2041 N Vermont Ave, Los Angeles, CA, 90027
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 6 beautiful (1 bedroom, view units with French windows) including a non-conforming, "owner's" unit with a fireplace and 25 charming large singles (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.
Getting Around
Very Walkable
Good Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1928
Type & Style
- Home type: MultiFamily
- Architectural style: Normandy
- Property subType: Multi Family
Interior
Appliances
- Laundry features: Laundry Area
Bedrooms & Bathrooms
- Bedrooms: 32
- Bathrooms: 32
Heating & Cooling
- Heating features: Wall,Other
- Cooling features: Wall/Window Unit(s),Window Unit(s),Other
Interior Area
- Total structure area: 22,582
- Total interior livable area: 22,582 sqft
Property
Details
- Zoning: LAR3
- Special condition: Standard
- Other equipment: Other
Features
- Levels: One
- Stories: 30
- Has view: Yes
- View description: Hills,City Lights
Lot
- Lot size: 8,995 sqft
Parking
- Parking features: None
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
- Inland Flooding
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Los Angeles County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $44,952 | $539,424 |
| Home Insurance * | $1,450 | $17,400 |
| Property Taxes | $4,963 | $59,556 |
| Electricity | $4,842 | $58,108 |
| Total | $56,207 | $674,484 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2025-08-12 | Price change | $8,995,000 |
| 2025-02-10 | Listed for sale | $9,100,000 |
| 2025-02-08 | Contingent | $9,100,000 |
| 2024-02-26 | Price change | $9,500,000 |
| 2024-01-08 | Price change | $9,975,000 |
| 2023-11-27 | Price change | $10,250,000 |
| 2023-01-26 | Listed for sale | $10,500,000 |
| 2022-12-06 | Listing removed | -- |
| 2022-10-05 | Listed for sale | $10,500,000 |
| 2022-09-28 | Contingent | $10,500,000 |
| 2022-09-26 | Pending sale | $10,500,000 |
| 2022-08-22 | Listed for sale | $10,500,000 |
| 2020-07-10 | Listing removed | $9,800,000 |
| 2020-06-17 | Listed for sale | $9,800,000 |
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