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33170701
33170707

2207 S VERMONT AVE, LOS ANGELES, CA 90007-1656 For Sale

AL
CA CA 01865688
The CREM Group
Listed by The CREM Group
$1,950,000
52 days on market
Updated 18 days ago

2207 South Vermont Avenue

Details
APN 5054-023-023
Property Type Retail, Office (+1)
Sub Type Storefront, Traditional Office (+1)
Square Footage 3,986
Units 2
Price per SqFt $489
Year Built 1925
Year Renovated 2018
Buildings 1
Stories 1
Lot Size (SqFt) 6,615
Zoning C2
Parking Spaces 7 spaces
Parking per 1,000 SqFt 1.76
Investment Type Owner/User
Ground Lease No

2-Story Mixed-Use Retail/Office Expanded & Renovated in 2018

Marketing description

2207 S. Vermont Avenue presents a rare opportunity for an owner-user to acquire a newer construction, high-visibility commercial building with flexible retail, office, showroom, warehouse, and storage functionality in the heart of Central Los Angeles. Originally built in 1925, the property was substantially expanded and fully renovated in 2018. The property will be delivered vacant and consists of approximately 3,664 square feet across two levels on a fully secured 6,615 square foot lot with gated rear parking and dual access from both Vermont Avenue and W. 22nd Street.

The building was thoughtfully designed to accommodate a wide variety of commercial users. The ground floor consists of two distinct spaces, including a traditional storefront/showroom space fronting Vermont Avenue and a unique drive-through commercial bay featuring roll-up doors at both the front and rear of the building with approximately 10-foot clearance. This space can function as secured storage, warehouse area, showroom space, covered parking, or can remain open for direct drive-through access to the rear gated parking lot. The second floor is improved with a professional office buildout consisting of multiple private offices, conference room, reception area, kitchen/break area, storage, and open workspace.

Positioned immediately adjacent to the Santa Monica (10) Freeway with visibility to over 345,000 vehicles per day, the property offers exceptional branding and signage exposure in one of Los Angeles’ most centralized infill locations. The property provides immediate access to the 10 and 110 Freeways and is centrally located to Downtown Los Angeles, USC, Koreatown, West Adams, Mid-Wilshire, and South Los Angeles.

Additionally, the property is located within a State Enterprise Zone, which may provide qualifying businesses with potential tax incentives and employment-related benefits, further enhancing the appeal for owner-users and operating businesses.

Investment highlights

• SALE SUBJECT TO COURT CONFIRMATION AND OVERBID PROCESS. CONTACT BROKER FOR DETAILS

• Recently expanded and renovated in 2018 with modern systems, upgraded electrical, plumbing, and HVAC throughout

• Delivered vacant allowing immediate owner-user occupancy

• Flexible layout suitable for office, showroom, retail, warehouse, storage, medical, creative, and other commercial uses

• Ability for an owner-user to occupy the entire building or lease a portion for supplemental income

• Unique drive-through commercial bay with front and rear roll-up door access, approximately 10’ clearance, and flexible functionality for storage, loading, parking, or showroom space

• Fully built-out second floor office space with private offices, conference room, reception area, kitchen, storage, and open work areas

• Fully secured and gated site with eight on-site parking spaces and rear access from W. 22nd Street

• Exceptional visibility and signage opportunity adjacent to the 10 Freeway with exposure to over 345,000 vehicles per day

• Centrally located with immediate access to the 10 and 110 Freeways near DTLA, USC, Koreatown, Mid-Wilshire, and West Adams

Listing Contacts

AL
CA CA 01865688
The CREM Group
Listed by The CREM Group

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Additional Information

Name
Andrew Leff
License
CA 01865688
Brokerage Phone
(818) 939-4058
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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