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8636 S Vermont Ave, Los Angeles, CA 90044
$245,000
8636 S Vermont Ave, Los Angeles, CA 90044View this property at 8636 S Vermont Ave, Los Angeles, CA 90044
8636 S Vermont AveLos AngelesCA90044
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Property Description
ANOTHER HUGE PRICE REDUCTION! Priced way below appraised value. Owner wants it sold yesterday. Owner will now consider carrying paper with 50% down with interest only payments at 7.5% due in 5 years OAC. Lot cleared of all debris. Rare opportunity to own a level vacant commercial zoned lot in central Los Angeles ready for development. New codes should allow for both residential and commercial development with potential for residential bonus developments. Easy to build-out with all utilities in place. Both street access and convenient alley access for more development choices and opportunities. Completely fenced, locked, and secure. Property may also be suitable for a small lot subdivision, multi-family residential, single-family dwelling, commercial and/or residential condominium project in addition to a commercial and residential development by right. In addition, it may possibly be used for parking for adjacent businesses and churches or to generate parking income related thereto. Get creative to maximize potentials for this easily affordable lot. Check with your architect and/or the city to find out all the different development opportunities for the property. Trust owned so no information is known about the property. Buyer to conduct their own independent investigations. Property is ready for escrow and immediate close as no court confirmation is needed whatsoever. Priced right for a quick sale of a unique lot with many opportunities.
Full Property Details
Full Property Details for 8636 S Vermont Ave
General
- Sold For: $245,000
- Status: Closed
- Type: Lots/Land
- MLS ID: 24-342606
- Added to Site: 135 day(s) ago
Location
- Area: Metropolitan Southwest
- County: Los Angeles
- Driving Directions: South of Manchester and west of the 110 freeway.
Utilities
- Gas: In Street
- Sewer: In Street
- Water: District
- Telecomm.: In Street
Lot Features
- Lot Size (Acres): 0.0689
- Lot Size: 3000
- Lot Size Source: Other
- Lot Dimensions: 25 x 120
- Topography: Flat
- Lot Features: Alley Access
- Present Use: Vacant
- Potential Use: Residential and/or Commercial
- Zoning: LAC2
- Lot Description: Alley Paved, Curbs, Gutters, Fenced
Financial Considerations
- Assessment Amount: Buyer to Verify
Disclosures and Reports
- Disclosures/Reports: As Is
- APN: 6038-010-017
Listed and Sold by David Bond, David Bond
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Schools
Schools serving 8636 S Vermont Ave
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
Danny J. Bakewell Sr. Primary Center
8621 Baring Cross St, Los Angeles, CA 90044 | K-K | 0.1 mi | |
661 W 87th St, Los Angeles, CA 90044 | 1-6 | 0.3 mi | |
9301 S Hoover St, Los Angeles, CA 90044 | 6-8 | 0.6 mi | |
8800 S San Pedro St, Los Angeles, CA 90003 | 9-12 | 1.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8636 S Vermont Ave
Date
Details
Price
Change
Source
4/16/2024
Sold
$245,000
-1.98%
MLS
2/01/2024
Price Reduced
$249,950
-16.67%
MLS
1/11/2024
Price Reduced
$299,950
-14.29%
MLS
1/02/2024
Listed
$349,950
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8636 S Vermont Ave, Los Angeles, CA 90044 (MLS# 24-342606) is a Lots/Land property that was sold at $245,000 on April 16, 2024. Want to learn more about 8636 S Vermont Ave? Do you have questions about finding other Lots/Land real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.