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For sale
  • $3,695,000

    5151 S Vermont Ave, Los Angeles, CA 90037

    8beds
    21baths
    18,906sqft
    : 
    $24,839/mo
    Get pre-qualified
    Multi Family
    Built in 1924
    -- sqft lot
    $3,461,600 Zestimate®
    $195/sqft
    $-- HOA

    What's special

    Corner double-lot propertyAbundant on-site parking
    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.
    73 days
    |
    23
    |
    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    Armin Soleimani DRE # 01846872 310-666-2246,

    Global Platinum Properties, Inc. 424-394-1030,

    Julio Ruiz DRE # 01911261 818-524-0706,

    Global Platinum Properties, Inc.

    Source: CLAW,MLS#: 26835873MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 21
      Heating
      • Wall Gas
      Cooling
      • Ceiling Fan(s)
      Interior area
      • Total structure area: 18,906
      • Total interior livable area: 18,906 sqft

      Property

      Parking
      • Total spaces: 25
      • Parking features: Gated
      Features
      • Levels: Two
      • Stories: 2
      • Has view: Yes
      • View description: City
      Lot
      • Size: 0.27 Acres
      Details
      • Additional structures: None
      • Parcel number: 5002030017
      • Zoning: LAC2
      • Special conditions: Standard
      • Other equipment: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Condition
      • Year built: 1924

      Community & HOA

      Location
      • Region: Los Angeles

      Financial & listing details

      • Price per square foot: $195/sqft
      • Tax assessed value: $2,234,123
      • Annual tax amount: $28,930
      • Date on market: 5/18/2026

        Estimated market value

        $3,461,600

        $3.29M - $3.63M

        $1,915/mo

        Price history

        DateEventPrice
        5/18/2026Listed for sale$3,695,000+24.2%$195/sqft
        Source: CLAW #26835873 Report a problem
        1/20/2017Sold$2,975,000$157/sqft
        Source: CLAW #16146628 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$28,930 +1.6%$2,234,123 +2%
        2024$28,485 +1.9%$2,190,318 +2%
        2023$27,962 +4.6%$2,147,372 +2%
        2022$26,720 +1.5%$2,105,267 +2%
        2021$26,333 -0.9%$2,063,988 +1%
        2020$26,578 $2,042,825 +2%
        2019$26,578 +5.2%$2,002,770 +2%
        2018$25,264 $1,963,500 +52.4%
        2017$25,264 +47.7%$1,288,616 +2%
        2016$17,106 +3.1%$1,263,350 +1.5%
        2015$16,593 $1,244,375
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: South Los Angeles

        Getting around

        77 / 100
        Very Walkable
        59 / 100
        Good Transit
        65 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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