Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for 1514 S. Vermont Avenue, a highly coveted 12-unit retail strip center situated at the premier signalized intersection of Vermont Avenue and Venice Boulevard. Built in 1988, this stable asset features an 11,715 SF building on a spacious 0.51-acre lot. Anchored by national credit tenant H&R Block, the property offers immediate, secure cash flow with premium infill logistics, representing a prime "covered land play" with exceptional long-term, high-density redevelopment potential. The property occupies a premium, highly visible signalized hard corner that captures massive daily vehicular and pedestrian traffic at the intersection of Vermont Avenue and Venice Boulevard. This high-exposure position is anchored by H&R Block, providing investors with strong credit stability, predictable cash flow, and consistent institutional foot traffic. Beyond its strong tenancy, the physical layout offers maximum functionality. The 11,715-square-foot building is divided into 11 highly efficient retail bays and one income-generating billboard tenant. The entire operation is supported by a generous 0.51-acre lot that provides ample dedicated parking—a rare and highly valuable commodity in high-density Los Angeles. Logistically, the asset boasts unmatched regional accessibility due to its strategic proximity to the I-10 (Santa Monica Freeway), US-101 (Hollywood Freeway), and CA-110 (Harbor Freeway). This central location offers effortless, multi-directional access to Downtown Los Angeles, Hollywood, and the greater Westside markets. The property is positioned within a hyper-dense, culturally vibrant trade area that features a robust, built-in consumer base alongside a steady influx of upwardly mobile professionals. Because half-acre parcels along major Los Angeles transit corridors are rarely available, this location offers an exceptional dual-phase investment strategy. Owners can collect dependable, stabilized retail income today while exploring future high-density mixed-use or multifamily redevelopment. 1514 S. Vermont is a low-risk, high-upside asset combining stabilized retail cash flow from a national anchor with long-term, transit-oriented development potential. It perfectly serves the dual-mandate investor looking for immediate yield defensive positioning alongside a massive future urban land play.