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1541 E 51st St
Los Angeles CA 90011 US

$949,000

Active Listing ID 24-375173
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8 bed
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Lot: 0.11 Acres
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Other

$949,000

Active Listing ID 24-375173
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1541 E 51st St 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 will be delivered vacant and is currently be renovated. Live in one unit while collecting rents. Rents can be increased June 2024. Possibility for buyer to vacant another unit. 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.

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Property Features

  • Facts
  • Lot Size: 0.11 Acres
  • Property Type: Residential
  • Property Sub-type: Other

Property

  • propertytype: Residential
  • propertysubtype: Other
  • listprice: 949000
  • unparsedaddress: 1541 E 51st St
  • postalcity: Los Angeles
  • stateorprovince: CA
  • country: US
  • postalcode: 90011
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.1148
  • lotsizeunits: Acres
  • lotsizearea: 0.1148
  • livingarea: 3036
  • livingareaunits: Square Feet
  • listagentfullname: Sabina Yi
  • listagentemail: sabina@skorreg.com
  • listagentkey: 3yd-CLAWCA-C122620
  • listagentmlsid: C122620
  • listagentpreferredphone: 3104326400
  • listagentofficephone: 3104326400
  • listofficekey: 3yd-CLAWCA-X74054
  • listofficemlsid: X74054
  • disclaimer: Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CLAWCA
  • yearbuilt: 1961
  • listingcontractdate: 2024-04-01
  • listagenturl: http://beverlyhills.yourkwoffice.com/home
  • countyorparish: Los Angeles
  • parcelnumber: 5106-023-029
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 4
  • parkingfeatures: Gated
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • architecturalstyle: New Traditional
  • rooms: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
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Listing Changed: 4/3/2024 4:07:59 PM GMT
Source Updated Date: 5/3/2024 6:56:11 AM GMT

Courtesy of: Sabina Yi, Keller Williams Beverly Hills, sabina@skorreg.com

Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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