Income Home for Sale in Los Angeles, California

2041 N Vermont Avenue, Los Angeles, California 90027, US

$ 8,890,000

Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

  • Price: $ 8,890,000
  • MLS ID: 25549363
  • Property Type: Income Home
  • WEB ID: PR03261208
  • Property Status: Active
  • Lot Size: 8,994sqft

Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

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  • Price: $ 8,890,000
  • MLS ID: 25549363
  • Property Type: Income Home
  • WEB ID: PR03261208
  • Property Status: Active
  • Lot Size: 8,994sqft
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.

Additional Features

  • Wall Furnace
  • One
  • Hills
  • City Lights
  • Parking spaces: 0.00
  • Listing Status: Active
  • Listing Agent: Paloma Fierro (lic# 01386256) of Out of Area Board
  • Listing Office: Equity Union (lic# 01811831)
  • CO-Listing Agent: Lane Aronson (lic# 00681193) of Out of Area Board
  • CO-Listing Office: Berkshire Hathaway HomeServices California Properties (lic# 01317331)
  • Based on information from CRISNet MLS as of 1st August 2026 at 1:16pm. 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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