Active
2041 N Vermont Ave
Los Angeles CA, 90027
$9,500,000
$420.69 per sqft
Active
7 Beds
31 Baths
22,582 sqft
Multi-family
Built in 1928
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.
22-191539
MLSⓇ ID
August 22, 2022
Listed
November 22, 2024
Updated
Map
2041 N Vermont Ave
Los Angeles CA, 90027
Interior Features
Total Stories
4
Bedrooms
7
Total Bathrooms
31
Appliances
Other
Laundry Description
Community
Floor Description
Carpet, Wood
Fireplace
No
Cooling
Yes
Cooling Description
Other
Heating
Yes
Heating Description
Other
Exterior/Building Features
Lot Size
0.21 Acres
Architectual Style
Normandy
Roof
Composition
Sewer
In Connected and Paid
Other Property Details
Area Name
Los Feliz
Days on Market
613
Garage
No
Parking
Other
Parking Total
0
View
Yes
View Description
Mountains, Other
County
Los Angeles
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
---|---|---|
2/26/2024 | Price change | $9,500,000 -5% |
1/8/2024 | Price change | $9,975,000 -3% |
11/28/2023 | Price change | $10,250,000 -3% |
Listed by Lane Aronson with Berkshire Hathaway HomeServices California Propert
Listing Contact: 323-854-7918
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Chris Pickett shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 11/22/2024