5
See all 5 photos
$1,500,000
Est. payment /mo
8 Beds
4 Baths
2,694 SqFt
New
1518 E 51st ST Los Angeles, CA 90011
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,694 sqft
Price per Sqft $556
MLS Listing ID 25520743
Bedrooms 8
HOA Y/N No
Year Built 1961
Lot Size 5,401 Sqft
Property Description
Discover this well-maintained two-story, four-unit property an ideal opportunity for both investors and owner-occupants! Each unit features 2 bedrooms and 1 bath and is currently collecting Market Rent, making this a turnkey investment in a high demand rental market. With potential conventional financing options as low as 5% down for owner-occupants (on up to four units), this is a rare chance to build wealth through real estate while living in one unit and renting out the others. Centrally located near major freeways (10, 110, 5, 710), this property provides easy access to USC, Downtown LA, schools, parks, shopping centers, and the Metro Blue Line. Additional features include an on-site laundry facility, gated parking, and nearby public transportation for added convenience.Don't miss out on this versatile investment opportunity whether you're looking to expand your portfolio or secure a home with rental income potential, this property checks all the boxes!
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LAR2
Interior
Heating Wall Furnace
Cooling None
Flooring Laminate
Fireplace No
Laundry Outside
Exterior
Parking Features Concrete, Uncovered
Community Features Gated
Building
Story 2
Entry Level Two
Architectural Style Mid-Century Modern
Level or Stories Two
New Construction No
Schools
School District Los Angeles Unified
Others
Senior Community No
Tax ID 5106025004
Security Features Gated Community
Special Listing Condition Standard
Listed by Aaron Mejia • Christie's International Real Estate SoCal
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