7510 South Vermont Avenue
$3,995,000
—
9,400
9,400
$425
Description
Great opportunity to own a rare and empty former theatre that was converted to a church. Repurpose it as desired or use it as-is. With new codes, the property also affords an opportunity for redevelopment to residential/commercial purposes with residential density bonuses. Check with the city and your architect for all details related thereto. This just in: New law, signed by Gov. Gavin Newsom, rezones land owned by nonprofit colleges and religious institutions, such as churches, mosques, and synagogues,...Great opportunity to own a rare and empty former theatre that was converted to a church. Repurpose it as desired or use it as-is. With new codes, the property also affords an opportunity for redevelopment to residential/commercial purposes with residential density bonuses. Check with the city and your architect for all details related thereto. This just in: New law, signed by Gov. Gavin Newsom, rezones land owned by nonprofit colleges and religious institutions, such as churches, mosques, and synagogues, to allow for affordable housing. Starting in 2024, they can bypass most local permitting and environmental review rules that can be costly and lengthy. With its high ceilings and expansive clear and open area, the property could be perfect for warehousing, storage space, distribution center, etc. all in a central convenient area. There is a large doorway in the rear at grade providing easy forklift access. Extraordinary opportunity for a large scarce, unique, and desirable property along a major thoroughfare. Property is vacant for immediate occupancy by new ownership or its desired tenants. Unpaved on-site parking area at the rear off of the alley. Trust owned and vacant for years so no other information is available including any historical income and expenses. Sold in its present "as is" condition. No warranties of any kind or representations made regarding the property whatsoever. Buyer to conduct their own independent investigations. Standard sale. No court approval necessary.
- Listed by David Bond • DRE #00580597 • Brokerage DRE #00580597 • David Bond
Property Details for 7510 South Vermont Avenue
Parking Spaces Total
0
Lot Size SourceAssessor
Lot Size Dimensions80x140
Building Area Total9400
Stories Total2
Association Fee$.00
ZoningLAC2
Parcel Number6020008035
LISTING UPDATED: 01/11/2024 05:22 AM
Property Details for 7510 South Vermont Avenue
Status | Active |
---|---|
MLS # | 23323055 |
Days on Market | 397 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Other |
MLS Type | Commercial Sale |
Year Built | 1939 |
Lot Size | 0.26 AC / 11,200 SF |
County | Los Angeles County |
Building Information for 7510 South Vermont Avenue
Stories2Residences-Year Built1939Lot Size0.26 AC / 11,200 SF
Property Information for 7510 South Vermont Avenue
Property History for 7510 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 7510 South Vermont Avenue
Taxable ValueLand$1,536,570Additions$519,480Total$2,056,050
Tax Record2024$25,757 ($2,146 / month)
Home Facts
Total Finished SqFt9,400 SqFtAbove Grade Finished SqFt9,400 SqFtStories1Lot Size11,227 SqFtStyleReligiousYear Built1939ZoningLAC2CountyLOS ANGELESAPN6020-008-035
Schools near 7510 South Vermont Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Mary Mcleod Bethune Middle School Public7 to 8 | ||
Youth Opportunities Unlimited 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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