5161 S Vermont Avenue, Los Angeles, CA 90037
5161 S Vermont Avenue, Los Angeles, CA 90037
5161 S Vermont Avenue, Los Angeles, CA 90037
5161 S Vermont Avenue, Los Angeles, CA 90037
5161 S Vermont Avenue, Los Angeles, CA 90037
5161 S Vermont Avenue, Los Angeles, CA 90037
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$ 3,695,000
Est. payment | /mo

18,906 SqFt


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$ 3,695,000
Est. payment | /mo
Save

18,906 SqFt

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 18,906 sqft

Price per Sqft $195

MLS Listing ID CL26855205

HOA Y/N No

Year Built 1922

Lot Size 0.397 Acres

Acres 0.3967

Property Sub-Type Other

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

Zoning LAC2

Interior

Heating Wall Furnace

Fireplace No

Building

New Construction No

Others

Tax ID 5002030018

Bridge MLS
Listed by Julio Ruiz • Global Platinum Properties, Inc.

Nearby Locations

Nicole Tscherneff

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(925) 565-8336

nicole@nicolealexishomes.com

39899 Balentine Dr. Suite 200, Newark Ca. 94560

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5161 S Vermont Avenue