Homes for sale - 1518 E 51st ST, Los Angeles, CA 90011

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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$1,500,000

Est. payment - /mo

8 Beds

4 Baths

2,694 SqFt

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UPDATED:

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

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Listed by Aaron Mejia • Christie's International Real Estate SoCal

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Serving Southern California

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