$ 3,595,000
-
$3,595,000
Price -
6
Bed -
21
Bath -
18,906
SqFt
NEW! Buy and sell safely with virtual options - Learn More
About the Listing X82397 - C131070
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
Status
Active
Days on Site
35
Property Type
Multi-Family
MLS ®
26855205
Year Built
1922
Total Square Footage
18,906
Lot/Acreage
0.12
County
Los Angeles
Interior Details
- Bedrooms: 6
- Bathrooms: 21 Full
- Appliances:
- Air Cond: Ceiling Fan
- Heating: Wall
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 26
- Zoning: LAC2
- Roof:
- Others:
- Sewer:
- Parking Features: Gated
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
5161 S Vermont Ave Los Angeles, CA 90037
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
