5151 S Vermont Ave, Los Angeles, CA 90037
5151 S Vermont Ave, Los Angeles, CA 90037
5151 S Vermont Ave, Los Angeles, CA 90037
5151 S Vermont Ave, Los Angeles, CA 90037
5151 S Vermont Ave, Los Angeles, CA 90037
5151 S Vermont Ave, Los Angeles, CA 90037
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$ 3,695,000
Est. payment | /mo

18,956 SqFt


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$ 3,695,000
Est. payment | /mo
Save

18,956 SqFt

Key Details

Property Type Commercial

Sub Type Combo - Res & Com

Listing Status Active

Purchase Type For Sale

Square Footage 18,956 sqft

Price per Sqft $194

MLS Listing ID 26833837

Year Built 1924

Lot Size 0.397 Acres

Acres 0.2728

Property Sub-Type Combo - Res & Com

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 Los Angeles Southwest

Zoning LAC2

Exterior

Garage Spaces 26.0

Building

Story 2

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Global Platinum Properties, Inc.

Nearby Locations

Chakits Krulsawat
Chakits Krulsawat

Buyer and Sales Specialist | RE. Lic# S.0168764

+1(702) 319-1092 | chakits.k@gmail.com

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5151 S Vermont Ave