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10953 S VERMONT AVE, Los Angeles, California

$860,0005 Beds7 BathsContract Pending

10953 S VERMONT AVE, Los Angeles, California 90044
- MLS® ID: 17253138

Property Details

10953 S VERMONT AVE, Los Angeles, California 90044 - NON-RENT CONTROLLED property, located in an Unincorporated area known as Westmont District (NOT in the city of LA). Consists of seven (7) apartment units, all single-story (duplex style), 6 enclosed garages with a detached layout. Features a well balanced unit mix of 2-bedroom, 1-bedroom, and studio units. Separately metered for gas and electricity. It has room to increase rents. Because of its location, the subject property has the advantage of NO RENT CONTROL! This offering presents an excellent opportunity for the astute investor to take advantage of a well located NON-RENT CONTROLLED asset, immediately raise rents and increase cash flow. In addition, the property has undergone many recent capital improvements such as: New stucco, All copper plumbing, All vinyl windows, New shingle roof layer, Gutters / downspouts, Wood plank flooring - select units, One bathroom - Full remodel. * 1-bedroom unit is permitted as office space and has been operating as an apartment for decades.

Amenities

  • Zip90044
  • CountyLos Angeles
  • SQFT3464
  • Bedrooms5
  • Full baths7.00
  • StatusActive
  • Purchase TypeContract Pending
  • Property typeMulti-Family
  • Zoning typeLCC3YY
  • Year built1955
  • Lot size9003
  • HeatingNone
  • CoolingNone
  • Parking6
  • MLS® ID17253138

Listing Courtesy of RE/MAX Commercial and Investment Realty

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