50
See all 50 photos
$3,695,000
Est. payment /mo
8 Beds
21 Baths
18,906 SqFt
New
5151 S Vermont AVE Los Angeles, CA 90037
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 18,906 sqft
Price per Sqft $195
MLS Listing ID 26835873
Bedrooms 8
HOA Y/N No
Year Built 1924
Lot Size 0.435 Acres
Property Description
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.
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Zoning LAC2
Interior
Fireplace No
Exterior
Parking Features Gated
View Y/N Yes
View City Lights
Total Parking Spaces 25
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5002030017
Special Listing Condition Standard
Listed by Armin Soleimani Global Platinum Properties, Inc. #01846872
NEARBY SCHOOL & BUSINESS
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