This mix-use property presents a rare RTI (Ready-to-Issue) development opportunity with approved plans and permits to develop a 14 unit all 1B/1B multifamily project, this property is perfect for developers seeking a value-add investment with significant upside. The lot currently includes two buildings, one of which is boarded up, and has an existing tenant (seller will deliver vacant as part of offering and asking price). The location offers excellent visibility and is surrounded by residential and commercial properties, making it ideal for mixed-use or multifamily housing. The tenant will be vacated before COE, and RTI delivered approved and ready at COE.
MLS #
CRPW25090161
MLS Source
California Regional MLS
Days on Site
22
Appliances
Oven - Gas, Oven Range - Gas, Refrigerator
Laundry
None
Cooling
None
Heating
Multi Type, Space Heater
Roof
Shingle
Foundation
Concrete Perimeter, Slab
Pool
None
Garage/Parking
Other, Garage: 0 Car(s)
# Buildings | # Leased Units | # Total Units |
---|---|---|
2 | – | 1 |
4512 S Vermont Ave is a Residential Income in Los Angeles, CA 90037. This – square foot property sits on a 5,252 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,200,000 and was built in 1930.
This address can also be written as 4512 S Vermont Ave, Los Angeles, CA 90037.©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of April 30, 2025. For the most current information, please contact Steven Gray