416 W 51st Street
Los Angeles, CA 90037
- – beds
- – baths
- – sqft
- 5,504 sqft lot
- 1908 build
- – on site
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Welcome to Vermont square an up and coming neighborhood zoned LARD2, and within minutes to Downtown Los Angeles. This triplex income property has an extra unit for a total of four units. This brings an incredible opportunity for value-add investors, cashflow investors, buy and hold investors, or you can “house hack” by living in one unit and renting out the other three units. In addition, it has great potential for rent growth & accessory dwelling unit conversion for substantial upside with the existing use. The first unit is a spacious 2 bedroom 2 bath with a basement. The second unit is a 1 bedroom 1 bathroom, and the third unit is VACANT with 1 bedroom and 1 bath. The fourth extra unit is a 1 bed and 1 bath. There is vast amounts of parking space on the lot, enough for all 3 occupants to park their cars with seamless access to the driveway. Also, the backyard is huge and has a 2 car garage that can potentially be converted into an accessory dwelling unit. This neighborhood is yet to be unlocked and explode in value in Los Angeles and it’s centrally located near the University of Southern California, The iconic LA Memorial Coliseum, LAFC stadium, major freeways 110, 10, 105, stores & shops, and minutes away from the vibrant DTLA.
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Last updated Apr 17, 2024
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MLS# PW20252325 —
Walk Score®
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Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
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Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
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Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/14/21
May 14, 2021
|
Sold | CRMLS_CA | $600,000 | 22.4% |
|
4/15/21
Apr 15, 2021
|
Pending | CRMLS_CA | $490,000 | |
|
3/31/21
Mar 31, 2021
|
Relisted | CRMLS_CA | $490,000 |