Detail

Updated on January 5, 2021 at 6:26 pm

  • Land Area: 9,600 sq ft
  • Property Size: 15,800 sq ft
  • Price: $1,600,000
  • Year Built: 1923

Description

• Major price reduction!
• Fully entitled for 17 units with common restrooms, 
commercial kitchen, living area, storage area, 4 offices, 7 restrooms, new plumbing and electrical
• Possible uses include student or veteran housing, sober living, transitional housing, etc.
• One 2-story building plus adjacent 1-story building
• Ground floor retail units are currently vacant
• 7 second floor 1-bedroom/1-bath apartment units occupied by Section 8 tenants: $7,000/month income
• Great location 3 blocks west of the Harbor (110) Freeway and 6 blocks north of Slauson Avenue
• Los Angeles Coliseum and Banc of California Stadium are located 1-1/4 miles to the north and the USC campus is located 2 miles to the north
• Frontage: 80’ on Vermont Ave and 120’ on 53rd St
• TOC: Tier 3
• Los Angeles State Enterprise Zone
• Council District: CD 9 – Curren D. Price, Jr.
• Traffic Count: 22,880 Vehicles Per Day (2018)

Property Details:
5305 S Vermont Avenue
Land Use: Stores & Residential
Building Area: 2,400± SF
Stories: 1
Current Use: Retail
Year Built: 1921/1926
Land Area: 4,800± Sq.Ft.
Zoning: LA C2-1L-CPIO
Assessor’s Parcel #: 5002-026-002

1004 W 53rd Street
Land Use: Stores & Residential
Building Area: 13,400± SF
Stories: 2
Current Use: 7 Apartments & 5 Retail Units
Year Built: 1923
Land Area: 4,800± Sq.Ft.
Zoning: LA C2-1L-CPIO
Assessor’s Parcel #: 5002-026-001

Property Documents

  • Marketing Package for 5305 S Vermont Ave
  • Address: 5305 S Vermont Ave 1004 W 53rd St
  • City: Los Angeles
  • State/county: CA
  • Zip/Postal Code: 90037
  • Country: United States

Contact info

Daniel Moussazadeh
Daniel Moussazadeh
213.747.7959310.999.9437

Inquire about this property

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