NOT LISTED FOR SALE

1923 S Vermont Ave Dockweiler, CA 90007

Pico-Union Neighborhood

Estimated Value: $2,089,657

0.24 Acres
$8,706,904 Price per Acre
10,456 Sq Ft Lot

Sale Details

Date Sold: October 4, 2021

Last sale price $1,850,000

Est. 13% increase in value since last sale

Current estimated payment $13,284 / mo

190 Days on Market

About This Lot

As of October 2021

1917-1923 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

Neema Ahadian

Marcus & Millichap License #01346750 Listed on: 03/23/2021

Last Buyer's Agent

Neema Ahadian

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

Property Details

Property Type

Land

Lot Details

10,456 Sq Ft Lot

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.2400
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: City
  • View: Yes

Utilities

  • Cable: Yes
  • Telephone: Yes

Lot Info

  • Assessor Parcel Number: 5075-036-028
  • Lot Size Area: 10456

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2021
Closed on
Sep 17, 2021
Sold by
Bought by
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
$2,089,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,657
Avg. Annual Appreciation
2.61%

Purchase Details

Closed on
Nov 18, 2015
Sold by
Bought by

Purchase Details

Closed on
Dec 8, 1994
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,850,000 Fidelity National Title
$691,000 Fnt
-- None Listed On Document
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $24,244 $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

  • N

    Seller's Agent in 2021

    Neema Ahadian

    Marcus & Millichap

    (213) 943-1800

    5 in this area

    87 Total Sales

    Neema Ahadian
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Map

Source: The MLS

MLS Number: 21-709486

The MLS

APN: 5075-036-028

California Los Angeles County 90007 Pico-Union

1923 S Vermont Ave, CA

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The MLS © 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.
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