We are pleased to present this vacant retail offering at 8938 Vermont Ave in South Los Angeles. The building was built in 1932 and consists of 4,240 square feet of gross leasable area. The open floor plan lends itself to a variety of uses and creates flexibility for a future investor or owner-user who is interested in utilizing the space for their own use. The bow truss construction offers high ceiling height, with ample natural light from sky lights throughout the property. The building sits on a 5,147 square foot lot that is zoned LAC2. The prominent 40 feet of frontage along Vermont Ave would provide excellent visibility for a future business or tenant. The property also features a unique sign on top of the building creating a unique and artistic building façade.
The property is located on Vermont Ave, a major thoroughfare, between Manchester and Century. It sits in close proximity to the 110 Freeway, providing excellent access to Downtown Los Angeles and other major business hubs. The subject property is just a short distance from the new Sofi statdium, a 70,000 sports and entertainment arena. The stadium draws substantial crowds from all over the world and is set to transform the surrounding area. Other major developments such as the Hollywood Park Casino will be sure to continue the momentum in the area. The development will include 2,500 homes, 900,000 square feet of office and 890,000 square of retail along with a 300 room hotel.