Leo Nordine

Has Sold Over 5400 Properties Nordine Commercials Nordine Commercials

Offered at: $700,000

8625 – 8629 S Vermont Avenue, South LA 90044

Sq Ft6216

TypeCommercial / Industrial

StatusSold

Lot Area10,400 sq. ft.

Year Built1927

 Estate sale, first time ever in MLS. 6216 sq.ft. 11 unit mixed use building on two 40 x 130 street to alley lot in unincorporated county area. 2nd APN is 6047-003-006. NOT City of L.A., NO rent control. 9 residential units upstairs + 2 large commercial units downstairs. 10,400 sq.ft. of land, 24 car electric gated parking. Dual pane windows, high ceilings throughout, 7 skylights. 100% MPT, units are gutted. Owner had just started remodel then died suddenly. The plan was to convert the downstairs to 7 residential units + a community police station on the corner, and cell towers and a billboard on the roof. On service road west of Vermont, on northwest corner of 87th Street, right next to St. Michael’s Catholic School. 1/2 block from future $100 million Vermont Entertainment Village. 4 blocks to Sutton Park and Recreation Center and Manchester Ave Elementary. 2 miles east of mega $ billion 238 acre Hollywood Park Tomorrow and probable NFL stadium.

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Fax 310.379.5220