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1637 S Vermont Avenue, Los Angeles, CA 90006

Local realty services provided by:CENTURY 21 Sierra Properties
1637 S Vermont Avenue,Los Angeles, CA 90006
$2,499,000
  • 0.29 Acres
  • Lots / Land
  • Active
Listed by: elijah shin
Office: dream realty & investments inc
MLS#:CL26655419
Source:Bay East, CCAR, bridgeMLS

Price summary

  • Price:$2,499,000

About this home

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

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Home facts

  • Listing ID #:CL26655419
  • Added:1 day(s) ago
  • Updated:February 24, 2026 at 11:29 AM

Structure and exterior

  • Lot area:0.29 Acres

Finances and disclosures

  • Price:$2,499,000
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at February 24, 2026

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