6413 S Vermont Avenue, Los Angeles, California 90044, Los Angeles, 90044 - bed, bath

6413 S Vermont Avenue, Los Angeles, California 90044 home-pic-0
ACTIVE$874,900
6413 S Vermont Avenue, Los Angeles, California 90044
0Bed
0Bath
2,802Sqft
2,500Lot
Year Built
1964
Close
-
List price
$875K
Original List price
$875K
Price/Sqft
$312
HOA
-
Days on market
-
Sold On
-
MLS number
IV25115745
Home ConditionGood
Features
Patio
View-

About this home

We found 3 Cons,6 Pros.

What an opportunity in the heart of South Los Angeles! Located on a C2-zoned lot, this mixed-use property at 6413 S Vermont Ave. offers incredible versatility and income potential. The property features three residential units: a spacious 2 bed / 1 bath, a cozy 1 bed / 1 bath, and a non-conforming 1 bed / 1 bath—perfect for multi-generational living or added rental income. At the front of the property, a fully renovated commercial unit is ready for immediate occupancy, ideal for retail, office, or service business use. The high-visibility location on Vermont Ave. provides steady foot traffic and strong rental appeal. Whether you're an investor looking to maximize cash flow or an owner-user seeking both living space and commercial use, this property delivers. Buyer to verify all permits and zoning requirements. Don't miss this rare chance to own a mixed-use gem with C2 zoning in a high-demand rental market! All information deemed reliable, but not guaranteed. Buyer to do their own due-diligence so as to satisfy themselves as to all aspects of the property.

Nearby schools

2/10
Gerald A. Lawson Academy Of The Arts, Mathematics And Science
Public,K-60.3mi
3/10
Budlong Avenue Elementary School
Public,K-50.5mi
4/10
Sixty-Eighth Street Elementary School
Public,K-60.5mi
3/10
Sixty-First Street Elementary School
Public,K-60.6mi
3/10
Raymond Avenue Elementary School
Public,K-50.7mi
3/10
Fifty-Second Street Elementary School
Public,K-51.1mi
2/10
Western Avenue Elementary School
Public,K-51.3mi
5/10
Estrella Elementary School
Public,K-51.3mi
2/10
Main Street Elementary School
Public,K-51.4mi
2/10
John Muir Middle School
Public,6-80.4mi
2/10
Mary Mcleod Bethune Middle School
Public,6-81.2mi
2/10
Barack Obama Global Preparation Academy
Public,6-81.7mi
3/10
Los Angeles Academy Middle
Public,6-81.8mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,9-120.4mi
3/10
John C. Fremont Senior High School
Public,9-121.5mi
3/10
Nava College Preparatory Academy
Public,9-123.1mi
5/10
Santee Education Complex
Public,9-123.7mi
9/10
Middle College High School
Public,9-124.4mi

Price History

Date
Event
Price
05/05/23
Sold
$455,000
09/20/13
Sold
$180,000
Condition Rating
Good

The property, built in 1964, features a fully renovated commercial unit and at least one residential unit with modern updates. The kitchen boasts white shaker cabinets, stainless steel appliances, and recessed lighting, while the bathroom includes contemporary vanities and fixtures, all complemented by light wood-look laminate flooring. These key areas are in excellent, move-in ready condition. While the exterior and some common areas reflect the property's age, the significant recent renovations in critical interior spaces elevate its overall condition to 'Good', indicating it's well-maintained with updated components, even if not every part has undergone a full recent renovation.
Pros & Cons

Pros

Great Schools: High School: Middle College High School (9/10).
Mixed-Use Zoning: The C2 zoning allows for significant versatility, accommodating both commercial and residential uses, which is highly desirable for investors and owner-users.
Multiple Income Streams: The property features a renovated commercial unit and three residential units, providing diverse rental income potential and maximizing cash flow.
High-Visibility Location: Situated on Vermont Avenue, the property benefits from high foot traffic and strong rental appeal, crucial for commercial success and tenant attraction.
Renovated Commercial Unit: The front commercial unit is fully renovated and ready for immediate occupancy, reducing initial investment for a new business or commercial tenant.
Versatility for Investors/Owner-Users: This property is ideal for both investors seeking to maximize cash flow and owner-users looking for a combined living and business space.

Cons

Non-Conforming Residential Unit: One of the residential units is explicitly non-conforming, which could lead to legal, permitting, or financing challenges for the buyer.
Extensive Buyer Due Diligence Required: The listing strongly emphasizes the buyer's responsibility to verify all permits and zoning, suggesting potential complexities or undisclosed issues that require thorough investigation.
Age of Residential Units: Built in 1964, and with only the commercial unit specified as renovated, the residential units may be original and could require significant updates or maintenance.

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