6551 South Vermont Avenue
$699,000
2
2
1,350
1,350
$518
Description
We are thrilled to present an excellent investment opportunity that includes 3 mixed-use units combining residential and commercial potential. This property covers 1,424 square feet on a C2 Lot (TOC-3) in the vibrant Vermont Corridor. It consists of 2 residential units and 1 commercial space, with RTI plans in place to convert the garage into an ADU. The current vacancies offer immediate potential for increased rental income, making it attractive to savvy investors looking to capitalize on the active...We are thrilled to present an excellent investment opportunity that includes 3 mixed-use units combining residential and commercial potential. This property covers 1,424 square feet on a C2 Lot (TOC-3) in the vibrant Vermont Corridor. It consists of 2 residential units and 1 commercial space, with RTI plans in place to convert the garage into an ADU. The current vacancies offer immediate potential for increased rental income, making it attractive to savvy investors looking to capitalize on the active local market. Additionally, with two tenants on month-to-month leases, there is significant flexibility for future development or reorganization. Situated near public transportation, major highways, shopping centers, and educational institutions, this property is well-positioned for substantial value growth and will enhance its lively neighborhood.
- Listed by Armin Soleimani • DRE #01846872 • Brokerage DRE #01911261 • Global Platinum Properties, Inc.
- Listed by Julio Ruiz • DRE #01911261 • Brokerage DRE #01911261 • Global Platinum Properties, Inc.
Property Details for 6551 South Vermont Avenue
Zoning
LAC2
Parcel Number6014012001
Total Units3.0
Living Area1350
Source Living AreaVendor Enhanced
AreaLos Angeles Southwest (C34)
Vacancy Rate2 Units
Lot Size Area2502
LISTING UPDATED: 10/24/2024 11:20 AM
Property Details for 6551 South Vermont Avenue
Status | Active |
---|---|
MLS # | 24-426751 |
Days on Market | 102 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1940 |
Lot Size | 0.06 AC / 2,502 SF |
County | Los Angeles County |
Building Information for 6551 South Vermont Avenue
Stories1Residences-Year Built1940Building Size-Lot Size0.06 AC / 2,502 SF
Property Information for 6551 South Vermont Avenue
Property History for 6551 South 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 6551 South Vermont Avenue
Taxable ValueLand$120,724Additions$74,844Total$195,568
Tax Record2024$2,626 ($219 / month)
Home Facts
Total Finished SqFt1,350 SqFtAbove Grade Finished SqFt1,350 SqFtStories1Lot Size2,502 SqFtStyleOffice BuildingYear Built1940ZoningLAC2CountyLOS ANGELESAPN6014-012-001
Schools near 6551 South Vermont Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Charter - | K to 8 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
ICEF Lou Dantzler Preparatory Academy Charter CharterK to 8 | ||
John Muir Middle School Public6 to 8 | ||
George Washington Preparatory High School Public9 to 12 |
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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