7510 South Vermont Avenue Los Angeles, CA $ 3,495,000
7510 South Vermont Avenue
$ 3,495,000
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7510 South Vermont Avenue

Los Angeles, CA, 90044
$ 3,495,000
Baths0.0

Monthly Estimate*

$ 23,229

7510 South Vermont Avenue, Los Angeles, CA 90044 - Image 1
7510 South Vermont Avenue, Los Angeles, CA 90044 - Image 2
7510 South Vermont Avenue, Los Angeles, CA 90044 - Image 3
7510 South Vermont Avenue, Los Angeles, CA 90044 - Image 4
Studio

Commercial Property for sale in Los Angeles, CA

for $3,495,000. This building was built in 1939 on a lot size of 0.257117.

Great opportunity to own a rare and empty former theatre that was converted to a church. Repurpose it as desired or use it as-is. With new codes, the property also affords an opportunity for redevelopment to residential/commercial purposes with residential density bonuses. Check with the city and your architect for all details related thereto. This just in: New law, signed by Gov. Gavin Newsom, rezones land owned by nonprofit colleges and religious institutions, such as churches, mosques, and synagogues, to allow for affordable housing. Starting in 2024, they can bypass most local permitting and environmental review rules that can be costly and lengthy. See SB 4. With its high ceilings and expansive clear and open area, the property could be perfect for warehousing, storage space, distribution center, etc. all in a central convenient area. There is a double doorway in the rear at grade providing easy forklift access. Extraordinary opportunity for a large scarce, unique, and desirable property along a major thoroughfare. Property is vacant for immediate occupancy by new ownership or its desired tenants. Unpaved on-site parking area at the rear off of the alley. Trust owned and vacant for years so no other information is available including any historical income and expenses. Sold in its present "as is" condition. No warranties of any kind or representations made regarding the property whatsoever. Buyer to conduct their own independent investigations. Standard sale. No court approval necessary.

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Commercial Active

Price

$ 3,495,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.257117

Year Built

1939

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0024392151

Features
General
Zoning LAC2
Year Built 1939
Business Type Retail
County Los Angeles
Property Type F
Status Active
City Los Angeles
MLS Area C36 - Metropolitan Southwest
Lot Size Square Feet 0.0
Street Name Vermont
Standard Status Active
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Exterior
Water Source Public
Lot Size Area 11200.0
Lot Dimensions 80x140
Lot Size Acres 0.0
Land Lease Type Fee
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Interior
Total Stories 2
Street Suffix Avenue
Total Baths 0
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* Excluded Features
List By
David Bond

Listing Agent

David Bond

Broker

Affordability Calculator

$23,229
Per Month
100%
0%
0%
Monthly Principal & Interest
$23,229
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/15/2024$3,495,000 Listed Price

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7510 South Vermont Avenue, Los Angeles, CA, 90044 is a Commercial Property for sale at $3,495,000 with a lot size of 0.257117. 7510 South Vermont Avenue is a studio with 0.0 baths and was built in 1939. The property's zip code is 90044 which is in Los Angeles, CA