Multi-Family for sale in Southern California — $3,695,000. 8 beds · 21 baths · 18,906 sqft. Global Platinum Properties is proud to present a compelling 21 Unit mixed-use value-add opportunity in the heart of Vermont Square, one of South Los Angeles' most active and supply-constrained submarkets. Located at 5…
$3,695,000
5151 S Vermont Avenue, Los Angeles, CA 90037
Global Platinum Properties is proud to present a compelling 21 Unit mixed-use value-add opportunity in the heart of Vermont Square, one of South Los Angeles' most active and supply-constrained submarkets. Located at 5161 S Vermont Avenue, this corner, double-lot property offers investors a rare combination of strong in-place income, meaningful rental upside, redevelopment optionality, and abundant on-site parking. The asset consists of two buildings totaling 18,906 square feet of improvements, situated on a 17,280-square-foot C2-zoned lot, comprising three distinct parcels. The property features seven street-front retail units on the ground level and 14 apartment units on the second floor, providing diversified income across both residential and commercial tenants. Currently operating at a 5.95% cap rate, the property offers a clear path to an estimated 32% increase in rental income, driving returns to an 8.37% projected cap rate through hands-on management, rent optimization, and strategic improvements. Approximate 32% rental upside through rent growth and operational efficiencies.
Listing updated: May 26, 2026 at 12:20 AM
Listed by: Armin Soleimani, Global Platinum Properties, Inc.
Source: CRMLS, MLS#: 26835873, Originating MLS: California Regional MLS
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| Date | Event | Price |
|---|---|---|
5/18/2026 Source: CRMLS, #26835873 | Listed for sale | $3,695,000$195/sqft |
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