$890,000
FOR SALEActive10201 S Vermont Avenue
Los Angeles CA 90044
1,620
SF
Retail
Type
1996
Built
$549/SF
Cost/SF
Listing Agent
Raymond Espinoza
DRE #: 01429254
Brokerage: eXp Realty of Southern California, Inc.
Location Analysis
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
Building Details
Zoning & Use
Parking & Access
Utilities & Systems
Investment Metrics
Data not available.
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