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$890,000

FOR SALEActive

10201 S Vermont Avenue

Los Angeles CA 90044

1,620

SF

Retail

Type

1996

Built

$549/SF

Cost/SF

20 days on marketNalren refreshed

Listing Agent

Karine Haneyan

Listing Agent

DRE #: 02100210

(818) 246-1099

Brokerage: JohnHart Real Estate

Raymond Espinoza

DRE #: 01429254

Brokerage: eXp Realty of Southern California, Inc.

Location Analysis

MapProperty Location

About This Property

Corner commercial property and successful market business offered together for sale at 11021 S. Vermont Avenue. Established for 25 years, the business is being sold as the owner prepares to retire. The property features dual street visibility, prominent signage, and on-site parking. The entire building is currently used as a food market, licensed for hot food use and holding a tobacco license. Buyers may inquire with the California Department of Alcoholic Beverage Control (ABC) regarding potential liquor licensing. Additional monthly rental income totals $3,400: $2,700 from a portion of the parking area leased to a successful recycling business, $400 combined from two clothing donation booths, and $300 from a truck parking space. All three rental arrangements are month-to-month. Current storefront rental rates are approximately $2.50 per square foot per month. The market operation may be leased to an operator or continued as an owner-occupied business, offering flexibility for investors and owner-users. A great opportunity to acquire both the property and an established business, with existing rental income and upside potential.

Property Information

Property Overview

Commercial - Retail

Property Type

Active

Status

LCC3

Zoning

0.1267 acres

Lot Size

1,620 SF

Square Footage

$549.38/SF

Price per SF

1,996

Year Built

1

Stories

8

Parking Total

4.94

Parking Ratio

Property Highlights

N/A Property

Prime Location with High Visibility

Location Analysis

Map

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