Active

5151 S Vermont Avenue

Los Angeles, CA 90037
Mark as Favorite
Bed 8

Bed

Bath 0

Bath

SqFt18,906

Sqft

SqFt18,956

Sqft(Lot)

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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Detail Ic Property Details

Property Type : Residential Income

Price : $3,695,000

AD Id : 78856509

MLS Id : 26835873

Beds : 8

Lot Size : 18,956 Sqft

Living Area Size : 18,906

Year Built : 1924

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total Bedrooms: 8

    Bathroom Information

    Total Baths: 21 Full Baths: 0 Half Baths: 0

  • Building Information

    Year Built: 1924 Building Area Total: 18,906

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.4352
  • Lot Size Source: Owner Lot Size Square Feet: 18956

  • Listing Price Information

    Original List Price: 3,695,000 Listing Contract Date: 2026-05-18
  • Lease Information

    Listing Agreement: Seller Reserved

  • Tax Information

    Parcel Number: 5002030017

  • Garage and Parking

    Garage Description: Gated

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C34 - Los Angeles Southwest Postal Code Plus 4: 3515 Directions: On the southwest corner of 51st Place and Vermont Ave. Zoning: LAC2 Source Property Type: Residential Income Area: C34 - Los Angeles Southwest
  • Building and Construction

    Property Age: 102 Common Walls: 1 Common Wall Year Built Source: Vendor Enhanced Total Square Feet Living: 18906 Property Attached: Yes Levels or Stories: Two Building Total Stories: 2
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
146 W Vernon, Los Angeles, CA, 90037 $1,060,000 -- -- 3,972 3,972 SqFt
160 W 48th, Los Angeles, CA, 90037 $689,900 3 3 1,152 1,152 SqFt
201 W 49th, Los Angeles, CA, 90037 $749,998 3 1 1,412 1,412 SqFt
227 W 52nd Street, Los Angeles, CA, 90037 $500,000 4 1 1,500 1,500 SqFt
4211 S Flower, Los Angeles, CA, 90037 $640,000 2 1 1,148 1,148 SqFt
4260 S Figueroa Street, Los Angeles, CA, 90037 $1,150,000 4 -- 4,516 4,516 SqFt
545 W 41st Street, Los Angeles, CA, 90037 $1,150,000 4 -- 3,923 3,923 SqFt
602 W 40th Place, Los Angeles, CA, 90037 $1,600,000 10 -- 3,692 3,692 SqFt
536 W 42nd Street, Los Angeles, CA, 90037 $1,055,000 6 -- 1,983 1,983 SqFt
603 W 41st Place, Los Angeles, CA, 90037 $3,290,000 20 -- 7,860 7,860 SqFt

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ByOwner last updated this listing 06/18/2026 @ 23:01

MLS: 26835873 LISTED BY: Armin Soleimani, Global Platinum Properties, Inc. 424-394-1030 SOURCE: CRMLS

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