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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$3,695,000
Est. payment /mo
6 Beds
21 Baths
18,906 SqFt
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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 $195

MLS Listing ID 26855205

Bedrooms 6

Year Built 1922

Lot Size 0.397 Acres

Acres 0.124

Property Sub-Type Multi-Family

Property Description

Global Platinum Properties is proud to present a compelling mixedusevalue-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 sevenstreet-front retail units on the ground level and 14 apartment unitson the second floor, providing diversified income across bothresidential 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 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


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TheMLS (CLAW)
Listed by Global Platinum Properties, Inc.

Nearby School & Business

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Ron Taibi

Ron Taibi

+1(661) 212-1135

Agent | License ID: 01240158

Agent License ID: 01240158

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