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1541 E 51st Street, Los Angeles CA 90011
1541 E 51st Street, Los Angeles CA 90011
1541 E 51st Street, Los Angeles CA 90011
1541 E 51st Street, Los Angeles CA 90011
1541 E 51st Street, Los Angeles CA 90011
1541 E 51st Street, Los Angeles CA 90011
1541 E 51st Street, Los Angeles CA 90011
1541 E 51st Street, Los Angeles CA 90011
1541 E 51st Street, Los Angeles CA 90011
1541 E 51st Street, Los Angeles CA 90011
1541 E 51st Street, Los Angeles CA 90011
1541 E 51st Street, Los Angeles CA 90011
1541 E 51st Street, Los Angeles CA 90011
1541 E 51st Street, Los Angeles CA 90011
California>Los Angeles>Central Alameda

1541 E 51st StreetLos Angeles, CA 90011

For Sale

$899,000

Smart Buyer Rebate $8,990

SELLER CAN DELIVER UNIT 1 VACANT BY CLOSE OF ESCROW! Great opportunity to purchase a well-maintained 4-unit apartment complex located in South LA. The complex is appx 3,036 SF on 5,000 SF lot, consists of 4 units in total- each 2BR/1BA, with four uncovered parking spaces in the back. Unit 4 has just completed renovations and has now recently been rented out. Landlord can vacate Unit 1 by close of escrow. Live in one unit while collecting rents! Property also includes new roof (2022), individual electrical panels, all units separately metered, and each unit with own water heater. No laundry on site. The property is subject to rent control with significant rent upside. The seller will not relocate any of the exiting tenants. Centrally located just minutes from USC, DTLA, and many parks and museums nearby, along with many restaurants and shops, and easy access to freeways and transportation.

Listed by Sabina Yi

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License #01964836

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Keller Williams Beverly Hills

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13236387567

Listed by Shawn S. Kormondy

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License #01451888

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Keller Williams Beverly Hills

Last updated December 04, 2024

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Source: CRMLS #24375173

Listing Facts

  • TypeMulti-family
  • NeighborhoodCentral Alameda
  • Bedrooms8
  • Days on Prevu523
  • Size3,036 sqft
  • Price per sqft$296

Amenities

  • Dishwasher
  • Parking

Location

Mortgage Calculator

Listing History

09/17/2024
Status changed to Active
$899,000
09/17/2024
Status changed to Removed from Feed
$899,000
08/03/2024
Status changed to Active
$899,000
08/01/2024
Status changed to Removed from Feed
$899,000
07/26/2024
Price Decreased
$899,000
05/22/2024
Status changed to Active
$949,000
04/08/2024
Status changed to Removed from Feed
$949,000
04/01/2024
Listed by Keller Williams Beverly Hills
$949,000

Property Details for 1541 E 51st Street

Association

Amenities

  • Community Features: Gated

Exterior

Construction

  • Number Of Units Total: 4
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1961
  • Architectural Style: Traditional

Measurements

  • Building Area Total: 3,036
  • Lot Size Acres: 0.11
  • Lot Size Area: 5,000
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 5,000
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 4.35
  • Gross Income: $60,132.00

Taxes

  • Parcel Number: 5106023029

Interior

Features

  • Appliances: Dishwasher, Refrigerator

Measurements

  • Living Area: 3,036
  • Living Area Source: Assessor

Rooms

  • Bathrooms Total Integer: 4
  • Bedrooms Total: 8

Parking

Parking

  • Open Parking Spaces: 4
  • Parking Features: Gated, Uncovered
  • Parking Total: 4

Utilities

Equipment

  • Heating: Wall Furnace
  • Has Heating: Yes

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.