Listing provided courtesy of Armin Soleimani of Global Platinum Properties, Inc.. Last updated 2024-11-24 09:14:51.000000. Listing information © 2024 CRMLS.
Asking Price: $699,000
6551 Vermont, Los Angeles CA 90044
Community: C34 - Los Angeles Southwest
Status: Active
This property was built in 1940 and is priced at $699,000. Please see the additional details below.
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.