10106 Vermont Avenue, Los Angeles, California 90044, Los Angeles, 90044 - bed, bath
ACTIVE$1,149,000$3,652/sqft
10106 Vermont Avenue, Los Angeles, California 90044
0Bed
0Bath
3,652Sqft
5,642Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Great Schools: High School: Middle College High School (9/10).
Top Cons:
Age of Property: Built in 1936, the property is quite old, suggesting a high likelihood of outdated systems, infrastructure, and aesthetics that will require significant capital investment for modernization.
Compared to the nearby listings
Compared against 0 nearby listings
More Insights
Built in 1936 (90 years old).
Condition: The property was built in 1936, making it very old. The listing explicitly states that 'extensive renovation' is required and highlights 'outdated systems, infrastructure, and aesthetics' as a weakness, along with 'potential for deferred maintenance.' While no interior images are provided to assess kitchens and bathrooms directly, the overall age and the stated need for substantial modernization strongly indicate that these areas, along with major systems, would be in poor, outdated condition requiring significant rehabilitation and capital investment.
Year Built
1936
Close
-
List price
$1.15M
Original List price
$1.15M
Price/Sqft
$315
HOA
-
Days on market
-
Sold On
-
MLS number
DW26010259
Home ConditionPoor
Features
View-
About this home
Prime mixed-use opportunity near Downtown Los Angeles featuring 7 units, Including 3 street-level commercial spaces and 4 residential units. Excellent upside through repositioning, with renovations or rent optimization. Perfect for investors or upgrade clients seeking long term appreciation or anyone that are you looking to increase NOI and maximize returns in a growing urban market. High demand location that supports consistency occupancy.
R
Ruben Sariñana Jr
Listing Agent
Nearby schools
3/10
Ninety-Fifth Street Elementary School
Public,•K-5•0.4mi
5/10
Woodcrest Elementary School
Public,•K-5•0.6mi
4/10
Charles W. Barrett Elementary School
Public,•K-5•0.6mi
5/10
Figueroa Street Elementary School
Public,•K-5•0.8mi
4/10
Manchester Avenue Elementary School
Public,•1-6•1.0mi
/10
Danny J. Bakewell, Sr., Primary Center
Public,•K•1.0mi
2/10
Dr. Owen Lloyd Knox Elementary School
Public,•K-6•1.2mi
3/10
West Athens Elementary School
Public,•K-5•1.3mi
5/10
One Hundred Eighteenth Street School
Public,•K-5•1.6mi
2/10
Bret Harte Preparatory Middle School
Public,•6-8•0.6mi
2/10
Samuel Gompers Middle School
Public,•6-8•1.1mi
2/10
Mary Mcleod Bethune Middle School
Public,•6-8•2.5mi
3/10
John C. Fremont Senior High School
Public,•9-12•2.2mi
9/10
Middle College High School
Public,•9-12•2.8mi
Price History
Date
Event
Price
08/06/99
Sold
$130,000
Condition Rating
Poor
The property was built in 1936, making it very old. The listing explicitly states that 'extensive renovation' is required and highlights 'outdated systems, infrastructure, and aesthetics' as a weakness, along with 'potential for deferred maintenance.' While no interior images are provided to assess kitchens and bathrooms directly, the overall age and the stated need for substantial modernization strongly indicate that these areas, along with major systems, would be in poor, outdated condition requiring significant rehabilitation and capital investment.
Pros & Cons
Pros
Great Schools: High School: Middle College High School (9/10).
Mixed-Use Income Stream: The property features 7 units, including 3 street-level commercial spaces and 4 residential units, offering diversified income streams and enhanced stability for investors.
Significant Upside Potential: Explicitly noted for 'excellent upside through repositioning, with renovations or rent optimization,' indicating strong potential for increasing Net Operating Income (NOI) and long-term appreciation.
Prime Urban Location: Situated in a 'high demand location' near Downtown Los Angeles, ensuring consistent occupancy and strong tenant interest for both commercial and residential units.
Investor-Centric Opportunity: Ideal for 'investors or upgrade clients' seeking to maximize returns in a growing urban market, aligning with strategic investment goals.
Generous Lot Size: A substantial 5,642 sqft lot in an urban setting provides potential for future expansion, redevelopment, or enhanced outdoor amenities, adding to its long-term value.
Cons
Age of Property: Built in 1936, the property is quite old, suggesting a high likelihood of outdated systems, infrastructure, and aesthetics that will require significant capital investment for modernization.
Extensive Renovation Required: The description implies that substantial 'renovations' and 'repositioning' are necessary to unlock its full potential, indicating it is not a turn-key investment and will demand considerable effort and capital.
Potential for Deferred Maintenance: Given its age and the need for renovations, there is a strong possibility of existing deferred maintenance issues that could lead to unexpected and significant repair costs for a new owner.