Property Detail

Description

Welcome to 11825 S Vermont Ave. This well-maintained triplex in West Athens offers exceptional value and opportunity for investors, first-time home-buyers, and developers. Three spacious units across 2,976 sq ft of livable space: unit A is 3 bed 1 bath; unit B is 2 bed 1 bath; unit C is 2 bed 1 bath. Units A and C are rented to long-term tenants at market rates. Unit B is vacant and freshly renovated with LVP floors, quartz countertops, and vinyl windows. The 6,751 sq ft lot includes a 6-car carport with ADU conversion potential. Major upgrades have been made to the plumbing/sewer line, paved exterior areas, carport, and unit interiors. The property is conveniently located one block from the Vermont/Athens Metro station, and near schools, shopping, entertainment, and more. Zoned for Mixed Use under the Connect Southwest LA Specific Plan, which allows for commercial and residential development possibilities. This property is ideal for investors seeking an outstanding 7.4% CAP rate from day one, first-time home-buyers to live in the vacant unit, or developers considering future repositioning.