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5151-5161 Vermont Ave
Los Angeles, CA 90037 Vermont Harbor

$3,695,000 USD

Storefront Retail Residential For Sale  •  18,956 SF

Property Details

  • Property Type Storefront Retail Residential
  • Total Building Size 18,956 SF
  • Lot Size 0.4 AC
  • Building Class C
  • Year Built 1924
  • Cap Rate 5.95 %
  • Tenancy Multiple
  • Zoning LAC2
70 Transit Score
60 Walk Score

Highlights

Rare on-site surface parking for both residential and retail tenants
Highly visible corner of Vermont Avenue and 51st Place
High-Yield Stability: 7 retail stores and 14 apartments offer immediate cash flow while entitling the future vision.
Triple-Lot Footprint: Rare 0.35+ acre assembly providing the scale necessary for a landmark architectural project.
Infrastructure Legacy: Benefit from permanent streetscape improvements and neighborhood revitalization funded by the 2028 Olympic legacy.
Gated Security: 25-space secured parking lot provides a premium amenity that is highly scarce in the South Los Angeles submarket.

Financial Summary (Actual)

Net Operating Income: $230,271 USD (2025)
Cap Rate: 5.95 %
Total Expenses: $113,685 USD

Major Tenants

Tenant SF Occupied Lease End Date
Gils Auto Parts
Yasmine Mini Market

Public Transportation

Commuter RailDriveWalkDistance
12 min - 6.8 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 14 min - 7.0 mi
AirportDriveWalkDistance
Los Angeles International 20 min - 9.4 mi
Long Beach (Daugherty Field) 27 min - 18.9 mi
Bob Hope 32 min - 22.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 26
Type: Surface
Included in Rent: Yes
Armin Soleimani 310-666-2246 Global Platinum Properties
Armin Soleimani 310-666-2246 Global Platinum Properties