Welcome to 11825 S Vermont Ave. This well-maintained triplex in West Athens offers exceptional value and opportunity for investors, first-time home-buyers, and developers. Three spacious units across 2,976 sq ft of livable space: unit A is 3 bed 1 bath; unit B is 2 bed 1 bath; unit C is 2 bed 1 bath. Units A and C are rented to long-term tenants at market rates. Unit B is vacant and freshly renovated with LVP floors, quartz countertops, and vinyl windows. The 6,751 sq ft lot includes a 6-car carport with ADU conversion potential. Major upgrades have been made to the plumbing/sewer line, paved exterior areas, carport, and unit interiors. The property is conveniently located one block from the Vermont/Athens Metro station, and near schools, shopping, entertainment, and more. Zoned for Mixed Use under the Connect Southwest LA Specific Plan, which allows for commercial and residential development possibilities. This property is ideal for investors seeking an outstanding 7.4% CAP rate from day one, first-time home-buyers to live in the vacant unit, or developers considering future repositioning.
Listing courtesy of Listing Agent: Chris Barker (chris@yorkshirere.com) from Listing Office: Yorkshire Realty.
Listing sold by Brenda Pena from Century 21 Allstars
Based on information from California Regional Multiple Listing Service, Inc. as of . 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.