24
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$899,000
Est. payment /mo
8 BD
4 BA
3,036 SqFt
Active
1541 E 51st ST Los Angeles, CA 90011
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UPDATED:
12/05/2024 02:24 AM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,036 sqft
Price per Sqft $296
MLS Listing ID 24375173
Bedrooms 8
HOA Y/N No
Year Built 1961
Lot Size 5,000 Sqft
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.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LAR2
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Appliance Dishwasher, Refrigerator
Exterior
Parking Features Gated, Uncovered
Community Features Gated
Total Parking Spaces 4
Building
Story 2
Entry Level Two,Multi/Split
Architectural Style Traditional
Level or Stories Two, Multi/Split
New Construction No
Others
Senior Community No
Tax ID 5106023029
Security Features Gated Community
Special Listing Condition Standard
Listed by Sabina Yi • Keller Williams Beverly Hills
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