5151 S Vermont Ave, Los Angeles, CA 90037
5151 S Vermont Ave, Los Angeles, CA 90037
5151 S Vermont Ave, Los Angeles, CA 90037
5151 S Vermont Ave, Los Angeles, CA 90037
5151 S Vermont Ave, Los Angeles, CA 90037
5151 S Vermont Ave, Los Angeles, CA 90037
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Eddie Arnez

Eddie Arnez

+1(954) 305-1314
$ 3,595,000
Est. payment | /mo

18,956 SqFt

Save
$ 3,595,000
Est. payment | /mo
Save

18,956 SqFt

Key Details

Property Type Commercial

Sub Type Combo - Res & Com

Listing Status Active

Purchase Type For Sale

Square Footage 18,956 sqft

Price per Sqft $189

MLS Listing ID 26833837

Year Built 1924

Lot Size 0.397 Acres

Acres 0.2728

Property Sub-Type Combo - Res & Com

Property Description

Global Platinum Properties is pleased to present 51515163 S Vermont Avenue a 21-unit mixed-use asset on three contiguous lots at the hard corner of Vermont Avenue and West 51st Place, in the heart of the Vermont Corridor. The property comprises 18,956 square feet of improvements across two 1924-vintage brick buildings: seven street-front retail spaces at grade and fourteen apartments above, plus a gated 26-space surface lot an amenity that is genuinely scarce along this stretch of Vermont. Ownership completed a new electrical upgrade in 2026.In place, the asset produces $221,152 of net operating income against the $3,595,000 asking price a 6.15% cap rate on day one, at 100% physical occupancy and with no capital required to achieve it.Underneath that income sits the real story. The residential schedule carries an average in-place rent of $1,251 against a $1,821 market, and the 17,280 SF C2- 1VL-CPIO site sits within a Tier 3 Transit Oriented Communities zone supporting, by right, a development program of up to 150 units.

Location

State CA

County Los Angeles

Area Los Angeles Southwest

Zoning LAC2

Exterior

Garage Spaces 26.0

Building

Story 2

Others

Special Listing Condition Standard

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

Listed by Global Platinum Properties, Inc.

Nearby Locations

Eddie Arnez

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

+1(954) 305-1314

earnez@rodeore.com

12345 Ventura Blvd, Studio City, CA 91604, USA

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5151 S Vermont Ave