2 years on rocket

2041 N Vermont Ave, Los Angeles, CA, 90027

$9,500,000

7 Bedrooms
31 Baths
22,582 SqFt
$421/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
Year Built1928
ViewMountain(s)
MLS #22191539
Lot Size0.21 Acres
StatusActive

About 2041 N Vermont Ave

This exquisite 32-unit residential income property stands out with gorgeous French Normandy 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.

Property Details

Property Features

Property Information:

  • Year Built: 1928
  • Stories: 4
  • Living Area: 22,582 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices California Properties
  • Office Phone: (626) 440-5100
  • Listing Agent: Lane Aronson

Interior Features

Interior Information:

  • Flooring Type: Carpet, Wood

Bedroom and Bathroom Information:

  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • View: Mountain(s)

Lot Features

Lot Information:

  • Lot Size: 0.21 Acres

Other

Directions Information:

  • Directions: South of Los Feliz Bl

Price Information

Listing Price Info

Price Summary:

  • List Price: $9,500,000
  • Price Per SqFt: $421/SqFt

Tax Information:

  • Annual Amount: $34,224
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

2041 N Vermont Ave vs Los Angeles

823 DAYS ON ROCKET

+785 Days

$9,500,000

+$8.4M More

$421/SqFt

-$220 Less

KEY TAKEAWAY

This property is $8.4M more than the Median Sold Price and $220/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #22191539

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices California Properties
  • Office Phone: (626) 440-5100
  • Listing Agent: Lane Aronson

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 6:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$34,224$2,696,163
2020$33,240$2,665,093
2019$33,138$2,612,837
2018$32,405$2,561,606
2017$32,405$2,511,379

History based on county public records data.

Payment Calculator

$47.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$28.5K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-830380
7
/10
  • Los Feliz STEMM Magnet School

  • 1740 N New Hampshire Ave

  • 0.42 miles

  • Public Magnet Grades KG-6

school-card-donut-830381
7
/10
  • Franklin Avenue Elementary

  • 1910 N Commonwealth Ave

  • 0.45 miles

  • Public District Grades KG-5

school-card-donut-830382
3
/10
  • Ramona Elementary

  • 1133 N Mariposa Ave

  • 1.28 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $72,635. Residents of Los Angeles, CA typically earn less than $35k each year. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2041 N Vermont Ave

What is the listing price of this property?

The listing price of 2041 N Vermont Ave property is $9,500,000.

What type of property is this?

The property 2041 N Vermont Ave is a house located in Los Angeles, California, 90027.

Is this property for sale now?

Active Listing: 2041 N Vermont Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $34,224 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2041 N Vermont Ave has 7 bedrooms and 31 bathrooms.

What is the square footage of this property?

The property 2041 N Vermont Ave is 22,582 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2041 N Vermont Ave is 1928.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles900272041 N Vermont Ave

This home is located at 2041 N Vermont Ave in Los Angeles, CA and zip code 90027 in the Central LA neighborhood. This 22,582 square foot home, which was built in 1928, sits on a 0.21 acre lot. Features: 7 bedrooms, 31 bathrooms. It has been listed on Rocket Homes since August 22, 2022 and is currently priced at $9,500,000.

Los Angeles, CA housing market in October 2024 saw over 598 listings sold above listed price, more than 191 sold at listed price and over 753 sold below. The number of homes for sale in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. While the average time on the market in October 2024 was 38 days, the median list price was $1,023,474.

From Rocket Homes Real Estate and based on county public records data.

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