4512 S Vermont Avenue, Los Angeles, California 90037, Los Angeles, 90037 - 0 bed, 0 bath
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Los Angeles, California 90037
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.
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.
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.
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.
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.
One of the two existing buildings is 'boarded up,' indicating significant disrepair and likely requiring demolition, which will add to the initial development costs.
As the property will be delivered vacant, there will be no rental income generated during the potentially lengthy development and construction phases.
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.
Value-Add Property - Single Family Fixer and Vacant Store Front This mix-use 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).
No exterior & parking available.
Grades K-2 • 0.1 mi
Grades K-5 • 0.1 mi
Grades K-5 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 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 | 363 | 335 | 0% |
Mar 12, 2026
$750,000
$800,000
-6% Price Drop
Initial Listing
Mar 11, 2026
$800,000
$950,000
-16% Price Drop
Initial Listing
Mar 7, 2026
$950,000
$750,000
+27% Price Increase
Initial Listing
Dec 30, 2025
$750,000
$800,000
-6% Price Drop
Initial Listing
Nov 10, 2025
$800,000
$1,000,000
-20% Price Drop
Initial Listing
Oct 21, 2025
$1,000,000
Initial Listing
Apr 24, 2025
$1,200,000
Initial Listing
Nov 5, 2019
$400,000
Public Record