BURNWOOD
Listed by BURNWOOD
$750,000
Single Family and Mixed-Use Fixer - 4512 Vermont Ave
Details
APN 5018-008-014
Property Type Land, Mixed Use
Sub Type Apartment Building, Commercial
Square Footage 5,248
Units 2
Occupancy 50%
Class C
Year Built 1930
Buildings 2
Stories 1
Lot Size (SqFt) 5,248
Zoning LAC2
Residential Fixer / Commercial Mixed-Use with Value-Add Opportunity
Marketing description
Value-Add Property - Single Family Fixer and Vacant Store Front
This mix-use property is perfect for developers seeking a value-add investment with significant upside. The lot currently includes two buildings, one of which is boarded up, and has an existing tenant (seller will deliver vacant as part of offering and asking price).
Investment highlights
Opportunity to Develop & Value-Add Property - Single Family Fixer and Vacant Store Front
The location offers excellent visibility and is surrounded by residential and commercial properties, making it ideal for mixed-use or multifamily housing.
- The lot currently includes two buildings, one of which is boarded up, and has an existing tenant generating income of $1,400/month.
- The location offers excellent visibility and is surrounded by residential and commercial properties, making it ideal for mixed-use or multifamily housing.
- The tenant will be vacated before COE, ensuring a seamless transition form development.
Listing Contacts
BURNWOOD
Listed by BURNWOOD
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