1541 E 51st Street, Los Angeles, CA 90011

  • $949,000
  • $313
1541 E 51st Street, Los Angeles, CA 90011
  • Residential Income
  • Property Type
  • 8
  • Bedrooms
  • 4
  • Bathrooms
  • 3036.00
  • Sqft
  • 1961
  • Year Built
For Sale

1541 E 51st Street, Los Angeles, CA 90011

1541 E 51st Street, Los Angeles, CA 90011
  • $949,000
  • $313

Description

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 will be delivered vacant and ready to be rented out. Landlord can also vacate a 2nd unit by close of escrow. Live in one unit while collecting rents! Rents can be increased June 2024. 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.

  • Address 1541 E 51st Street
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90011
  • Area C42 - Downtown L.A.
  • Country United States

Details

Updated on May 16, 2024 at 7:54 am
  • Property ID: 10173946
  • Price: $949,000
  • Property Size: 3036.00 Sqft
  • Land Area: 5000.00 Sqft
  • Bedrooms: 8
  • Bathrooms: 4
  • Year Built: 1961
  • Property Type: Residential Income
  • Property Status: For Sale
  • Living Area: 3036.00
  • MLS#: 24375173
  • Office Name: KELLER WILLIAMS BEVERLY HILLS
  • Agent Name: Sabina Yi
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Co-Office Name: Keller Williams Beverly Hills
  • Co-Agent Name: Shawn S. Kormondy
  • Agent State License: 01964836
  • Co-Agent State License: 01451888

Additional details

  • Cooling: None
  • Heating: Wall Furnace
  • County: Los Angeles
  • Parking: 4.00

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Bill Qin
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Bill Qin
  • Bill Qin