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1637 S Vermont Avenue

Los Angeles, CA 90006
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SqFt12,754

Sqft(Lot)

Prime C2-2 Commercial Zoned vacant lot (12,750sf) with max building envelope of (57,461sf) 6 floor structure, located in a highly active and densely populated area of Los Angeles, offering a compelling opportunity for developing 71 units with MIIP (Mixed Income) or 93 units with AHIP (Affordable Housing) Incentinve Programs. C2 zoning in Los Angeles permits a wide range of uses, including retail, restaurants, offices, and is often favorable for mixed-use developments (commercial on the ground floor with residential units above) in urban corridors. Strategic Location as its situated along a busy stretch of Vermont Avenue between Venice Boulevard and Washington Boulevard. This location benefits from significant vehicular and pedestrian traffic. The area is directly influenced by the vibrant Koreatown communities and offers close proximity to Downtown Los Angeles, positioning it within a dynamic urban center experiencing continuous growth and demand for both commercial and residential space in a desirable location within an active and developing corridor.

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Detail Ic Property Details

Property Type : Land

Price : $2,499,000

AD Id : 75566066

MLS Id : 26655419

Lot Size : 12,754 Sqft(Lot)

County : Los Angeles

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Feature Features

  • Bathroom Information

    Total Baths: 0 Full Baths: 0 Half Baths: 0

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.2928
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 12754

  • Listing Price Information

    Original List Price: 2,499,000 Listing Contract Date: 2026-02-23
  • Lease Information

    Listing Agreement: Seller Reserved

  • Tax Information

    Parcel Number: 5075016027

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C16 - Mid Los Angeles Postal Code Plus 4: 4521 Directions: On Vermont North of Washington and South of Venice Zoning: LAC2 Source Property Type: Land Area: C16 - Mid Los Angeles
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
924 Park View Street S, Los Angeles, CA, 90006 $6,500,000 -- -- -- 15,001 Sqft(Lot)
1833 W Pico Boulevard, Los Angeles, CA, 90006 $1,088,000 -- -- -- 6,247 Sqft(Lot)
1250 S Lake Street, Los Angeles, CA, 90006 $700,000 -- -- -- 8,699 Sqft(Lot)
1511 S New Hampshire, Los Angeles, CA, 90006 $1,185,000 -- -- -- 6,290 Sqft(Lot)
1121 Irolo Street, Los Angeles, CA, 90006 $999,000 -- -- -- 5,905 Sqft(Lot)
1125 Irolo Street, Los Angeles, CA, 90006 $1,099,000 -- -- -- 5,905 Sqft(Lot)

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ByOwner last updated this listing 06/21/2026 @ 18:31

MLS: 26655419 LISTED BY: Elijah Shin, Dream Realty & Investments Inc 213-380-8949 SOURCE: CRMLS

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