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Lot/land
  • $2,499,000

    1637 S Vermont Ave, Los Angeles, CA 90006

    --beds
    --baths
    0.29Acres
    Unimproved Land
    Built in ----
    0.29 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Prime C2-2 Commercial Zoned vacant lot (12,750sf) with max building envelope of (57,461sf) 6 floor structure, located in a highly active and densely populated area of Los Angeles, offering a compelling opportunity for developing 71 units with MIIP (Mixed Income) or 93 units with AHIP (Affordable Housing) Incentinve Programs. C2 zoning in Los Angeles permits a wide range of uses, including retail, restaurants, offices, and is often favorable for mixed-use developments (commercial on the ground floor with residential units above) in urban corridors. Strategic Location as its situated along a busy stretch of Vermont Avenue between Venice Boulevard and Washington Boulevard. This location benefits from significant vehicular and pedestrian traffic. The area is directly influenced by the vibrant Koreatown communities and offers close proximity to Downtown Los Angeles, positioning it within a dynamic urban center experiencing continuous growth and demand for both commercial and residential space in a desirable location within an active and developing corridor.
    160 days
    |
    35
    |
    2
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Elijah Shin DRE # 01358906 213-550-9009,

    Dream Realty & Investments Inc 213-380-8949,

    Sung Oh DRE # 01884497 213-281-1597,

    Real Estate eBroker Inc.

    Source: CLAW,MLS#: 26655419MLS Logo

      Facts & features

      Property

      Features
      • Has view: Yes
      • View description: City
      Lot
      • Size: 0.29 Acres
      Details
      • Parcel number: 5075016027
      • Zoning: LAC2
      • Special conditions: Standard

      Community & HOA

      Location
      • Region: Los Angeles

      Financial & listing details

      • Tax assessed value: $2,104,982
      • Annual tax amount: $25,367
      • Date on market: 2/23/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,919/mo

        Price history

        DateEventPrice
        2/24/2026Listed for sale$2,499,000-3.9%
        Source: CLAW #26655419 Report a problem
        1/30/2026Listing removed$2,600,000
        Source: CLAW #25513423 Report a problem
        3/19/2025Listed for sale$2,600,000-3.3%
        Source: CLAW #25513423 Report a problem
        9/25/2024Listing removed$2,690,000
        Source: CLAW #24-440665 Report a problem
        9/17/2024Listed for sale$2,690,000+3.5%
        Source: CLAW #24-440665 Report a problem
        7/1/2024Listing removed--
        Source: CLAW #22-167078 Report a problem
        12/31/2023Price change$2,600,000-21%
        Source: CLAW #22-167078 Report a problem
        1/24/2023Listed for sale$3,290,000
        Source: CLAW #22-167078 Report a problem
        1/1/2023Listing removed--
        Source: CLAW #22-167078 Report a problem
        6/13/2022Listed for sale$3,290,000-17.5%
        Source: CLAW #22-167078 Report a problem
        1/20/2021Listing removed--
        Source: CLAW Report a problem
        2/12/2020Listed for sale$3,990,000+115.7%
        Source: New Star Realty #20553484 Report a problem
        11/3/2017Sold$1,850,000+33.1%
        Source: Public Record Report a problem
        7/13/2015Listing removed$1,390,000
        Source: RE/MAX TRI-CITY REALTY #314034162 Report a problem
        6/23/2015Price change$1,390,000-10.3%
        Source: RE/MAX TRI-CITY REALTY #314034162 Report a problem
        4/25/2015Price change$1,550,000+14.8%
        Source: RE/MAX TRI-CITY REALTY #314034162 Report a problem
        4/8/2015Price change$1,350,000-10%
        Source: RE/MAX TRI-CITY REALTY #314034162 Report a problem
        3/5/2015Price change$1,500,000-14.3%
        Source: RE/MAX TRI-CITY REALTY #314034162 Report a problem
        1/4/2015Listed for sale$1,750,000-20.5%
        Source: RE/MAX TRI-CITY REALTY #314034162 Report a problem
        10/10/2014Listing removed$2,200,000
        Source: New Star Realty & Investment #PW14097520 Report a problem
        5/12/2014Listed for sale$2,200,000+576.9%
        Source: New Star Realty & Investment #PW14097520 Report a problem
        6/30/2003Sold$325,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$25,367 +0.6%$2,104,982 +2%
        2024$25,208 +2%$2,063,708 +2%
        2023$24,721 +4.9%$2,023,244 +2%
        2022$23,574 +1.1%$1,983,573 +2%
        2021$23,306 -1%$1,944,680 +1%
        2020$23,550 $1,924,740 +2%
        2019$23,550 +4.7%$1,887,000 +2%
        2018$22,485 $1,850,000 +356.1%
        2017$22,485 +332.6%$405,572 +2%
        2016$5,197 +2%$397,620 +1.5%
        2015$5,098 +1%$391,648 +2%
        2014$5,045 $383,977 +2.5%
        2012-- $374,748 +2%
        2011-- $367,400 +0.8%
        2010-- $364,655 -0.2%
        2009-- $365,522 +2%
        2008-- $358,355 +2%
        2007-- $351,329 +2%
        2006-- $344,441
        2005-- $344,441 +4%
        2004-- $331,067 +507.5%
        2003-- $54,494 +2%
        2002-- $53,426 +4%
        2000-- $51,352
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Harvard Heights

        Getting around

        88 / 100
        Very Walkable
        67 / 100
        Good Transit
        67 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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