5151-5161 Vermont Ave - Storefront Retail/Residential FOR SALE


Los Angeles, CA 90037- Vermont Harbor
$3,695,000 USD
310-666-2246
5151-5161 Vermont Ave, Los Angeles, CA for Sale
$3,695,000 USD
Storefront Retail/Residential - FOR SALE
1/54
null | 5.95% Cap Rate

5151-5161 Vermont Ave
Los Angeles, CA 90037
Vermont Harbor


HIGHLIGHTS

  • Rare on-site surface parking for both residential and retail tenants
  • Highly visible corner of Vermont Avenue and 51st Place
  • High-Yield Stability: 7 retail stores and 14 apartments offer immediate cash flow while entitling the future vision.
  • Triple-Lot Footprint: Rare 0.35+ acre assembly providing the scale necessary for a landmark architectural project.
  • Infrastructure Legacy: Benefit from permanent streetscape improvements and neighborhood revitalization funded by the 2028 Olympic legacy.
  • Gated Security: 25-space secured parking lot provides a premium amenity that is highly scarce in the South Los Angeles submarket.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$3,695,000 USD

PRICE/SF

$195 USD /SF

CAP RATE

5.95%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

21-Unit Mixed-Use LA | 5.95% Cap w 32% Upside

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1924

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,424 SF

ZONING

LAC2

APN/PARCEL ID

5002-030-017,5002-030-018

ASK ABOUT THIS PROPERTY

Armin SoleimaniGlobal Platinum PropertiesMore Info
310-666-2246

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Armin SoleimaniGlobal Platinum PropertiesMore Info
310-666-2246

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.