2041 N Vermont Avenue, Los Angeles, CA 90027

  • $9,500,000
  • $421
2041 N Vermont Avenue, Los Angeles, CA 90027
For Sale
2041 N Vermont Avenue, Los Angeles, CA 90027
  • $9,500,000
  • $421

Overview

Property ID: 25119784
  • Residential Income
  • Property Type
  • 7
  • Bedrooms
  • 31
  • Bathrooms
  • 22582.00
  • Sqft
  • 1928
  • Year Built

Description

This exquisite 32-unit residential income property stands out with gorgeous French Normandy design and ornate, architectural details. Located along Vermont, just below the hills of Los Feliz, the Griffith Observatory and just blocks from Los Feliz Village- this location couldn’t be better. The property features 32 units, consisting of 8 beautiful (1 bedroom, view units with French windows) including a non-conforming, “owner’s” unit with a fireplace and 24 charming studios (separate kitchens, dining areas and walk-in closets, which gives them more of a spacious feel). Each unit has charming details offering arched doors and doorways and beamed ceilings. The total building size is 22,582 square feet per assessor. Los Feliz is a vibrant and exciting place to live with amazing cafes, restaurants, nightlife, world famous architecture and lots of hiking for outdoor enthusiasts. Centrally located close to Silver Lake, Hollywood and Downtown LA. Owning this incredible piece of history would be a once in a lifetime opportunity! Seller will consider a partial trade. Almost always 100% occupied, the owner has indicated that there is consistently a “waiting-list” to get into the building. Vacancies have historically been filled through “word-of-mouth”. The views, character and charm of the units, elevator, large laundry room and the current owner’s maintenance record, make this a most attractive building for tenants. Anticipated upside of the rents is approximately 35-40% of current rents.

  • Address 2041 N Vermont Avenue
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90027
  • Area 637 - Los Feliz
  • Country United States

Details

Updated on February 29, 2024 at 9:35 pm
  • Property ID: 25119784
  • Price: $9,500,000
  • Property Size: 22582.00 Sqft
  • Land Area: 8991.00 Sqft
  • Bedrooms: 7
  • Bathrooms: 31
  • Year Built: 1928
  • Property Type: Residential Income
  • Property Status: For Sale
  • Total Area: 22582.00
  • MLS#: 22191539
  • Office Name: BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA PROPERTIES
  • Co-Office Name: Coldwell Banker Realty
  • Agent Name: Lane Aronson
  • Co-Agent Name: Paloma Fierro
  • Agent State License: 00681193
  • Co-Agent State License: 01386256
  • MLS Status: Active
  • Total Area Prefix: Sqft

Additional details

  • Roof: Composition
  • View: Mountain(s)
  • Sewer: Sewer Paid
  • Flooring: Carpet,Wood
  • County: Los Angeles
  • Parking: 0.00

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