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Active 8 days on market

5151 S Vermont Avenue

Los Angeles, CA 90037

$3,695,000

5151 S Vermont Avenue
5151 S Vermont Avenue photo 2
5151 S Vermont Avenue photo 3
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+46 more
8Beds
0Baths
18,906Sq Ft
0.44Acres
1924Built

About This Home

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.

Property Details

Property TypeResidentialIncome
Year Built1924
Living Area18,906 sq ft
Lot Size0.44 acres
Bedrooms8
Bathrooms0 full
Parking Total25
PoolNo
MLS #1168544707
Days on Market8 days

Location

Listed by

Armin Soleimani

Global Platinum Properties, Inc.

MLS# CLW-C120232

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Based on information from CRMLS. All data is deemed reliable but not guaranteed. Listings marked with the CRMLS icon are provided courtesy of the California Regional MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing.