10106 Vermont Avenue, Los Angeles, California 90044, Los Angeles, 90044 - 0 bed, 0 bath
Loading property details...
Los Angeles, California 90044
This Mixed-Use Value-Add Asset is listed at $1,149,000, aligning with its $1,149,000 Fair Market Value to offer a stable entry point into a high-demand urban market. Comprising three commercial spaces and four residential units, the property provides a diversified income stream with significant potential to increase NOI through strategic repositioning. While the Condition Rating of 5 necessitates extensive renovation of outdated systems, the proximity to Downtown Los Angeles and the 9/10 rated Middle College High School ensures long-term appreciation. This is a strategic acquisition for Buy-and-Hold Investors or Developers seeking a high-upside project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10106 Vermont Avenue Subject | $1,149,000* List Price | 0 | 0 | 3,652 | $315 | - |
A 626 W Century Active | $1,324,900 List Price | 0 | 0 | 3,576 | $370 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
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 The listing explicitly states that 'extensive renovation' is required and highlights 'outdated systems, infrastructure, and aesthetics' as a weakness, along with 'potential for deferred maintenance.'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need for substantial modernization strongly indicate that these areas, along with major systems, would be in poor, outdated condition requiring significant rehabilitation and capital investment.
High School: Middle College High School (9/10).
The property features 7 units, including 3 street-level commercial spaces and 4 residential units, offering diversified income streams and enhanced stability for investors.
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.
Built in 1936, the property is quite old, suggesting a high likelihood of outdated systems, infrastructure, and aesthetics that will require significant capital investment for modernization.
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.
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.
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.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1936 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Jan 15, 2026
$1,149,000
Initial Listing
Aug 6, 1999
$130,000
Public Record