See all 52 photos
52 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$3,695,000
Est. payment /mo
6 Beds
21 Baths
18,906 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 18,906 sqft
Price per Sqft $195
MLS Listing ID 26855205
Bedrooms 6
HOA Y/N No
Year Built 1922
Lot Size 0.397 Acres
Property Description
Global Platinum Properties is proud to present a compelling mixedusevalue-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 sevenstreet-front retail units on the ground level and 14 apartment unitson the second floor, providing diversified income across bothresidential 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.
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Zoning LAC2
Interior
Heating Wall Furnace
Fireplace No
Appliance Refrigerator
Exterior
Parking Features Gated
Total Parking Spaces 26
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5002030018
Special Listing Condition Standard
Read Less Info
Listed by Julio Ruiz Global Platinum Properties, Inc. #01911261
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION