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$ 3,695,000
Est. payment | /mo
6 Beds
21 Baths
18,906 SqFt
$ 3,695,000
Est. payment | /mo
6 Beds
21 Baths
18,906 SqFt
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
Listed by Julio Ruiz Global Platinum Properties, Inc. #01911261
Nearby Locations
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