714-745-2708

5151 S Vermont Avenue, Los Angeles, CA 90037

$3,595,000 Approx. USD 8 beds, 21 baths
18,906 sqft

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Marketed By The Keaty Team

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Photo of Kevin Keaty

Marketed By The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
714-745-2708 o
Lic#: 01276603
NRDS ID: 187514104
thekeatyteam@bhhscal.com Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700

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Listing Agent

Armin Soleimani | arminsoleimani@gmail.com
Lic#: 01846872
Broker: Courtesy of Global Platinum Properties, Inc.
Phone: 310-666-2246

Co Listing Agent

Julio Ruiz | ziuroiluj@gmail.com
Lic#: 01911261
Broker: Courtesy of Global Platinum Properties, Inc.
Phone: 818-524-0706

Agent Remarks

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.

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 26835873

List price is $3,595,000 Reduced by $100,000 on 8/21/2026

Price: $3,595,000

Beds: 8

Baths: 21

Built in 1924

18,906 sqft

2 stories

0.44 acres

Lot size: 0.4352

County: Los Angeles

Zoning: LAC2

Parking description: Gated

MLS area: C34 - Los Angeles Southwest

Last Updated: 8/21/2026

Days On Market (DOM): 131

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This listing belongs to the C34 - Los Angeles Southwest MLS area

Lat/Long: 33.995824, -118.291861.
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Source: CRM. Also Available in 26833837,

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