$3,595,000
5161 S Vermont Avenue
Los Angeles, CA 90037
6
Beds
21
Baths
18,906
Sq. Ft.
1922
Year Built
Los Angeles
County
ResidentialIncome
Property Type
About this home
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.
Property Details
Architecture
Features & Amenities
Property Features
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Mortgage Estimate
$19,134/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
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