7833 S Vermont Ave, Los Angeles, CA
Land | 8.77 acres
Marketing description
A ‘once-in-a-lifetime’ opportunity’ to acquire and re-imagine a very large, 382K sq. foot parcel, that will have a profound social and economic impact on Los Angeles, for generations to come. Zoned R4/C2, the highly-accessible and highly-visible site lends itself to all facets of commercial real estate development: Office, Retail, Multifamily, Industrial, Hospitality/Hotel and Healthcare - or a combination, therein, based on the sheer size of this offering. The site has many, many end- user uses, maximizing potential and minimizing entitlement risk.
The offering is church-owned and made up of 6 structures and can be delivered vacant at close of escrow. 5 of the 6 structures are presently used as administrative, office, classroom and warehouse/facilities management. The 6th and largest structure on site is a huge, 780+ stall parking structure. A potential saving 10’s of millions of dollars in construction and permitting costs, should it be re-incorporated into the developer’s vision.
Located near the vital 110 Freeway - connecting The Port of Los Angeles to Greater LA and directly ON the future home of the Metro Vermont Transit Corridor, as well!
This region of LA connecting DTLA to The South Bay will be on full display for the LA 2028 Olympics - with DTLA, The Coliseum, SoFi Stadium, The Forum and The South Bay Sports Park, taking center stage.
Exclusively Listed UNPRICED. Seller will meet the market.
Investment highlights
■ 8.77 Highly-Visible, Highly-Accessible Acres
■ 382K Sq. Ft. of Developable Land
■ Hundreds of Permitted Uses Minimizes Entitlement Risk
■ Massive Social and Economic Impact Potential, here, for decades to come
■ Sheer size of offering affords a Developer or User instant “presence” in region
■ Vital location linking the Port of LA to DTLA and Greater LA to The South Bay
■ Zoned R4/C2
■ The former home of Pepperdine University
■ Future home of the Vermont Transit Corridor linking Sunset Blvd. to The South Bay – increasing visibility, access to all of LA, and ultimately, increasing buildable density (BTV)
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