$3,695,000

Residential Income In Los Angeles

  • 8 Beds
  • 21 Baths
  • 18,906 Sqft
  • 18,956 Sqft lot
  • Updated: May 19
  • Source:
    The MLS (CLAW)  MLS#26835873

About the Property

Global Platinum Properties is proud to present a compelling 21 Unit mixed-use value-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
Global Platinum Properties is proud to present a compelling 21 Unit mixed-use value-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 seven street-front retail units on the ground level and 14 apartment units on the second floor, providing diversified income across both residential 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.
  • Property type

    Other

  • Floors

    2

  • Year built

    1924

  • Price/sqft

    $195

Features

  • Parking

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5151 S Vermont Avenue, Los Angeles, California, United States View on Google Maps
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Global Platinum Properties, Inc. - Los Angeles

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Global Platinum Properties, Inc. - Los Angeles
California, United States
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16
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2025
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Global Platinum Properties, Inc. - Los Angeles
Los Angeles, California, United States
View agency profile
Last updated
May 19
First listed
May 19
Listing reference
26835873
Listing status
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