Listing provided courtesy of Julio Ruiz of Global Platinum Properties, Inc.. Last updated 2026-08-09 08:10:55.000000. Listing information © 2026 Sandicor.
Asking Price: $3,595,000 |
5161 Vermont, Los Angeles CA 90037
Community: C34 - Los Angeles Southwest
This property was built in 1922 and is priced at $3,595,000. Please see the additional details below.
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.
