2041 North Vermont Avenue
$9,500,000
7
31
22,582
22,582
$421
Description
This exquisite 32-unit residential income property stands out with gorgeous French Normandy design and ornate, architectural details. Located along Vermont, just below the hills of Los Feliz, the Griffith Observatory and just blocks from Los Feliz Village- this location couldn't be better. The property features 32 units, consisting of 8 beautiful (1 bedroom, view units with French windows) including a non-conforming, "owner's" unit with a fireplace and 24 charming studios (separate kitchens, dining...This exquisite 32-unit residential income property stands out with gorgeous French Normandy design and ornate, architectural details. Located along Vermont, just below the hills of Los Feliz, the Griffith Observatory and just blocks from Los Feliz Village- this location couldn't be better. The property features 32 units, consisting of 8 beautiful (1 bedroom, view units with French windows) including a non-conforming, "owner's" unit with a fireplace and 24 charming studios (separate kitchens, dining areas and walk-in closets, which gives them more of a spacious feel). Each unit has charming details offering arched doors and doorways and beamed ceilings. The total building size is 22,582 square feet per assessor. Los Feliz is a vibrant and exciting place to live with amazing cafes, restaurants, nightlife, world famous architecture and lots of hiking for outdoor enthusiasts. Centrally located close to Silver Lake, Hollywood and Downtown LA. Owning this incredible piece of history would be a once in a lifetime opportunity! Seller will consider a partial trade. Almost always 100% occupied, the owner has indicated that there is consistently a "waiting-list" to get into the building. Vacancies have historically been filled through "word-of-mouth". The views, character and charm of the units, elevator, large laundry room and the current owner's maintenance record, make this a most attractive building for tenants. Anticipated upside of the rents is approximately 35-40% of current rents.
- Listed by Lane Aronson • DRE #00681193 • Brokerage DRE #00625377 • Berkshire Hathaway HomeServices California Propert
- Listed by Paloma Fierro • DRE #01386256 • Brokerage DRE #01464847 • Coldwell Banker Realty
Property Details for 2041 North Vermont Avenue
Style
Normandy
Parcel Number5589022006
Total Units31.0
Living Area22582
Source Living AreaVendor Enhanced
AreaLos Feliz (637)
Vacancy Rate3%
Lot Size Area8991
LISTING UPDATED: 06/17/2024 03:48 PM
Property Details for 2041 North Vermont Avenue
Status | Active |
---|---|
MLS # | 22-191539 |
Days on Market | 800 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1928 |
Lot Size | 0.21 AC / 8,991 SF |
County | Los Angeles County |
Building Information for 2041 North Vermont Avenue
Stories4Residences-Year Built1928Building Size-Lot Size0.21 AC / 8,991 SF
Property Information for 2041 North Vermont Avenue
Property History for 2041 North Vermont Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2041 North Vermont Avenue
Taxable ValueLand$1,672,693Additions$1,188,281Total$2,860,974
Tax Record2024$37,060 ($3,088 / month)
Home Facts
Total Finished SqFt22,582 SqFtAbove Grade Finished SqFt22,582 SqFtLot Size9,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1928ZoningLAR3CountyLOS ANGELESAPN5589-022-006
Schools near 2041 North Vermont Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 2 |
Rating | School | Distance |
---|---|---|
Los Feliz STEMM Magnet PublicK to 5 | ||
Thomas Starr King Middle School Public6 to 8 | ||
John Marshall Senior High School Public9 to 12 | ||
Lexington Avenue Primary Center PublicK to 2 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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