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768 S Vermont Avenue, Los Angeles, CA 90005

Commercial property

768 S Vermont Avenue, Los Angeles, CA 90005 Sold February 2025 CRMLS
$2,000,000Sold February 2025

Listing Agent: James Antonucci (DRE #01822661) · Listing Office: Keller Williams Realty-Studio City · Contact: 818-381-6601 · Bought with: Armin Soleimani · Global Platinum Properties, Inc. · MLS #SR24229293 · Source: CRMLS

6,671
Building Sq Ft
3.96%
Cap Rate
$98,831
NOI
5,629 sqft
Lot Size
1924
Year Built
Commercial property
Type

About this commercial property

Exceptional Owner/User Opportunity at 762-770 S Vermont Ave – Prime Corner Lot in Koreatown Take advantage of this high-visibility commercial property located on a signalized corner at 762-770 S Vermont Ave, featuring a desirable unit mix of 5 commercial spaces with month-to-month tenants. This setup provides flexibility for new owners to maximize rental potential or reimagine the space to suit their business needs. Situated in the Wilshire/Koreatown Recovery Redevelopment Area, this corner lot benefits from excellent frontage on Vermont Ave and W 8th St, high traffic counts, and proximity to popular LA attractions. With SBA financing available and easy access to the Wilshire/Vermont subway station and nearby freeways (CA-101, CA-110, and I-10), this property is ideal for investors or business owners seeking a prime, accessible location in one of LA’s most dynamic neighborhoods.

Listing description from the February 2025 sale, as reported to CRMLS.

Sale history

$2,000,000
Sold February 2025 · listed $2,500,000, on market November 2024 · MLS #SR24229293 · Source: CRMLS
Listing Agent: James Antonucci · Listing Office: Keller Williams Realty-Studio City · Contact: 818-381-6601 · Bought with: Armin Soleimani · Global Platinum Properties, Inc.
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