Just Closed

800 N Vermont Ave | Los Angeles, CA 90029

The Property

  • Prime location directly across the street from Los Angeles City College 
  • 11 vacant apartments
  • Unique, mixed-use property with 57 multifamily units and 5, ground floor retail tenants
  • Over 35% upside in rent
  • First time on the market in over 50 years
  • Master metered for gas allowing an extra 1% annual increase
  • Seller is currently upgrading units to individual electric meters
  • Walking distance from the Vermont/Santa Monica Station and minutes from the 101 Freeway