$3,595,000
 $19,299 est/mo Sourced by Back At You

5161 S Vermont Avenue,Los Angeles, CA 90037

Los Angeles, CA 90037

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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.

Details

MLS #26855205
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1922
Days On Site117
Listing Provided ByGlobal Platinum Properties, Inc. | Julio Ruiz

Features

Bed(s)6
Bath(s)21
SQ Feet18,906
Story(s)2
Units21
Building(s)2
ZoningLAC2
Acreage0.40

Interior

HeatingWall Furnace
Heating Yes / NoYes
AppliancesRefrigerator

Parking

Parking FeaturesGated

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90037
AreaC34 Los Angeles Southwest
Listing VS Median (in 90037)
Price:
$3,595,000
low | high
Med:
$817,000
100% of Average
sqft:
18,906
low | high
Med:
3,152
100% of Average
$ / sqft:
$190
low | high
Med:
$323
19.867409637311% of Average
On site:
117
low | high
Med:
156
75% of Average
Sourced by Back At You

Market Activity 90037

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Learn More About This Property

Benjamin Leaskou

Benjamin Leaskou

01754516 (760) 799-4290ben@leaskouhiggins.com
StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90037
AreaC34 Los Angeles Southwest
Listing VS Median (in 90037)
Price:
$3,595,000
low | high
Med:
$817,000
100% of Average
sqft:
18,906
low | high
Med:
3,152
100% of Average
$ / sqft:
$190
low | high
Med:
$323
19.867409637311% of Average
On site:
117
low | high
Med:
156
75% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $2.696M - $4.493M
sqft: 14,000 - 23,500
Nearby Listings Property ImageNearby Listings Details
5151 S Vermont Avenue Property Photo 1
$3,595,000
5151 S Vermont Avenue
Los Angeles, CA 90037
Listing Updated: September 29, 2026 at 2:15:40 AM PDT

Benjamin Leaskou - Desert Lifestyle Properties