1637 S Vermont Avenue, Los Angeles, CA 90006

Los Angeles
Local realty services provided by:ERA Excel Realty
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 inc
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:19 day(s) ago
  • Updated:March 09, 2026 at 12:30 AM

Structure and exterior

  • Lot area:0.29 Acres

Finances and disclosures

  • Price:$2,499,000
Based on information from California Regional Multiple Listing Service, Inc. as of March 15, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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