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8636 S Vermont Avenue

Los Angeles (City), CA 90044
  • $249,950
  • STATUS: Active
  • ON SITE: 53 Days
  • ID#: 24342606
UPDATED: 72 min ago
$249,950
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Vacant Land / Lots
County:

School Ratings & Info

Listing Agent(s): David Bond of David Bond (213-268-2663)


Description

ANOTHER HUGE PRICE REDUCTION! Priced way below appraised value. Owner wants it sold yesterday. Owner will now consider carrying paper with 50% down with interest only payments at 7.5% due in 5 years OAC. Lot cleared of all debris. Rare opportunity to own a level vacant commercial zoned lot in central Los Angeles ready for development. New codes should allow for both residential and commercial development with potential for residential bonus developments. Easy to build-out with all utilities in place. Both street access and convenient alley access for more development choices and opportunities. Completely fenced, locked, and secure. Property may also be suitable for a small lot subdivision, multi-family residential, single-family dwelling, commercial and/or residential condominium project in addition to a commercial and residential development by right. In addition, it may possibly be used for parking for adjacent businesses and churches or to generate parking income related thereto. Get creative to maximize potentials for this easily affordable lot. Check with your architect and/or the city to find out all the different development opportunities for the property. Trust owned so no information is known about the property. Buyer to conduct their own independent investigations. Property is ready for escrow and immediate close as no court confirmation is needed whatsoever. Priced right for a quick sale of a unique lot with many opportunities.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-25T08:27:50.2. 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 deemed reliable but is not guaranteed accurate by the MLS or Go Gabby | RE/MAX Estate Properties. Licensed in the State of California, USA.
www.gogabby.com/homes/146325834
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8636 S Vermont Avenue Los Angeles (City), CA 90044

  • Price: $249,950
  • Status: Active
  • On Site: 53 Days
  • Updated: 72 min ago
  • ID#: 24342606
0
Beds
0
Baths
0
½ Baths
0.07
Acres
Neighborhood:
C36 - Metropolitan Southwest
County:
Los Angeles
Area:
C36 - Metropolitan Southwest
Property Description
ANOTHER HUGE PRICE REDUCTION! Priced way below appraised value. Owner wants it sold yesterday. Owner will now consider carrying paper with 50% down with interest only payments at 7.5% due in 5 years OAC. Lot cleared of all debris. Rare opportunity to own a level vacant commercial zoned lot in central Los Angeles ready for development. New codes should allow for both residential and commercial development with potential for residential bonus developments. Easy to build-out with all utilities in place. Both street access and convenient alley access for more development choices and opportunities. Completely fenced, locked, and secure. Property may also be suitable for a small lot subdivision, multi-family residential, single-family dwelling, commercial and/or residential condominium project in addition to a commercial and residential development by right. In addition, it may possibly be used for parking for adjacent businesses and churches or to generate parking income related thereto. Get creative to maximize potentials for this easily affordable lot. Check with your architect and/or the city to find out all the different development opportunities for the property. Trust owned so no information is known about the property. Buyer to conduct their own independent investigations. Property is ready for escrow and immediate close as no court confirmation is needed whatsoever. Priced right for a quick sale of a unique lot with many opportunities.
Exterior Features

Lot Features Flat Parking Total 0 Topography Level View None View YN No

Property Features

Additional Parcels YN No Association YN No Buyer Financing Cash Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash New Construction YN No Possession Close Of Escrow Senior Community YN No Sewer Other Special Listing Conditions Standard Water Source Public Zoning LAC2



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-25T08:27:50.2. 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 deemed reliable but is not guaranteed accurate by the MLS or Go Gabby | RE/MAX Estate Properties. Licensed in the State of California, USA.
 
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Go Gabby | RE/MAX Estate Properties
1901 S Catalina Ave.
Redondo Beach CA, 90277
Listing Agent(s): David Bond of David Bond (213-268-2663)