5151 S Vermont Avenue, Los Angeles, CA 90037
Local realty services provided by:Better Homes and Gardens Real Estate Town Center
5151 S Vermont Avenue,Los Angeles, CA 90037
$3,695,000
- 8 Beds
- 21 Baths
- 18,906 sq. ft.
- Multi-family
- Active
Listed by: armin soleimani, julio ruiz
Office: global platinum properties, inc.424-394-1030
MLS#:26835873
Source:CRMLS
Price summary
- Price:$3,695,000
- Price per sq. ft.:$195.44
About this home
Global Platinum Properties is proud to present a compelling 21 Unit mixed-use value-add opportunity in the heart of Vermont Square, one of South Los Angeles' most active and supply-constrained submarkets. Located at 5161 S Vermont Avenue, this corner, double-lot property offers investors a rare combination of strong in-place income, meaningful rental upside, redevelopment optionality, and abundant on-site parking. The asset consists of two buildings totaling 18,906 square feet of improvements, situated on a 17,280-square-foot C2-zoned lot, comprising three distinct parcels. The property features seven street-front retail units on the ground level and 14 apartment units on the second floor, providing diversified income across both residential and commercial tenants. Currently operating at a 5.95% cap rate, the property offers a clear path to an estimated 32% increase in rental income, driving returns to an 8.37% projected cap rate through hands-on management, rent optimization, and strategic improvements. Approximate 32% rental upside through rent growth and operational efficiencies....
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Home facts
- Year built:1924
- Listing ID #:26835873
- Added:7 day(s) ago
- Updated:May 24, 2026 at 10:39 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:21
- Living area:18,906 sq. ft.
Structure and exterior
- Year built:1924
- Building area:18,906 sq. ft.
- Lot area:0.44 Acres
- Levels:2 Story
Finances and disclosures
- Price:$3,695,000
- Price per sq. ft.:$195.44
Parking
- Total parking spaces:25
- Parking description:Gated
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