Global Platinum Properties is proud to present a compelling 21 Unit mixed-use value-add opportunity in the heart of Vermont Square, one of South Los Angeles’ most active and supply-constrained submarkets. Located at 5161 S Vermont Avenue, this corner, double-lot property offers investors a rare combination of strong in-place income, meaningful rental upside, redevelopment optionality, and abundant on-site parking. The asset consists of two buildings totaling 18,906 square feet of improvements, situated on a 17,280-square-foot C2-zoned lot, comprising three distinct parcels. The property features seven street-front retail units on the ground level and 14 apartment units on the second floor, providing diversified income across both residential and commercial tenants. Currently operating at a 5.95% cap rate, the property offers a clear path to an estimated 32% increase in rental income, driving returns to an 8.37% projected cap rate through hands-on management, rent optimization, and strategic improvements. Approximate 32% rental upside through rent growth and operational efficiencies.
AGENT: Armin Soleimani LISTING BROKERAGE: Global Platinum Properties, Inc.
Courtesy of Global Platinum Properties, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 5151 S Vermont AV
Los Angeles, CA
Property Details
Price:
$3,695,000
MLS #:
26835873
Status:
Active
Beds:
8
Baths:
21
Type:
Single Family
Neighborhood:
c34losangelessouthwest
Listed Date:
May 18, 2026
Finished Sq Ft:
18,906
Total Sq Ft:
18,906
Lot Size:
18,956 sqft / 0.44 acres (approx)
Year Built:
1924
C34 – Los Angeles SouthwestC34losangelessouthwestCity Lights
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Schools
Interior
Levels
U
Exterior
Common Walls
_1CW
Parking Spots
25
Parking Total
25
View
CI
Financial
Gross Operating Income
$333
Net Operating Income
$219,952
Map
Community
- Address5151 S Vermont AV Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90037
