Price reduced $100,000 now $3,595,000! Hard-corner mixed-use opportunity at Vermont Ave & 51st Pl: 7 street-front retail spaces + 14 apartments totaling 18,956 SF on a 17,280 SF C2 triple lot. 97% occupied with diversified income and 26 gated parking spaces. Now a 6.15% current cap / 10.45 GRM with ~28% rental upside to an 8.63% pro forma cap as rents reach market. TOC Tier 3 + AB 2011/SB 35 eligibility unlock major redevelopment density, steps from Exposition Park and the 2028 Olympic venues. Turnkey cash flow today, landmark development site tomorrow.
For sale
Price cut: $100K (7/28)
$3,595,000
5161 S Vermont Ave, Los Angeles, CA 90037
6beds
21baths
18,906sqft
:
Get pre-qualified$24,320/mo
Multi Family
Built in 1922
-- sqft lot
$3,445,100 Zestimate®
$190/sqft
$-- HOA
What's special
- 36 days |
- 19 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Julio Ruiz DRE # 01911261 818-524-0706,
Global Platinum Properties, Inc. 424-394-1030,
Armin Soleimani DRE # 01846872 310-666-2246,
Global Platinum Properties, Inc.
Source: CLAW,MLS#: 26855205
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 21
Heating
- Wall
Cooling
- Ceiling Fan(s)
Appliances
- Included: Refrigerator, Range/Oven
Interior area
- Total structure area: 18,906
- Total interior livable area: 18,906 sqft
Property
Parking
- Total spaces: 26
- Parking features: Gated
Features
- Levels: Two
- Stories: 2
Lot
- Size: 5,401 Square Feet
Details
- Additional structures: None
- Parcel number: 5002030018
- Zoning: LAC2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1922
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $190/sqft
- Tax assessed value: $1,218,610
- Annual tax amount: $15,412
- Date on market: 7/2/2026
Estimated market value
$3,445,100
$3.27M - $3.62M
$2,745/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/28/2026 | Price change | $3,595,000-2.7%$190/sqft |
Source:  CLAW #26855205 Report a problem | ||
| 7/2/2026 | Listed for sale | $3,695,000$195/sqft |
Source: CLAW #26855205 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $15,412 +1.5% | $1,218,610 +2% |
| 2024 | $15,187 +1.9% | $1,194,717 +2% |
| 2023 | $14,904 +4.7% | $1,171,292 +2% |
| 2022 | $14,231 +1.5% | $1,148,326 +2% |
| 2021 | $14,027 -1% | $1,125,811 +1% |
| 2020 | $14,162 | $1,114,268 +2% |
| 2019 | $14,162 +5.1% | $1,092,420 +2% |
| 2018 | $13,471 | $1,071,000 +56% |
| 2017 | $13,471 +52.2% | $686,557 +2% |
| 2016 | $8,851 +3% | $673,096 +1.5% |
| 2015 | $8,592 | $662,987 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: South Los Angeles
Nearby schools
GreatSchools rating
- 2/10Fifty-Second Street Elementary SchoolGrades: K-5Distance: 0.2 mi
- 5/10John Muir Middle SchoolGrades: 6-8Distance: 0.6 mi
- 4/10Augustus F. Hawkins High A Critical Design And GamingGrades: 9-12Distance: 0.7 mi
- $---- bd1 ba-- sqft5161 S Vermont Ave #10, Los Angeles, CA 90037Off Market
- $3,695,0008 bd21 ba18k sqft5151 S Vermont Ave, Los Angeles, CA 90037For Sale
- $795,0005 bd3 ba1.7k sqft1016 W 51st Pl, Los Angeles, CA 90037For Sale
- $629,6002 bd1 ba912 sqft1013 W 52nd St, Los Angeles, CA 90037Off Market
- $586,4001 bd1 ba3.2k sqft5175 S Vermont Ave, Los Angeles, CA 90037Off Market
- $656,0004 bd2 ba1.8k sqft1020 W 51st Pl, Los Angeles, CA 90037Off Market
- $567,5002 bd1 ba1.1k sqft1017 W 52nd St, Los Angeles, CA 90037Off Market
- $627,3003 bd1 ba2.1k sqft1024 W 51st Pl, Los Angeles, CA 90037Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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