1541 E 51St Street, Los Angeles, CA 90011
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Listed Price :
$899,000
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Beds :
8
-
Baths :
4
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Property Size :
3,036 sqft
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Year Built :
1961
Property Description
SELLER CAN DELIVER UNIT 1 VACANT BY CLOSE OF ESCROW! 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 has now recently been rented out. Landlord can vacate Unit 1 by close of escrow. Live in one unit while collecting rents! 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.
Interior Features
| Bedroom Information |
| Bedrooms |
8 |
| Bathroom Information |
| Bathrooms |
4 |
| Interior Information |
| Cooling Type |
None |
Listing Information
| Address |
1541 E 51St Street |
| City |
Los Angeles |
| State |
CA |
| Zip |
90011 |
| County |
Los Angeles |
| Listing Agent |
Sabina Yi DRE #01964836 |
| Co-Listing Agent |
Shawn S. Kormondy DRE #01451888 |
| Courtesy Of |
Keller Williams Beverly Hills |
| List Price |
$899,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
3,036 |
| Lot Size |
5,000 |
| Year Built |
1961 |
Listing information courtesy of: Sabina Yi, Shawn S. Kormondy, Keller Williams Beverly Hills. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:46 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
