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
Two
Exterior
Common Walls
1 Common Wall
Parking Features
Gated
Parking Spots
25
Parking Total
25
Stories
2
View
City Lights
Financial
Map
Community
- Address5151 S Vermont AV Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90037
Subdivisions in Los Angeles
- #5666 lot 114
- 12471
- 27003
- 32524
- ARLINGTON HEIGHTS TERRACE SUBDIVISION NO. 1
- Bel Air
- BEL AIR CREST
- Biscuit Company Lofts
- Brentwood Country Estates
- Bungalow Land
- Canyon Shores
- Cedar Lodge
- Culver District 16
- Doheny Estates
- Downtown
- Elysian Valley
- Floristan Hts
- Glen Terrace
- Gramercy Park
- Hacienda Tularosa
- Highland Park Extension
- Hollywood Dell
- Koreatown, Los Angeles
- Lago Vista
- Las Collinas Heights
- LE MOYNE TERRACES TRACT NO. 2
- Los Angeles Southwest C 34
- Lucile Court
- Metropolis
- Metropolis Residences
- Nelavida
- North Burbank Blvd./ South Oxnard St./ West Vinela
- Not Applicable – 1007242
- Not Applicable-105
- Ocean Park Villa
- OTHR
- Outpost Estates
- Palisades Country Estates
- Park Place
- Picfair Village
- Pickford Court
- Savoy
- Silver Strand
- Subdivision Name / Tract: 5609
- The Hollywood Residences
- THE LONGFORD
- The Los Feliz Oaks
- The Ritz Carlton Residences
- The Sanborn Collection
- TRACT NO 28826 CONDOMINIUM UNIT 6
- Tract No. 10636
- Tract No. 8131
- Tract. No. 1033
- Walter’s Moneta Ave and Figueroa St Tract
- Westmont WMON
- Winton & McLeods Figueroa Tract
Market Summary
Current real estate data for Single Family in Los Angeles as of Oct 29, 2026
5,820
Single Family Listed
95
Avg DOM
512
Avg $ / SqFt
$1,917,691
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 $512. The average listing price for Single Family in Los Angeles is $1,917,691.
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5151 S Vermont AV
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