****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
Mortgage Calculator
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.
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.