Multi-Family: MLS #0026833837 Los Angeles, CA ^$ 3,595,000

Multi-Family: MLS #0026833837

^$ 3,595,000

Back to search

Multi-Family: MLS #0026833837

Los Angeles, CA, 90037

^$ 3,595,000

Studio Baths0.0

Monthly Estimate*

^$ 22,699

Studio

Multi-Family Home for sale in Los Angeles, CA

for $3,595,000. This home was built in 1924.

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 carries an average in-place rent of $1,251 against a $1,821 market, and the 17,280 SF C2- 1VL-CPIO site sits within a Tier 3 Transit Oriented Communities zone supporting, by right, a development program of up to 150 units.

Multi-Family Active

Price

^$ 3,595,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Multi Family

Year Built

1924

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0026833837

Features

General

Zoning LAC2

Security Features Gated Community

Year Built 1924

Property Subtype Multi Family

County Los Angeles

Property Type Commercial Sale

Status Active

City Los Angeles

MLS Area C34 - Los Angeles SW

Standard Status Active

Interior

Total Stories 2

Total Baths 0

Exterior

Lot Size Area 17281

* Excluded Features

List By

Armin Soleimani

Listing Agent

Global Platinum Properties, Inc.

Broker

arminsoleimani@gmail.com

Affordability Calculator

$22,699

Per Month

Monthly Principal & Interest: $22,699
Monthly Property Taxes: --
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,855,685

Percent of Sale Price 48%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

0 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/21/2026	$3,595,000	-2.71%	Price Down
5/14/2026	$3,695,000		Listed Price

Map

More homes like this one

homes for you

See all

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 8/21/2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

Multi-Family: MLS #0026833837

Multi-Family Home for sale in Los Angeles, CA

Affordability Calculator

Map

More homes like this one

Get more info about this home