1541 E 51st Street
Los Angeles, CA 90011
- – beds
- – baths
- – sqft
- 5,000 sqft lot
- 1961 build
- – on site
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.
Listed By CRMLS_CA / Sabina Yi / Keller Williams Beverly Hills
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Last updated Apr 9, 2024
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MLS# 24375173 —
This property is listed in more than one place. See it here.
Walk Score®
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Bike Score®
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Transit Score®
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Soundscore™
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Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/1/24
Apr 1, 2024
|
Listed / Active | CRMLS_CA | $949,000 | 77.4% (13.4% / YR) |
6/25/18
Jun 25, 2018
|
CRMLS_CA | $535,000 |