Property Detail

Description

Global Platinum Properties is proud to present a compelling mixedusevalue-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 sevenstreet-front retail units on the ground level and 14 apartment unitson the second floor, providing diversified income across bothresidential 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.