1508 S Vermont Los Angeles, CA $ 2,190,000
1508 S Vermont
$ 2,190,000
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1508 S Vermont

Los Angeles, CA, 90006
$ 2,190,000
Bedrooms-- Baths-- Sq 3,334

Monthly Estimate*

$ 13,828

Listed by Beverly and Company, Inc.
1508 S Vermont, Los Angeles, CA 90006 - Image 1
1508 S Vermont, Los Angeles, CA 90006 - Image 2
1508 S Vermont, Los Angeles, CA 90006 - Image 3

Commercial Property for sale in Los Angeles, CA

for $2,190,000. This 3,334 square foot building was built in 1956 on a lot size of 0.1564.

Three Prime Commercial Units, fully leased. Situated in the Korea Town, in one of the most vibrant and bustling commercial area of Mid Wilshire. These Building has foot traffic and exposure are perfect for retail spaces that attract a diverse customer base. Legally 2 units, however the owner is in the process of getting the 3rd unit up to code and permitted. Lots of potential for an investment property.

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Commercial Active

Price

$ 2,190,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.1564

Year Built

1956

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

BB26171572

Days on Market

2

Features
General
Heating Forced Air
Cooling See Remarks Wall/Window Unit(s)
Utilities Cable Available Electricity Available Electricity Connected Sewer Connected Water Available Water Connected
Roof Composition
Construction Materials Drywall Glass Concrete
Year Built 1956
Electric Electricity - On Property
Property Subtype Retail
Business Type Multi-Tenant
County Los Angeles
Net Operating Income 79196
Operating Expense 30100
Insurance Expense 3000
Property Type Commercial Sale
MaintenanceExpense 800
Special Listing Conditions Standard
Status Active
Directions South Vermont between Venice and Pico Blvd.
City Los Angeles
Open Parking Spaces 6
Number Of Units Total 6
MLS Area C17 - Mid-Wilshire
Lot Size Units Square Feet
Lot Size Square Feet 6812
Number of Units Leased 3
Listing Terms Cash to New Loan Government Loan
Land Lease Y/N false
Electric Expense 500
Current Financing Government Loan
Trash Expense 1200
Additional Parcels Y/N false
Lease Considered Y/N false
Building Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
Property Sub Type Additional Retail
Cap Rate 3.61
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Interior
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Laundry Features None
Entry Level 1
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Exterior
Fencing Good Condition Wrought Iron
Lot Features 0-1 Unit/Acre
Water Source Public
Total Parking 6
Lot Size Area 6812
Number of Buildings 1
Building Area Total 3334
Lot Size Acres 0.1564
Lot Size Source Assessor
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* Excluded Features
List By
Beverly And Company, Inc.

Broker

mcteam.marlene@gmail.com

Email

Affordability Calculator

$13,828
Per Month
100%
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0%
Monthly Principal & Interest
$13,828
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/6/2026$2,190,000 Listed Price

Map


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1508 S Vermont, Los Angeles, CA, 90006 is a Commercial Property for sale at $2,190,000 with 3,334 sqft and a lot size of 0.1564. 1508 S Vermont was built in 1956. The property's zip code is 90006 which is in Los Angeles, CA