1637 S Vermont Avenue, Los Angeles, CA 90006

Los Angeles
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
1637 S Vermont Avenue,Los Angeles, CA 90006
$2,499,000
  • 0.29 Acres
  • Lots / Land
  • Active
Listed by: elijah shin, sung oh
Office: dream realty & investments inc213-380-8949
MLS#:26655419
Source:CRMLS

Price summary

  • Price:$2,499,000

About this home

Prime C2-2 Commercial Zoned vacant lot (12,750sf) with max building envelope of (57,461sf) 6 floor structure, located in a highly active and densely populated area of Los Angeles, offering a compelling opportunity for developing 71 units with MIIP (Mixed Income) or 93 units with AHIP (Affordable Housing) Incentinve Programs. C2 zoning in Los Angeles permits a wide range of uses, including retail, restaurants, offices, and is often favorable for mixed-use developments (commercial on the ground floor with residential units above) in urban corridors. Strategic Location as its situated along a busy stretch of Vermont Avenue between Venice Boulevard and Washington Boulevard. This location benefits from significant vehicular and pedestrian traffic. The area is directly influenced by the vibrant Koreatown communities and offers close proximity to Downtown Los Angeles, positioning it within a dynamic urban center experiencing continuous growth and demand for both commercial and residential...

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Home facts

  • Listing ID #:26655419
  • Added:115 day(s) ago
  • Updated:June 19, 2026 at 10:54 AM

Structure and exterior

  • Lot area:0.29 Acres

Finances and disclosures

  • Price:$2,499,000
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