N
Seller's Agent in 2021
Neema Ahadian
Marcus & Millichap
(213) 943-1800
5 in this area
90 Total Sales
1923 S Vermont Ave Dockweiler, CA 90007
Pico-Union NeighborhoodEstimated Value: $2,088,796
0.24
Acre
$8,703,317
Price per Acre
10,456
Sq Ft Lot
About This Lot
As of October 20211917-1923 South Vermont Avenue in an owner-user, investment, or development opportunity in Pico Union one block southeast of W Washington Blvd adjacent to Downtown Los Angeles and situated just off the I-10 and I-110, a superb central location with convenient access to employment opportunities, education, shopping destinations, entertainment, nightlife, and public transportation. The site currently consists of two auto repair tenants and a small restaurant who are on month-to-month gross leases; current income is $119,432 annually. This investment opportunity is ideal for an owner-user to take over the automotive shop or restaurant while collecting income from leasing the other spaces or to takeover the entire property to operate a business. The subject property built in 1935 is currently zoned C2-2D-CPIO in a Tier 3 TOC on a 10,455 SF lot in a highly trafficked location.
Last Agent to Sell the Property
Marcus & Millichap License #01346750 Listed on: 03/23/2021
Property Details
Property Type
- Land
Lot Details
- 10,456 Sq Ft Lot
- Property is zoned C2-2D-CPIO in a Tier 3 TOC
Property Views
- City Views
Utilities
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 5075-036-028
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 23, 2021
Closed on
Sep 17, 2021
Sold by
Yb Real Estate Properties Iii Llc
Bought by
Javadi Family Trust and Javadi
Seller's Agent
Neema Ahadian
Marcus & Millichap
Buyer's Agent
Neema Ahadian
Marcus & Millichap
List Price
$2,500,000
Sold Price
$1,850,000
Premium/Discount to List
-$650,000
-26%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,796
Avg. Annual Appreciation
2.75%
Purchase Details
Closed on
Nov 18, 2015
Sold by
Botach Management Company
Bought by
Yb Real Estate Properties Iii Llc
Purchase Details
Closed on
Dec 8, 1994
Sold by
Javadi Family Trust and Javadi Shohreh B
Bought by
1923 Vermont Llc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Javadi Family Trust | $1,850,000 | Fidelity National Title | |
| Yb Real Estate Properties Iii Llc | $691,000 | Fnt | |
| 1923 Vermont Llc | -- | None Listed On Document |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/04/2021 10/04/21 | Sold | $1,850,000 | -26.0% | -- |
| 09/29/2021 09/29/21 | Pending | -- | -- | -- |
| 03/23/2021 03/23/21 | For Sale | $2,500,000 | -- | -- |
Source: The MLS
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $23,962 | $1,963,234 | $1,804,053 | $159,181 |
| 2024 | $23,962 | $1,924,740 | $1,768,680 | $156,060 |
| 2023 | $23,557 | $1,887,000 | $1,734,000 | $153,000 |
| 2022 | $22,433 | $1,850,000 | $1,700,000 | $150,000 |
| 2021 | $9,716 | $755,707 | $733,835 | $21,872 |
| 2019 | $9,442 | $733,294 | $712,070 | $21,224 |
| 2018 | $9,175 | $718,916 | $698,108 | $20,808 |
| 2016 | $6,842 | $556,138 | $556,138 | $0 |
| 2015 | $6,742 | $547,785 | $547,785 | $0 |
| 2014 | $6,765 | $537,055 | $537,055 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Neema Ahadian
Map
Source: The MLS
MLS Number: 21-709486
APN: 5075-036-028
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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