$ 3,595,000
-
$3,595,000
Price -
1
Bed -
3
Bath -
18,906
SqFt -
0.4
Acre
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About the Listing CLW-X82397 - CLW-C131070,CLW-C120232
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.
Listing Highlights for 5161 S Vermont Ave
Status
Active
Days on Site
106
Property Type
Multi-Family
MLS ®
26855205
Year Built
1922
Total Square Footage
18,906
Lot/Acreage
0.4
County
Los Angeles
Interior Details
- Bedrooms: 1
- Bathrooms: 3 Full
- Appliances: Refrigerator
- Air Cond:
- Heating: Wall Furnace
- Fireplaces:
- Floor:
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 26
- Zoning: LAC2
- Roof:
- Others: 2+ Total Units
- Sewer:
- Parking Features: Gated
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5002030018
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
5161 S Vermont Ave Los Angeles, CA 90037
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