About 4512 Vermont Avenue
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.
Features of 4512 Vermont Avenue
| MLS® # | PW25090161 |
|---|---|
| Price | $1,000,000 |
| Bathrooms | 0.00 |
| Acres | 0.12 |
| Year Built | 1930 |
| Type | Residential Income |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 4512 Vermont Avenue |
|---|---|
| Area | C37 - Metropolitan South |
| City | Los Angeles |
| County | Los Angeles |
| State | CA |
| Zip Code | 90037 |
Listing Map
Amenities
| Utilities | Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected |
|---|---|
| Parking | Driveway |
| Garages | Driveway |
| View | None |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Interior | Carpet, Tile |
|---|---|
| Interior Features | All Bedrooms Down |
| Appliances | Gas Oven, Gas Range, Refrigerator, Water Heater |
| Heating | Combination, Space Heater |
| Cooling | None |
| Has Basement | No |
| Fireplace | Yes |
| Fireplaces | None |
| # of Stories | 1 |
| Stories | One |
Exterior
| Exterior | Block |
|---|---|
| Lot Description | ZeroToOneUnitAcre, Near Public Transit, Walkstreet, Yard |
| Roof | Shingle |
| Construction | Block |
| Foundation | Concrete Perimeter, Slab |
Additional Information
| Date Listed | April 22nd, 2025 |
|---|---|
| Days on Market | 180 |
| Zoning | LAC2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Steven Gray |
|---|---|
| Office | eXp Realty of Greater Los Angeles |