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5151 S Vermont Avenue

Los Angeles, CA 90037
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Bed 8

Bed

Bath 21

Bath

SqFt18,906

Sqft

SqFt18,956

Sqft(Lot)

Global Platinum Properties is pleased to present 51515163 S Vermont Avenue, a 21-unit mixed-use asset on three contiguous lots at the hard corner of Vermont Avenue and West 51st Place, in the heart of the Vermont Corridor. The property comprises 18,956 square feet of improvements across two 1924-vintage brick buildings: seven street-front retail spaces at grade and fourteen apartments above, plus a gated 26-space surface lot, an amenity that is genuinely scarce along this stretch of Vermont. Ownership completed a new electrical upgrade in 2026. In place, the asset produces $221,152 of net operating income against the $3,595,000 asking price, a 6.15% cap rate on day one, at 100% physical occupancy and with no capital required to achieve it. Underneath that income sits the real story. The re sidential schedule shows an average in-place rent of $1,251 against a $1,821 market rent, and the 17,280 SF C2-1VL-CPIO site sits within a Tier 3 Transit-Oriented Communities zone that supports, by right, a development program of up to 150 units.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $3,595,000

AD Id : 78856509

MLS Id : 26835873

Beds : 8

Lot Size : 18,956 Sq. Ft

Living Area Size : 18,906 Sq. Ft

Year Built : 1924

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 8

    Bathroom Information

    Total Baths: 21

  • Building Information

    Year Built: 1924
    Building Area Total: 18906
    Stories: 2
    Private Pool: No
    View: CityLights

  • Lot Information

    Main Square Feet: 18956 Lot Size Acres: 0.4352 Lot Size Source: Owner Lot Size Square Feet: 18,956

  • Listing Price Information

    Listing Price: $3595000
    Original Price: $3695000

  • Tax Information

    Parcel Number: 5002030017

  • Location Information

    Direction: On the southwest corner of 51st Place and Vermont Ave.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
158 W Martin Luther Kin.., Los Angeles, CA, 90037 $998,000 11 5 -- 6,001 Sq. Ft
160 W 48th, Los Angeles, CA, 90037 $689,900 3 3 1,152 4,752 Sq. Ft
208 W 49th Street, Los Angeles, CA, 90037 $899,000 7 4 2,198 5,446 Sq. Ft
336 W 45th Street, Los Angeles, CA, 90037 $849,900 5 3 1,728 5,408 Sq. Ft
4207 S Flower Street, Los Angeles, CA, 90037 $999,900 4 4 3,672 6,006 Sq. Ft
4260 S Figueroa Street, Los Angeles, CA, 90037 $1,100,000 4 4 4,516 7,510 Sq. Ft
602 W 40th Place, Los Angeles, CA, 90037 $1,600,000 10 5 3,692 6,752 Sq. Ft
536 W 42nd Street, Los Angeles, CA, 90037 $1,049,900 6 -- 1,983 4,327 Sq. Ft
434 W 48th Street, Los Angeles, CA, 90037 $675,000 3 2 1,218 6,081 Sq. Ft
522 W Vernon Avenue, Los Angeles, CA, 90037 $1,600,000 9 -- 3,346 7,248 Sq. Ft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/26/2026 @ 04:09

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

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