23
See all 23 photos
$1,245,000
Est. payment /mo
12 Beds
8 Baths
3,326 SqFt
New
532 W 51st ST Los Angeles, CA 90037
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,326 sqft
Price per Sqft $374
MLS Listing ID 26106412
Bedrooms 12
HOA Y/N No
Year Built 1965
Lot Size 5,505 Sqft
Property Description
** REMODELED and DELIVERED VACANT with 9.12%+ PROJECTED CAP RATE. Rare turnkey 4-unit property with 12 BD / 8 BA, fully remodeled and delivered vacant, minutes from USC and Downtown LA. Projected gross rents are $11,700/month ($140,400/year), a return that's hard to find in today's LA market. The mix is a 4+3, two 3+2s, and a 2+1, including a brand-new 2026 ADU. Upgrades include a new roof, stucco, paint, electrical, plumbing, windows, HVAC, tankless water heaters, flooring, doors, granite counters, and upgraded baths, with zero deferred maintenance, so there's no capital expense eating into your return. Set your rents and choose your tenants from day one. Ideal for market-rate rentals, student housing, senior care, or a licensed care facility (buyer to verify). Owner-users can live in one unit and rent the other three. BD/BA count may differ from recorded title. Buyer to verify all information.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LARD2
Interior
Heating Heat Pump
Fireplace No
Appliance Disposal
Exterior
Parking Features None
Total Parking Spaces 4
Building
Story 2
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5001032005
Special Listing Condition Standard
Listed by Farhoud Bastanfar Keller Williams Encino/Sherman Oaks #01738433
NEARBY SCHOOL & BUSINESS
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