1637 S Vermont Avenue, Los Angeles, CA 90006
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
1637 S Vermont Avenue,Los Angeles, CA 90006
$2,499,000
- 0.29 Acres
- Lots / Land
- Active
Listed by: elijah shin
Office: dream realty & investments inc
MLS#:CL26655419
Source:Bay East, CCAR, bridgeMLS
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 space in a desirable location within an active and developing corridor.
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Home facts
- Listing ID #:CL26655419
- Added:1 day(s) ago
- Updated:February 24, 2026 at 12:34 PM
Structure and exterior
- Lot area:0.29 Acres
Finances and disclosures
- Price:$2,499,000
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