Homes for sale - 9811 S Vermont AVE, Los Angeles, CA 90044

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 896 sqft

Price per Sqft $758

MLS Listing ID PW25019687

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1924

Lot Size 4,756 Sqft

Property Description

INVESTORS DREAM COPE TRUE!!!!! Great opportunity to own a rare flat level lot zoned C3 for commercial or residential use. Although sold for land value only, there is an existing vacant home on the site but it is considered to be a tear-down. Seller has tentative verbal approval for a 6-unit development allowed by right along with a 24-hour post office box business with a great income potential with very limited competition. Architect may be available to be hired to continue with the approval process for the proposed development, if desired. Repurpose the property as desired or use it as-is. With new codes, it should allow for both residential and commercial development with a potential for residential low-income bonus developments and ADU's. Easy to build-out with all utilities place. Both street access and convenient alley access for more development choices and opportunities. This property has a lot of potentials Multi-family residential, Single-family dwelling, Commercial and or Residential Condominium project. Property is located in Los Angeles but within a small unincorporated pocket under the jurisdiction of the County of Los Angeles. Property Sold in its present condition and "AS IS", with no warranties of any kind or representations made regarding the property whatsoever. Buyer to conduct their own independent investigations. Standard sale. Because it is being sold for land value only and its income stream, an interior view of the house will only be allowed upon an accepted offer and only of deemed necessary and requested by the buyer because the house is considered to be a tear-down. Due to being sold for land value, sign and its income stream only, drive-by the property at any time and feel free to view it along Vermont and/or the alley at the rear of the property, it could also be view aerial photos. INCREDIBLE DEAL. MAKE PART OF YOUR PORTFOLIO.

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Zoning LCC3YY

Rooms

Main Level Bedrooms 1

Interior

Interior Features All Bedrooms Down

Cooling None

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Pool None

Community Features Curbs

View Y/N No

View None

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Dwelling Type House

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 6056018001

Acceptable Financing Cash,Cash to New Loan

Listing Terms Cash,Cash to New Loan

Special Listing Condition Standard