5161 S Vermont AV Los Angeles CA 90037 MLS #26855205

5161 S Vermont AV

Los Angeles, CA, 90037

$3,595,000

6 Beds

21 Baths

18,906 SqFt

0.4 Acres

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Property 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

Price:

$3,595,000

MLS #:

26855205

Status:

Active

Beds:

Baths:

Type:

Single Family

Neighborhood:

c34losangelessouthwest

Listed Date:

Jul 2, 2026

Finished Sq Ft:

18,906

Total Sq Ft:

18,906

Lot Size:

17,280 sqft / 0.40 acres (approx)

Year Built:

1922

C34 – Los Angeles SouthwestC34losangelessouthwest

Schools

Interior

Appliances

Heating

Levels

Exterior

Parking Spots

Parking Total

Financial

Gross Operating Income

$333,637

Net Operating Income

$221,152

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