811 S Vermont, Los Angeles, California 90005, Los Angeles, 90005 - bed, bath
811 S Vermont
Los Angeles, California 90005
Property Price
SUMMARY
Analysis of 811 S Vermont, Los Angeles, California 90005 is currently available with a list price of $1,750,000. 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 listing explicitly states the existing building is 'uninhabitable' and 'ideal for a full teardown, complete rebuild.' Built in 1914, the property is well over 50 years old, and its current condition indicates it is unlivable and beyond repair, with value based solely on the land for redevelopment.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Koreatown Location
Strategically located on busy S Vermont Ave in Prime Koreatown, offering excellent visibility and proximity to transit, retail, restaurants, and major employment hubs in a high-demand urban area.
- Significant Redevelopment Opportunity
Presents an ideal opportunity for a full teardown and complete rebuild, perfectly positioned for multifamily redevelopment to capitalize on the strong demand in the area.
- Ample On-Site Parking
Includes a spacious parking area with capacity for up to 11 cars, a substantial and highly valuable asset in a dense urban environment like Koreatown.
CONSRISKS & DEFICIENCIES
- Uninhabitable Existing Structure
The current building is uninhabitable, necessitating a complete demolition and rebuild, which adds significant initial costs and extends project timelines.
- Substantial Capital Investment Required
A full teardown and ground-up rebuild project demands considerable financial resources for construction, permits, and associated development expenses.
- Development Project Complexity
Requires navigating the complexities of a ground-up development, including extensive permitting, construction management, and potential unforeseen challenges inherent in large-scale projects.
About 811 S Vermont
Excellent vacant 4-unit development opportunity in the Prime Koreatown. The existing building is uninhabitable and ideal for a full teardown, complete rebuild. The property includes a spacious parking area with space for up to 11 cars, an advantage in this dense corridor. Located on busy S Vermont Ave, the site offers great visibility, frontage, and is well-positioned for multifamily redevelopment. Close to transit, retail, restaurants, and major employment hubs. Ideal for developers and investors looking for a rebuild project.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1914
- Lot Size
- 7,241 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| 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 | 1914 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Pricing History
Listed for Sale
Jan 12, 2026
$1,750,000
Initial Listing
Sold
Apr 26, 2023
$1,950,000
Public Record