CA > Los Angeles
Los Angeles, CA 90027,2041 N Vermont Ave
Los Angeles, CA 90027,2041 N Vermont Ave
Los Angeles, CA 90027,2041 N Vermont Ave
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Shawn Kormondy

Shawn Kormondy

+1(323) 638-7567
$9,500,000
Est. payment /mo
7 Beds
31 Baths
22,582 SqFt
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UPDATED:

06/17/2024 10:48 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 22,582 sqft

Price per Sqft $420

MLS Listing ID 22-191539

Style Normandy

Bedrooms 7

Year Built 1928

Lot Size 8,991 Sqft

Property Description

This exquisite 32-unit residential income property stands out with gorgeous French Normandy design and ornate, architectural details. Located along Vermont, just below the hills of Los Feliz, the Griffith Observatory and just blocks from Los Feliz Village- this location couldn't be better. The property features 32 units, consisting of 8 beautiful (1 bedroom, view units with French windows) including a non-conforming, "owner's" unit with a fireplace and 24 charming studios (separate kitchens, dining areas and walk-in closets, which gives them more of a spacious feel). Each unit has charming details offering arched doors and doorways and beamed ceilings. The total building size is 22,582 square feet per assessor. Los Feliz is a vibrant and exciting place to live with amazing cafes, restaurants, nightlife, world famous architecture and lots of hiking for outdoor enthusiasts. Centrally located close to Silver Lake, Hollywood and Downtown LA. Owning this incredible piece of history would be a once in a lifetime opportunity! Seller will consider a partial trade. Almost always 100% occupied, the owner has indicated that there is consistently a "waiting-list" to get into the building. Vacancies have historically been filled through "word-of-mouth". The views, character and charm of the units, elevator, large laundry room and the current owner's maintenance record, make this a most attractive building for tenants. Anticipated upside of the rents is approximately 35-40% of current rents.

Location

State CA

County Los Angeles

Area Los Feliz

Rooms

Other Rooms None

Interior

Heating Other

Cooling Other

Flooring Carpet, Wood

Equipment Other

Laundry Community

Exterior

Garage Other

View Y/N Yes

View Mountains, Other

Roof Type Composition

Building

Story 4

Sewer In Connected and Paid

Water Public

Architectural Style Normandy

Level or Stories Three Or More

Others

Special Listing Condition Standard

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TheMLS (CLAW)
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Listed by Berkshire Hathaway HomeServices California Propert

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Shawn Kormondy

+1(323) 638-7567

Agent | License ID: 01451888

Agent License ID: 01451888

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