$3,595,000

5161 S Vermont Avenue, Los Angeles, CA 90037

18,906 sqft

other
Built in 1922
0.4acre lot
—— car garage
$190/sqft
Listed 1 month ago

Property Description

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.

Listing Status:: Active
Date Added:: July 2, 2026
Data Last Updated:: August 24, 2026 at 11:08PM
Listing Office:: Global Platinum Properties, Inc. : 424-394-1030
Listing Agent:: Julio Ruiz : 818-524-0706
MLS ID:: CL26855205

Heating: Wall Furnace

Parking: Other

County: Los Angeles

Zoning: LAC25002030018

This listing courtesy of Julio Ruiz , Global Platinum Properties, Inc.

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