5151 S Vermont Ave , Los Angeles, CA 90037
$3,595,000
Est. Payment: $19,199.82/mo
2 Bed
3 Bath
18906 Sqft
Status: Active | Days on site: 95
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CLW-X82397 - CLW-C120232,CLW-C131070
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House Description

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 right, a development program of up to 150 units.

Highlights

Listed by Armin Soleimani , 310-666-2246 and Julio Ruiz , 818-524-0706 Global Platinum Properties, Inc. , 424-394-1030. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.44

Year Built

1924

County

Los Angeles

Area

C34 - Los Angeles Southwest

Listing ID

26835873

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:3
  • Full Bathrooms:0

Exterior Features

Lot:No Land Lease
Garage Capacity:25
Zoning:LAC2
Others:
  • Additional:2+ Total Units
Parking Features:Gated
Principal Interest
$19,200
Taxes
$2,292

Home Price

$3,595,000

Loan Details

30 yrs
7.034%

Down Payment

20%
$719,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$19,199.82

Principal

Taxes

Principal Taxes HOA Total
Monthly $19,199.82 $2,291.81 $0.00 $21,491.63
Yearly $230,397.79 $27,501.75 $0.00 $257,899.54
Total $6,911,933.82 $825,052.50 $0.00 $7,736,986.32

Today's Rates

30 Year

7.03%

20 Year

7.02%

15 Year

6.38%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-23T03:02:51.000Z

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