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5151 S Vermont Avenue, Los Angeles, CA 90037

Los Angeles
Local realty services provided by:CENTURY 21 Epic
5151 S Vermont Avenue,Los Angeles, CA 90037
$3,595,000
  • 8 Beds
  • 21 Baths
  • 18,906 sq. ft.
  • Multi-family
  • Active
Listed by: armin soleimani, julio ruiz
Office: global platinum properties, inc.424-394-1030
MLS#:26835873
Source:CRMLS

Price summary

  • Price:$3,595,000
  • Price per sq. ft.:$190.15

About this home

Global Platinum Properties is pleased to present 51515163 S Vermont Avenue, a 21-unit mixed-use asset on three contiguous lots at the hard corner of Vermont Avenue and West 51st Place, in the heart of the Vermont Corridor. The property comprises 18,956 square feet of improvements across two 1924-vintage brick buildings: seven street-front retail spaces at grade and fourteen apartments above, plus a gated 26-space surface lot, an amenity that is genuinely scarce along this stretch of Vermont. Ownership completed a new electrical upgrade in 2026. In place, the asset produces $221,152 of net operating income against the $3,595,000 asking price, a 6.15% cap rate on day one, at 100% physical occupancy and with no capital required to achieve it. Underneath that income sits the real story. The residential schedule shows an average in-place rent of $1,251 against a $1,821 market rent, and the 17,280 SF C2-1VL-CPIO site sits within a Tier 3 Transit-Oriented Communities zone that supports, by...

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Home facts

  • Year built:1924
  • Listing ID #:26835873
  • Added:115 day(s) ago
  • Updated:September 11, 2026 at 10:58 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:21
  • Living area:18,906 sq. ft.

Structure and exterior

  • Year built:1924
  • Building area:18,906 sq. ft.
  • Lot area:0.44 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$3,595,000
  • Price per sq. ft.:$190.15

Parking

  • Total parking spaces:25
  • Parking description:Gated
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Epic is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Epic, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Mike Southwick

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