4512 S Vermont Avenue, Los Angeles, California 90037, Los Angeles, 90037 - bed, bath
4512 S Vermont Avenue
Los Angeles, California 90037
Property Price
SUMMARY
Analysis of 4512 S Vermont Avenue, Los Angeles, California 90037 is currently available with a list price of $750,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is land value only, full reconstruction required.
The property was built in 1930, and the listing explicitly states it's an 'RTI development opportunity' with approved plans for a new multifamily project. One of the two existing buildings is 'boarded up,' indicating significant disrepair and likely requiring demolition. The interior images confirm a very dated and worn condition, with an old kitchen featuring basic, non-updated appliances and finishes, and worn carpet in the living area. The value of this property is clearly based on the land and its redevelopment potential, not the existing structures.
PROSSTRENGTHS & OPPORTUNITIES
- Ready-to-Issue (RTI) Development Opportunity
The property comes with approved plans and permits for a 14-unit, 1B/1B multifamily project, significantly de-risking and accelerating the development timeline for investors.
- High Development Potential
Explicitly marketed as a 'value-add investment with significant upside,' this property is ideal for developers looking to capitalize on Los Angeles's housing demand with a pre-approved project.
- Strategic Location for Development
Located with 'excellent visibility' and surrounded by both residential and commercial properties, the site is well-suited for a mixed-use or multifamily housing development.
CONSRISKS & DEFICIENCIES
- Poor Condition of Existing Structures
One of the two existing buildings is 'boarded up,' indicating significant disrepair and likely requiring demolition, which will add to the initial development costs.
- No Immediate Income Generation
As the property will be delivered vacant, there will be no rental income generated during the potentially lengthy development and construction phases.
- Specialized Buyer Pool
The property's primary appeal is to experienced developers due to its RTI status and the nature of the project, which may limit the overall pool of potential buyers.
About 4512 S Vermont Avenue
This mix-use property presents a rare RTI (Ready-to-Issue) development opportunity with approved plans and permits to develop a 14 unit all 1B/1B multifamily project, this property is perfect for developers seeking a value-add investment with significant upside. The lot currently includes two buildings, one of which is boarded up, and has an existing tenant (seller will deliver vacant as part of offering and asking price). The location offers excellent visibility and is surrounded by residential and commercial properties, making it ideal for mixed-use or multifamily housing. The tenant will be vacated before COE, and RTI delivered approved and ready at COE.
Property Details
Public Facts
- Property Type
- Mixed Use
- Year Built
- 1930
- Lot Size
- 5,252 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Dr. James Edward Jones Primary Center
Grades K-2 • 0.1 mi
Marguerite Poindexter Lamotte Elementary
Grades K-5 • 0.1 mi
Normandie Avenue Elementary School
Grades K-5 • 0.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 5,252 | 7,401 | 50% |
| Lot Size | 5,252 | 5,955.5 | 50% |
| Price | $750.0K | $1.62M | 50% |
| Price per sq ft | $143 | $202 | 50% |
| Built year | 1930 | 1927 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 316 | 288 | 0% |
Pricing History
Listed for Sale
Dec 30, 2025
$750,000
$800,000
-6% Price Drop
Initial Listing
Price Change
Nov 10, 2025
$800,000
$1,000,000
-20% Price Drop
Initial Listing
Price Change
Oct 21, 2025
$1,000,000
Initial Listing
Price Change
Apr 24, 2025
$1,200,000
Initial Listing
Sold
Nov 5, 2019
$400,000
Public Record