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5151 S Vermont Avenue

Los Angeles, CA 90037
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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 : ResidentialIncome

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 beds: 8

    Bathroom Information

    Total Baths: 21

  • Building Information

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

  • 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: $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 $1,049,000 -- -- 3,723 3,723 SqFt
136 W 43rd Place, Los Angeles, CA, 90037 $729,900 3 2 1,080 1,080 SqFt
160 W 48th, Los Angeles, CA, 90037 $689,900 3 3 1,152 1,152 SqFt
336 W 45th Street, Los Angeles, CA, 90037 $930,000 5 3 1,728 1,728 SqFt
142 W 58th Street, Los Angeles, CA, 90037 $485,000 2 1 964 964 SqFt
4305 S Flower Street, Los Angeles, CA, 90037 $780,000 4 2 1,890 1,890 SqFt
4313 S Flower Street, Los Angeles, CA, 90037 $695,000 3 1 1,344 1,344 SqFt
4260 S Figueroa Street, Los Angeles, CA, 90037 $1,100,000 4 4 4,516 4,516 SqFt
602 W 40th Place, Los Angeles, CA, 90037 $1,600,000 10 5 3,692 3,692 SqFt
324 W 51st St, Los Angeles, CA, 90037 $1,900,000 -- -- 5,193 5,193 SqFt

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 08/11/2026 @ 12:44

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

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