Coming soon
$3,595,000
6 bd · 3 ba · 18,906 sqft · 5,401 sqft lot
5161 S Vermont Ave, Los Angeles, CA 90037
Multi-family · Built 1922 · $190/sqft ·
$22,018/mo est. payment
- Stories
- 2
About this home
Price reduced $100,000 now $3,595,000! Hard-corner mixed-use opportunity at Vermont Ave & 51st Pl: 7 street-front retail spaces + 14 apartments totaling 18,956 SF on a 17,280 SF C2 triple lot. 97% occupied with diversified income and 26 gated parking spaces. Now a 6.15% current cap / 10.45 GRM with ~28% rental upside to an 8.63% pro forma cap as rents reach market. TOC Tier 3 + AB 2011/SB 35 eligibility unlock major redevelopment density, steps from Exposition Park and the 2028 Olympic venues. Turnkey cash flow today, landmark development site tomorrow.
Facts and features
Bedrooms
- Bedrooms: 6
Bathrooms
- Total Bathrooms: 21
- Full Bathrooms: 3
Heating and Cooling
- Cooling Features: Ceiling Fan
- Heating Features: Wall
- Ceiling Fans: Yes
Land Info
- Lot Size Acres: 0.124
- Lot Size Source: Owner
- Lot Size Square Feet: 17280
Garage and Parking
- Parking Features: Gated
- Parking Total: 26
Multi-Unit Info
- Number of Buildings: 2
- Number of Units: 21
- Unit Type: Mixed Use
- Bedrooms in Unit-1: 0
- Bedrooms in Unit-2: 1
- Bedrooms in Unit-3: 0
- Total Bathrooms in Unit-1: 1
- Total Bathrooms in Unit-2: 1
Rental Info
- Gross Income: 343956
- Gross Scheduled Income: 333637
Other Property Info
- Source Listing Status: Active
- County: Los Angeles
- Cap Rate: 6.15
- Directions: Between 51st St & 51st Place on Vermont Ave.
- Source Property Type: Residential Income
- Area: Los Angeles Southwest
- Source Neighborhood: Los Angeles Southwest
- Parcel Number: 5002-030-018
Schools
- 2
Fifty-Second Street Elementary School
elementary · K-5 · 0.2 mi
- 5
John Muir Middle School
middle · 6-8 · 0.6 mi
- 4
Augustus F. Hawkins High A Critical Design And Gaming
high · 9-12 · 0.7 mi
Nativity School
elementary · K-8 · 0.3 mi
- 5
ICEF Innovation Los Angeles Charter School
elementary · K-5 · 0.1 mi
Nativity Elementary School
elementary · K-8 · 0.3 mi
Price history
- Nov 6, 2026 · Relisted$3,595,000
- Nov 1, 2026 · Listing Removed—
- Jul 28, 2026 · Price Changed$3,595,000
- Jul 2, 2026 · Listed$3,695,000
Where it is
Listed by Julio Ruiz · Global Platinum Properties, Inc. · TheMLSCLAW
