5161 S Vermont Avenue, Los Angeles, CA 90037
Local realty services provided by:ERA Carlile Realty Group
5161 S Vermont Avenue,Los Angeles, CA 90037
$3,595,000
- 6 Beds
- 21 Baths
- 18,906 sq. ft.
- Multi-family
- Active
Listed by: julio ruiz, armin soleimani
Office: global platinum properties, inc.424-394-1030
MLS#:26855205
Source:CRMLS
Price summary
- Price:$3,595,000
- Price per sq. ft.:$190.15
About this home
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.
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Home facts
- Year built:1922
- Listing ID #:26855205
- Added:93 day(s) ago
- Updated:October 04, 2026 at 10:38 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:21
- Kitchen Description:Refrigerator
- Living area:18,906 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1922
- Building area:18,906 sq. ft.
- Lot area:0.4 Acres
- Levels:2 Story
Finances and disclosures
- Price:$3,595,000
- Price per sq. ft.:$190.15
Parking
- Total parking spaces:26
- Parking description:Gated
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