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1021 N Vermont Ave
Los Angeles, CA 90029

Rate Upon Request

Apartments For Lease  •  1,300+ SF

Property Details

  • Property Type Apartments
  • Year Built 2025
  • Total Building Size 173,514 SF
  • Building Class A
  • Zoning LAC
70 Transit Score
94 Walk Score

2 Spaces Available

Name Space Use Size Rent Details
1st Floor Ste Retail 14,000 SF Rate Upon Request
Possibly divisible - Single Tenant Preferred.

  • Date available: Jan 2025
  • Lease term: Negotiable
  • Service type: Negotiable
  • Space Type: New
1st Floor Ste B Retail 1,300 SF Rate Upon Request
Perfect for coffee shop or UPS store.

  • Date available: Jan 2025
  • Lease term: Negotiable
  • Service type: Negotiable
  • Space Type: New

Description

The Santa Monica & Vermont (SMV) Apartments will be a new construction transit oriented development
of two 6-story structures built in one simultaneous phase. The total unit count will be 187- units. This is a
mixed use, 100% affordable and permanent supportive housing project done in collaboration with the Los
Angeles County Metropolitan Transportation Authority (LACMTA). It is adjacent to and on top of the
Vermont/Santa Monica Red Line Metro station in East Hollywood.
This environmentally sustainable infill development is a generational opportunity to co-locate affordable
housing with transit, jobs, services, and amenities. It will consist of two buildings totaling approximately
170,000 square feet on a 50,000 square foot infill site. Construction type is Type I/Type III combination,
with the basement and ground floor being Type IA and Floors 2 through 6 Type IIIA. Residential units will
consist of a mix of 63 studios, 75 one bedrooms, 44 two bedrooms, and 5 three bedrooms, with twenty
washer and dryer units across two laundry rooms.
The ground floor will be activated by approximately 20,000 sq. ft. of commercial and community uses,
including a federally qualified health center; community rooms and social service offices; and commercial
spaces prioritizing the tenancy of local legacy businesses. There will be about 20,000 sq. ft. of open space,
including a dining terrace opening up to the Metro Public Plaza, as well as a private courtyard and backyard
patio for potential use as resident gardens, barbecue space, and/or multipurpose programming. There will
be 41 spaces in a subterranean parking structure along with 14 bike stalls.
This will be an environmentally sustainable, LEED certified infill development adjacent to the Vermont/
Santa Monica Metro Red Line station. It will include urban greening components and comprehensive transit
improvements and create more opportunities for transit mobility. Through State of CA AHSC transit funds
already committed, the project will include new transit related infrastructure.

Highlights

New to market prime ground floor retail. Mixed use MTA transit line development. 80,000 daily MTA ridership.
Timeline: Construction start in Q4 2021. Projected completion and projected COO in Q4 2024.
Location: Adjacent to Los Angeles Community College and Braille Institute.
Substantial loading corridor on New Hampshire Avenue.
Additional supporting commercial tenants include a food court, coffee shop, vision and dental offices.

Amenities

  • Laundry Facilities

Public Transportation

Commuter RailDriveWalkDistance
Glendale (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 7 min - 4.2 mi
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) 8 min - 4.6 mi
Transit/SubwayDriveWalkDistance
Vermont/Santa Monica Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 0 min 1 min 0.0 mi
Vermont/Sunset Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 0 min 10 min 0.5 mi
Vermont/Beverly Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 1 min 19 min 1.0 mi
AirportDriveWalkDistance
Bob Hope 19 min - 11.0 mi
Los Angeles International 27 min - 15.9 mi
Long Beach (Daugherty Field) 36 min - 25.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 41
Type: Covered
Included in Rent: Yes
Danny Raffle 424-281-3701 RPM Commercial Real Estate
Danny Raffle 424-281-3701 RPM Commercial Real Estate