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1016 W 51st PlaceLos Angeles, CA 90037

For Sale

$799,000

Smart Buyer Rebate $7,475

2 DETACHED UNITS in the HEART LA! WITHIN 5 MINUTES FROM USC, LA MEMORIAL COLISEUM, BMO STADIUM AND 15 MINUTES FROM SOFI STADIUM, KIA FORUM, INTUIT DOME, CRYPTO ARENA & DTLA. Front unit shows an open floor concept with 3bedrooms+2baths (2bed+1bath on records) which will be delivered vacant at closing. Front unit has undergone renovation in the last 5-10 years in kitchen and bathrooms, new laundry area, HVAC system, electrical upgrade & rewire, flooring, windows and customized windows shutters. Front yard has beautiful and mature avocado, lemon, guava, orange & Japanese plum trees. Back unit shows 2bedrooms+1bath (1bed+1bath on records) which will be delivered with tenant in place. Back unit roof was replaced 3 years ago, windows and flooring replaced & kitchen updated within the last 5 years as well as electrical re-wire with sub-panel update. There is a newly cemented parking area in between the units and a one-car garage attached to the back unit available for new owner’s use Separate electrical & gas meters for each unit. Run before this one is gone!!

Listed by Jorge Rico

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License #01842469

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Rico and Rico Realty and Assoc

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5626400056

Last updated March 12, 2026

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Source: CRMLS #DW26037253

Listing Facts

  • TypeMulti-family
  • NeighborhoodVermont Square
  • Days on Prevu25

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

02/19/2026
Listed by Rico and Rico Realty and Assoc
$799,000

Property Details for 1016 W 51st Place

Association

Amenities

  • Community Features: Curbs, Sidewalks

Exterior

Construction

  • Number Of Units Total: 2
  • Stories: 1
  • Stories Total: 1
  • Year Built: 1923
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: Front

Measurements

  • Building Area Total: 1,752
  • Building Area Units: Square Feet
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Acres: 0.11
  • Lot Size Area: 4,881
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 4,881
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $59,640.00
  • Operating Expense: $59,640.00

Taxes

  • Parcel Number: 5002030019

Other

Location

  • Tax Lot: 8

Parking

Parking

  • Garage Spaces: 1
  • Garage: Yes
  • Open Parking Spaces: 1
  • Parking Total: 2

Utilities

Equipment

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 1016 W 51st Place.

Does this multi-family home have parking?

Yes, there is 1 parking space available for 1016 W 51st Place.

How does 1016 W 51st Place compare to other multi-family homes in Vermont Square?

This multi-family home is listed 30% below the average price for multi-family homes in Vermont Square and has been on the market for 87 less days than the typical home in this area.

1016 W 51st Place is a -bedroom multi-family home for sale in Los Angeles CA 90037. Listed on Prevu for 25 days at $799,000. This home is located in Vermont Square. The median listing price for multi-family homes in this area is $839,750. Additional amenities include parking. Browse more multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.