9811 S Vermont, Los Angeles, California 90044, Los Angeles, 90044 - 2 bed, 1 bath
Loading property details...
9811 S Vermont
Los Angeles, California 90044
ACTIVE
CONDITION: TEAR DOWN
2Beds
1Baths
896Sq Ft
4,755Lot Size
Property Price
LIST PRICE$485,000
EST. MARKET VALUE
$427,404
13% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $485,000—positioned well below the $427,405 Fair Market Value by -13%. Featuring Versatile C3 Zoning and Dual Access Points, this asset offers significant development upside for up to 6 units. Given the Poor Condition Rating of the existing 1924 structure, the property is strictly a land-value play. This is a strategic acquisition ideal for Buy-and-Hold Investors or Commercial Developers seeking to maximize density in a high-demand Los Angeles corridor.
Estimated Market Value
$427,404
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9811 S Vermont Subject | $485,000* List Price | 2 | 1 | 896 | $477 | - |
A 1253 W 101st Sold | $490,000 | 3 | 1 | 1,015 | $483 | 0.4 mi |
B 533 W 95th Street Sold | $600,000 | 3 | 1 | 1,221 | $491 | 0.5 mi |
C 1125 W 99th Street Sold | $470,000 | 2 | 1 | 1,212 | $388 | 0.1 mi |
D 10958 S Budlong Sold | $525,000 | 2 | 1 | 922 | $569 | 0.7 mi |
E 1324 W 101st Sold | $510,000 | 3 | 2 | 1,208 | $422 | 0.4 mi |
F 540 W 93rd Sold | $540,000 | 3 | 1 | 1,250 | $432 | 0.6 mi |
G 1145 W 89th Street Sold | $575,000 | 2 | 1 | 1,100 | $523 | 0.8 mi |
H 818 W 104th Active | $509,999 List Price | 3 | 1 | 1,025 | $498 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Tear down
TeardownExcellent
Property is land value only, full reconstruction required.
Built in 1924 and explicitly marketed for land value only. The interior is in unlivable condition with significant debris, potential structural/moisture damage, and completely outdated, non-functional systems and fixtures.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile C3 Zoning
The rare C3 zoning allows for both commercial and residential use, providing investors with exceptional flexibility to develop multi-unit housing or a commercial business.
- High Development Potential
The property offers significant upside with tentative approval for 6 units by right, plus additional potential for low-income density bonuses and ADU construction.
- Dual Access Points
Featuring both street and convenient alley access, the flat level lot provides superior site logistics and design options for future development projects.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4755, other record lot size in square feet = 4697.
- Poor Structural Condition
The existing 1924 residence is in disrepair and sold for land value only, requiring a complete teardown or a total renovation to be functional.
- Strict As-Is Sale
The property is sold with no warranties or representations, placing the full burden of investigation and potential remediation costs on the buyer.
About 9811 S Vermont
!!!!!!!!!!!!!!Great opportunity to own a rare flat level lot zoned C3 for commercial or residential use. Although sold for land value only, there is an existing vacant home on the property, but needs a lot of work. Seller has tentative verbal approval for 6 units development allowed by right along with a 24-hour post office box business with a great income potential with very limited competition. Repurpose the property as desired or use it as-is. With new codes, it should allow for both residential and commercial development with a potential for residential low-income bonus development and ADU's. Property has both street access and convenient alley access for more development choices and opportunities. Property is located in County of Los Angeles. Property SOLD in its present condition and "AS IS", with no warranties of any kind or representations made regarding the property whatsoever. Buyer to conduct their own independent investigations. INVESTORS DELIGHT INCREDIBLE DEAL. MAKE IT PART OF YOUR PORTFOLIO!!!!!!!!!!!!!!!!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1924
- Lot Size
- 4,755 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
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 |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 896 | 1,664.159 |
| Lot Size | 4,755 | 6,066.556 |
| Price | $485.0K | $1.35M |
| Price per sq ft | $541 | $806 |
| Built year | 1924 | 1939 |
| HOA | $0 | $278 |
| Days on market | 33 | 55 |
Pricing History
Listed for Sale
Aug 7, 2026
$485,000
Initial Listing