5161 S Vermont Avenue, Los Angeles, CA 90037
5161 S Vermont Avenue, Los Angeles, CA 90037
5161 S Vermont Avenue, Los Angeles, CA 90037
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Parisa Samimi

Parisa Samimi

+1(510) 410-4050
$3,595,000
Est. payment /mo
18,906 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 18,906 sqft

Price per Sqft $190

MLS Listing ID CL26855205

HOA Y/N No

Year Built 1922

Lot Size 0.397 Acres

Acres 0.3967

Property Sub-Type Other

Property Description

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.

Location

State CA

County Los Angeles

Zoning LAC2

Interior

Heating Wall Furnace

Fireplace No

Building

New Construction No

Others

Tax ID 5002030018

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Bridge MLS
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Julio Ruiz • Global Platinum Properties, Inc.

NEARBY SCHOOL & BUSINESS

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Parisa Samimi

Parisa Samimi

+1(510) 410-4050

Founder & Real Estate Broker | License ID: 01858122

Founder & Real Estate Broker License ID: 01858122

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5161 S Vermont Avenue