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.
Property Details
Price:
$3,595,000
MLS #:
26835873
Status:
Active
Beds:
8
Baths:
21
Type:
Single Family
Neighborhood:
c34losangelessouthwest
Listed Date:
May 18, 2026
Finished Sq Ft:
18,906
Total Sq Ft:
18,906
Lot Size:
18,956 sqft / 0.44 acres (approx)
Year Built:
1924
See this Listing
Schools
Interior
Levels
U
Exterior
Common Walls
_1CW
Parking Spots
25
Parking Total
25
View
CI
Financial
Map
Community
- Address5151 S Vermont AV Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90037
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Sep 12, 2026
8,118
Single Family Listed
85
Avg DOM
429
Avg $ / SqFt
$1,572,646
Avg List Price
Property Summary
- 5151 S Vermont AV Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90037. It is listed for $3,595,000 and features 8 beds, 21 baths, and has approximately 18,906 square feet of living space, and was originally constructed in 1924. The current price per square foot is $190. The average price per square foot for Single Family listings in Los Angeles is $429. The average listing price for Single Family in Los Angeles is $1,572,646.
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