Commercial for Sale in Los Angeles, California

11316 S Vermont Avenue, Los Angeles, California 90044, US

$ 2,300,000
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Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

  • Price: $ 2,300,000
  • MLS ID: PW24188285
  • Property Type: Commercial
  • WEB ID: PR02990117
  • Property Status: Active Under Contract
  •  Commercial for Sale in Los Angeles, California
  •  Commercial for Sale in Los Angeles, California
  •  Commercial for Sale in Los Angeles, California
  •  Commercial for Sale in Los Angeles, California
  •  Commercial for Sale in Los Angeles, California
  •  Commercial for Sale in Los Angeles, California
  •  Commercial for Sale in Los Angeles, California
  •  Commercial for Sale in Los Angeles, California
  •  Commercial for Sale in Los Angeles, California
  •  Commercial for Sale in Los Angeles, California
  •  Commercial for Sale in Los Angeles, California

Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

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  • Price: $ 2,300,000
  • MLS ID: PW24188285
  • Property Type: Commercial
  • WEB ID: PR02990117
  • Property Status: Active Under Contract
This listing includes three distinct areas: 11316-11318 S. Vermont Ave., Los Angeles, CA 90044, which features an approximately 8,000 SF lot with a 4,632 SF retail building, and 11331 Southwest Blvd., Los Angeles, CA 90044, an 8,198 SF parking lot. The 4,632 SF retail building, located in a prime roadside position, previously generated $10,000 per month in rental income, while the adjacent 8,200-square-foot parking lot adds an additional $4,000 per month. This presents a prime opportunity for an owner-user or investor, with a profitable commercial property in a thriving and highly accessible location, just under 10 minutes from Freeways 110, 105, and 710. With continuous development in the area in anticipation of the 2028 LA Olympics, this property offers excellent potential for future value appreciation. Additionally, it is conveniently located within 5 miles of SoFi Stadium, making it perfectly positioned for growth. Don’t miss out on this exceptional investment opportunity.

Additional Features

  • Concrete
  • Stucco
  • Parking spaces: 12.00
  • Listing Status: Active Under Contract
  • Listing Agent: Peter Lee (lic# 02025291) of Pacific West
  • Listing Office: Coldwell Banker Best Realty (lic# 01218423)
  • CO-Listing Agent: Youngha Kim (lic# 02229809) of Pacific West
  • CO-Listing Office: Coldwell Banker Best Realty (lic# 01218423)
  • Based on information from CRISNet MLS as of 5th January 2025 at 8:38am. 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.

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