$8,995,000
$105K PRICE DROP

2041 N Vermont Ave Los Angeles, CA 90027

Los Feliz Neighborhood

Estimated payment $57,911/month

Total Views 10,976
32 Beds
32 Baths
22,582 Sq Ft
$398 Price per Sq Ft

Highlights

  • City Lights View
  • Normandy Architecture
  • Laundry Room
  • John Marshall Senior High Rated A
  • Walk-In Closet

About This Home

This exquisite 32-unit residential income property stands out with gorgeous French Normandie design and ornate, architectural details. Located along Vermont, just below the hills of Los Feliz, the Griffith Observatory and just blocks from Los Feliz Village- this location couldn't be better. The property features 32 units, consisting of 8 beautiful (1 bedroom, view units with French windows) including a non-conforming, "owner's" unit with a fireplace and 24 charming studios (separate kitchens, dining areas and walk-in closets, which gives them more of a spacious feel). Each unit has charming details offering arched doors and doorways and beamed ceilings. The total building size is 22,582 square feet per assessor. Los Feliz is a vibrant and exciting place to live with amazing cafes, restaurants, nightlife, world famous architecture and lots of hiking for outdoor enthusiasts. Centrally located close to Silver Lake, Hollywood and Downtown LA. Owning this incredible piece of history would be a once in a lifetime opportunity! Seller will consider a partial trade. Almost always 100% occupied, the owner has indicated that there is consistently a "waiting-list" to get into the building. Vacancies have historically been filled through "word-of-mouth". The views, character and charm of the units, elevator, large laundry room and the current owner's maintenance record, make this a most attractive building for tenants. Anticipated upside of the rents is approximately 35-40% of current rents.

Listing Agent

Paloma Fierro

Equity Union License #01386256 Listed on: 06/06/2025

Equity Union

Co-Listing Agent

Lane Aronson

Berkshire Hathaway HomeServices California Properties License #00681193

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Property Views

  • City Lights
  • Hills

Home Design

  • 22,582 Sq Ft Home
  • Normandy Architecture

Bedrooms and Bathrooms

  • 32 Bedrooms
  • Walk-In Closet
  • 32 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window

Additional Features

  • Laundry Room
  • 8,994 Sq Ft Lot

Community Details

  • 32 Units
  • 30-Story Property

Listing and Financial Details

  • Assessor Parcel Number 5589-022-006

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Normandy
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 22582
  • Lot Acreage: 0.2065
  • Stories: 30
  • Year Built: 1928
  • Number Of Photos: 17
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 32
  • Common Walls: Attached
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 32.00
  • Den: 0
  • Price Per S Q F T: 398.33

Exterior Features

  • Other Structures: None
  • View: Hills, City Lights
  • View: Yes

Utilities

  • Cooling: Wall/Window, Window Unit(s)
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 41.46
  • Assessed Improvement Value: 1184821
  • Assessed Land Percent: 58.54
  • Assessed Land Value: 1672693
  • Total Assessed Value: 2857514
  • Assessor Parcel Number: 5589-022-006
  • Lot Size Area: 8994

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 12.23
  • Number Of Units: 32
  • Total Annual Expense: 300000
  • Type Of Units: Residential
  • Vacancy Rate: 0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2025 08/12/25 Price Changed $8,995,000 -1.2% $398 / Sq Ft
06/06/2025 06/06/25 For Sale $9,100,000 0.0% $403 / Sq Ft
10/08/2024 10/08/24 Off Market $2,100 -- --
09/03/2024 09/03/24 For Rent $2,100 -- --
Source: The MLS

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Source: The MLS

MLS Number: 25549363

The MLS
California Los Angeles County Los Angeles 90027 Los Feliz

2041 N Vermont Ave, Los Angeles, CA

This home is located at 2041 N Vermont Ave, Los Angeles, CA 90027 and is currently priced at $8,995,000, approximately $398 per square foot. This property was built in 1928. 2041 N Vermont Ave is a home located in Los Angeles County with nearby schools including Los Feliz STEMM Magnet, Thomas Starr King Middle School Film and Media Magnet, and John Marshall Senior High.

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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.
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Paloma Fierro
Listing Agent
Paloma Fierro
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Equity Union
(323) 365-6505