5161 S Vermont Ave, Los Angeles, CA 90037
5161 S Vermont Ave, Los Angeles, CA 90037
5161 S Vermont Ave, Los Angeles, CA 90037
5161 S Vermont Ave, Los Angeles, CA 90037
5161 S Vermont Ave, Los Angeles, CA 90037
5161 S Vermont Ave, Los Angeles, CA 90037
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Shantrece's Assistant

Shantrece's Assistant

+1(904) 846-3855
$ 3,595,000
Est. payment | /mo

6 Beds

21 Baths

18,906 SqFt

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$ 3,595,000
Est. payment | /mo
Save

6 Beds

21 Baths

18,906 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 18,906 sqft

Price per Sqft $190

MLS Listing ID 26855205

Bedrooms 6

Year Built 1922

Lot Size 0.397 Acres

Acres 0.124

Property Sub-Type Multi-Family

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.

Location

State CA

County Los Angeles

Area Los Angeles Southwest

Zoning LAC2

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Ceiling Fan

Equipment Refrigerator, Range/Oven

Exterior

Parking Features Gated

Garage Spaces 26.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Global Platinum Properties, Inc.

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5161 S Vermont Ave