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Listed by Leah Ivy Chang • Redpoint Realty
$ 1,950,000
Est. payment /mo
Active
7205 South VERMONT Avenue Los Angeles, CA 90044
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW-24252495
Year Built 1974
Annual Tax Amount $14,575
Tax Year 2024
Property Sub-Type Retail
Property Description
Prime 5% Cap Rate NNN Investment Opportunity! Don't miss your chance to secure this income-producing gem in one of the area's most sought-after locations. This high-exposure corner lot offers incredible visibility, long-term stability, and untapped potential for future upside. Solid NNN Lease -- Tenant covers all expenses (taxes, insurance, and maintenance), giving you pure net income and true peace of mind. Strategic Location -- Positioned on a high-traffic intersection, this property benefits from strong footfall, excellent access, and strong local demographics. Large Lot -- Spacious corner parcel offers future redevelopment potential, drive-thru capability, or expansion possibilities (check with city). Turnkey Investment -- Ideal for 1031 exchange buyers, seasoned investors, or anyone seeking a stable, low-maintenance property with attractive returns.
Location
State CA
County Los Angeles
Area C36 - Metropolitan Southwest
Interior
Heating Central
Laundry None
Exterior
Utilities Available Electricity Available, Natural Gas Available, Phone Available
Building
Lot Description Lot 10000-19999 Sqft, Corner Lot
Nicole Van Parys & Gary Nesen
License Partners, Private Office Advisors | License ID: 01108944