7601 S Vermont Ave, Los Angeles, CA 90044

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Building Details:

• Year Built: 1987

7601 S Vermont Ave is aretail property located in Los Angeles, CA. The property currently has 1 retail space for lease and is marketed by .

The Property is located in the Vermont Vista neighborhood, an area that was built in the 1930s located near Westmont. Vermont is one of the major corridors for travel and commerce in this area providing excellent visibility for the laundromat. The Property is near three other major corridors (1 mile east of Western Avenue, 3/4th of a mile north of Manchester Avenue, and a 1/4th mile south of Florence Avenue) and two blocks west of the southbound on-ramp of the 405 freeway.

This is a densely populated area with a 40/60 mix of single-family to apartment zoning. The high-density plus the older housing stock creates a consistent and strong demand for off-site laundry. Due to the recent surge in value in the surrounding neighborhoods
such as Inglewood, Leimert Park, and the Crenshaw District this area is experiencing strong residential demand for additional housing which will continue to support demand for this property's use.

• Available Spaces

Suite	Space Type	Pricing	Size
---	Retail Space	For lease: Negotiable
This opportunity is for laundry operators looking to own not only the business but the real estate as well. This could be the perfect scenario for the value-add investor seeking both a higher return than most Los Angeles real estate investments and a greater amount of depreciation via cost segregation (seek council from CPA on all tax matters). This opportunity has already been reviewed by the leading Southern California SBA Certified Development Company (a nonprofit corporation that promotes economic development within its community through SBA 504 Loans for real estate and equipment). Subject to buyer qualifications and appraisal, the property is well suited for its program. For the value-add investor, other debt options have been proactively explored.  « show less This opportunity is for laundry operators looking to own not only the business but the real estate as well. This could be the perfect scenario...  show more » View Details This opportunity is for laundry operators looking to own not only the business but the real estate as well. This could be the perfect scenario for the value-add investor seeking both a higher return than most Los Angeles real estate investments and a greater amount of depreciation via cost segregation (seek council from CPA on all tax matters). This opportunity has already been reviewed by the leading Southern California SBA Certified Development Company (a nonprofit corporation that promotes economic development within its community through SBA 504 Loans for real estate and equipment). Subject to buyer qualifications and appraisal, the property is well suited for its program. For the value-add investor, other debt options have been proactively explored. Pricing: Negotiable Availability: Now Listing ID: 3159274 Save to list