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.
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.
Property Details
Price:
$1,200,000
MLS #:
PW25090161
Status:
Active
Baths:
0
Address:
4512 S Vermont Avenue
Type:
Residential Income
Subtype:
Commercial/Residential
Neighborhood:
c37metropolitansouth
City:
Los Angeles
Listed Date:
Apr 22, 2025
State:
CA
ZIP:
90037
Lot Size:
5,252 sqft / 0.12 acres (approx)
Year Built:
1930
See this Listing
Mortgage Calculator
Schools
Interior
Appliances
Gas Oven, Gas Range, Refrigerator, Water Heater Central
Cooling
None
Fireplace Features
None
Flooring
Carpet, Tile
Heating
Combination, Space Heater
Exterior
Community Features
Curbs, Urban
Electric
Standard
Fencing
Chain Link
Foundation Details
Concrete Perimeter, Slab
Garage Spaces
0.00
Lot Features
0-1 Unit/ Acre, Near Public Transit, Walkstreet, Yard
Parking Features
Driveway
Parking Spots
0.00
Pool Features
None
Roof
Shingle
Security Features
Window Bars
Sewer
Public Sewer
Stories Total
1
View
None
Water Source
Public
Financial
Utilities
Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Map
Community
- Address4512 S Vermont Avenue Los Angeles CA
- AreaC37 – Metropolitan South
- CityLos Angeles
- CountyLos Angeles
- Zip Code90037
Similar Listings Nearby
- 915 Enterprise Avenue
Inglewood, CA$1,550,000
4.54 miles away
- 116 S Fir Avenue
Inglewood, CA$1,550,000
4.67 miles away
- 10219 England Avenue
Inglewood, CA$1,550,000
4.66 miles away
- 1745 S Harvard Boulevard
Los Angeles, CA$1,550,000
2.82 miles away
- 2018 W 39th Street
Los Angeles, CA$1,550,000
1.75 miles away
- 3013 W 11th Street
Los Angeles, CA$1,550,000
3.45 miles away
- 1745 S Kingsley Drive
Los Angeles, CA$1,550,000
2.80 miles away
- 1308 S Van Ness Avenue
Los Angeles, CA$1,550,000
3.38 miles away
- 1623 W 39th Place
Los Angeles, CA$1,550,000
1.34 miles away
- 3008 Stocker Street
Los Angeles, CA$1,549,000
2.06 miles away
Courtesy of eXp Realty of Greater Los Angeles. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.4512 S Vermont Avenue
Los Angeles, CA
LIGHTBOX-IMAGES