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$ 3,695,000
Est. payment | /mo
0.4 Acres Lot
$ 3,695,000
Est. payment | /mo
0.4 Acres Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26833837
HOA Y/N No
Year Built 1924
Lot Size 0.397 Acres
Property Sub-Type Mixed Use
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
Community Features Gated
Total Parking Spaces 26
Building
Story 2
Others
Tax ID 5002030017
Security Features Gated Community
Special Listing Condition Standard
Listed by Armin Soleimani Global Platinum Properties, Inc. #01846872
Nearby Locations
Chakits Krulsawat
Buyer and Sales Specialist | RE. Lic# S.0168764
+1(702) 319-1092 | chakits.k@gmail.com