Property Details
Property Details
Property Details
6430 Vermont, Los Angeles, CA 90044
$1,650,000 LOGIN TO SAVE
6430 Vermont, Los Angeles, CA 90044
Bedrooms:
Bathrooms:
Area: SqFt.
Description
Located on South Vermont Avenue in Los Angeles, California, this development site totals +/-7,500 square feet and will be delivered 'ready-to-issue' for a 23-unit apartment building. The approved structure calls for (1) on-grade parking structure below (3) residential stories for a total of four above grade stories. Included with the permitted structure are (19) - 1 bed / 1 bath, (3) - Studio / 1 Bath, and (1) - 2 bed / 2 bath units. Through the development process, ownership utilized the TOC density bonus which calls for (2) - low-income units. The remainder units are earmarked for market rate apartments. The site is a great shelter through the Qualified Opportunity Zone program to offset potential capital gains through the proper utilization of the program. Furthermore, the future apartment building site is located on Vermont Avenue, just South of Gage Avenue with easy access to 110 Freeway, SoFi Stadium, Downtown Los Angeles, University of Southern California, Slauson Super Mall, and Banc of California Stadium
Features
- 0.17 Acres
Listing provided courtesy of Casey Picard of Keller Williams Realty. Last updated 2022-12-30 10:18:01.000000. Listing information © 2022 Sandicor.
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This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by Sandicor®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 Sandicor®, Inc.
Copyright © 2022 Maldonado Team. All Rights Reserved.
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This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by Sandicor®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 Sandicor®, Inc.
Copyright © 2022 Maldonado Team. All Rights Reserved.
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