1514 S VERMONT AVE Los Angeles CA 90006

Marcus & Millichap is pleased to present the exclusive listing for 1514 S.​ Vermont Avenue, a highly coveted 11-unit retail strip center situated at the premier signalized intersection of Vermont Avenue and Venice Boulevard.​ Built in 1988, this stable asset features an 11,715 SF building on a spacious 0.51-acre lot.​ Anchored by national credit tenant H&R Block, the property offers immediate, secure cash flow with premium infill logistics, representing a prime "covered land play" with exceptional long-term, high-density redevelopment potential.​

The property occupies a premium, highly visible signalized hard corner that captures massive daily vehicular and pedestrian traffic at the intersection of Vermont Avenue and Venice Boulevard.​ This high-exposure position is anchored by H&R Block, providing investors with strong credit stability, predictable cash flow, and consistent institutional foot traffic.​ Beyond its strong tenancy, the physical layout offers maximum functionality.​ The 11,715-square-foot building is divided into 11 highly efficient retail bays and one income-generating billboard tenant.​ The entire operation is supported by a generous 0.51-acre lot that provides ample dedicated parking—a rare and highly valuable commodity in high-density Los Angeles.​ Logistically, the asset boasts unmatched regional accessibility due to its strategic proximity to the I-10 (Santa Monica Freeway), US-101 (Hollywood Freeway), and CA-110 (Harbor Freeway).​ This central location offers effortless, multi-directional access to Downtown Los Angeles, Hollywood, and the greater Westside markets.​

The property is positioned within a hyper-dense, culturally vibrant trade area that features a robust, built-in consumer base alongside a steady influx of upwardly mobile professionals.​ Because half-acre parcels along major Los Angeles transit corridors are rarely available, this location offers an exceptional dual-phase investment strategy.​ Owners can collect dependable, stabilized retail income today while exploring future high-density mixed-use or multifamily redevelopment.​ 1514 S.​ Vermont is a low-risk, high-upside asset combining stabilized retail cash flow from a national anchor with long-term, transit-oriented development potential.​ It perfectly serves the dual-mandate investor looking for immediate yield defensive positioning alongside a massive future urban land play.​

• Irreplaceable Signalized Corner Location: Commanding presence on a 0.51-acre lot at the highly trafficked intersection of Vermont Avenue and Venice Boulevard
• National Credit Anchor Tenant: Anchored by household brand H&R Block, ensuring institutional-grade lease stability and steady daily foot traffic
• Fully Stabilized Income Stream: The 11,715 SF center features 11 highly functional retail bays, maintaining consistent occupancy and diversified tenant risk
• Unrivaled Regional Freeway Access: Strategic mid-city positioning provides immediate, effortless connections to the I-10, US-101, and CA-110 Freeways
• A generous half-acre parcel offers ample dedicated on-site parking—an exceptionally scarce asset in the Koreatown submarket
• Rare opportunity to collect dependable commercial cash flow today while leveraging a prime urban footprint for future high-density redevelopment