$3,595,000
5161 S Vermont Avenue
Los Angeles, CA 90037
6
Beds
21
Baths
18,906
Square feet
1922
Built
Listing narrative
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.
Property Details
Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.
Price
$3,595,000
Beds
6 bd
Type
House
Home Size
18,906 sqft
Baths
21
Lot Size
0.40 acres
Year
1922
Status
For Sale
Days on Market
129
$ / Sqft
$190
Courtesy of Global Platinum Properties, Inc.






