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1248 W 51st PlaceLos Angeles, CA 90037

For Sale

$625,000

Smart Buyer Rebate $3,125

****Exceptional Value-Add Triplex Opportunity**** Two Units Delivered Vacant. Unlock the potential of this rare tri-plex, centrally located in the desirable Vermount Square neighborhood is ideal for investors, owner-users, or anyone looking to capitalize on significant upside. Situated on a generous lot, this property consists of a vacant front single-family residence with 3 bedrooms, plus two rear single units, one of which will also be delivered vacant at closing. Perfect for a buyer who can envision the possibilities. Property is a fixer and is being sold in as-is condition, offering the freedom to renovate, reconfigure, or reposition to your investment strategy. Whether you're planning to modernize the existing units, bring rents to market, or explore expansion potential (buyer to verify), this asset provides a strong foundation with room to grow. The vacant 3-bedroom front home is ready for immediate improvement or occupancy, making it an excellent choice for those interested in living on-site while renovating or for investors seeking a head start on stabilization. The second vacant single provides additional flexibility for upgrading, leasing, or redesigning for maximum return. Located near major transportation routes, shopping, dining, and employment centers, this area continues to attract consistent demand supporting long-term value and future rental growth. Opportunities with multiple vacant units, true add-value potential, and endless possibilities are increasingly hard to find. Don't miss the chance to transform this diamond in the rough into a standout income-producing property.

Listed by Sandra Green-Murray

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License #01059811

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SG Murray & Assoc/Playa Marina

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310-827-7802

Last updated December 12, 2025

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Source: CRMLS #25625577

Listing Facts

  • TypeMulti-family
  • NeighborhoodVermont Square
  • Bedrooms5
  • Days on Prevu9
  • Size2,068 sqft
  • Price per sqft$302

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Parking

Location

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Listing History

12/04/2025
Listed by SG Murray & Assoc/Playa Marina
$625,000

Property Details for 1248 W 51st Place

Association

Amenities

  • Community Features: Gated

Exterior

Construction

  • Number Of Units Total: 3
  • Property Condition: Fixer
  • Roof: Shingle
  • Stories: 1
  • Stories Total: 1
  • Year Built: 1924
  • Architectural Style: Craftsman
  • Construction Materials: Stucco
  • Entry Location: Ground Level w/steps

Features

  • Patio And Porch Features: Front Porch

Measurements

  • Building Area Total: 2,068
  • Lot Features: Landscaped, Yard
  • Lot Size Acres: 0.11
  • Lot Size Area: 5,100
  • Lot Size Square Feet: 5,100
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 5002002029

Interior

Features

  • Appliances: Dishwasher, Refrigerator
  • Fireplace Features: Bath, Dining Room, Living Room
  • Fireplace: Yes
  • Flooring: Tile, Vinyl, Wood
  • Interior Features: Ceiling Fan(s)

Measurements

  • Living Area: 2,068

Rooms

  • Bathrooms Total Integer: 3
  • Bedrooms Total: 5

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 5 bedrooms in this multi-family home at 1248 W 51st Place.

How does 1248 W 51st Place compare to other multi-family homes in Vermont Square?

This multi-family home is listed 45% below the average price for multi-family homes in Vermont Square and has been on the market for 103 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 2,068 sqft.

1248 W 51st Place is a 5-bedroom multi-family home for sale in Los Angeles CA 90037. Listed on Prevu for 9 days at $625,000. This home features 2,068 square feet of living space, located in Vermont Square. The median listing price for multi-family homes in this area is $839,750. Additional amenities include private outdoor space, dishwasher, and parking. Explore 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.