Los Angeles, California, United States 1 - 18329649
Los Angeles, California, United States 2 - 18329649 Los Angeles, California, United States 3 - 18329649
Los Angeles, California, United States 4 - 18329649 Los Angeles, California, United States 5 - 18329649
$3,595,000

Residential Income In Los Angeles

  • 6 Beds
  • 21 Baths
  • 18,906 Sqft
  • 17,280 Sqft lot
  • Updated: July 28
  • Source:
    The MLS (CLAW)  MLS#26855205

About the Property

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 e
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.
…

  • Property type

    Other

  • Floors

    2

  • Year built

    1922

  • Price/sqft

    $190

Features

  • Parking
  • Gate

Explore the Area

5161 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
July 28
First listed
Jul 3
Listing reference
26855205
Listing status

The multiple listings information is provided by The MLS/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 The MLS/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.

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