Los Angeles, CA 90011 1518 E 51st Street

1518 E 51st Street Los Angeles, CA - Image 11518 E 51st Street Los Angeles, CA - Image 21518 E 51st Street Los Angeles, CA - Image 3
0 more
1518 E 51st Street Los Angeles, CA - Image 4
Presented By: Aaron Mejia with Christie's International Real Estate SoCal;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# 25520743
  • 04/03/2025
  • Request Tour
  • Request Info
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 8
  • Baths • 4
  • SQFT • 2,694

Home Details

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!
Presented By: Aaron Mejia with Christie's International Real Estate SoCal;

Interior Features for 1518 E 51st Street

Bedrooms

Total Bedrooms8

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths4

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
FlooringLaminate
Heating Y/NYes
Laundry FeaturesOutside
Total Stories2

General for 1518 E 51st Street

Additional Parcels Y/NNo
Architectural StyleMidCenturyModern
Attached Garage No
Carport Y/NNo
CityLos Angeles
Community FeaturesGated
CoolingNone
CountyLos Angeles
DirectionsHead South on Alameda St. Turn right onto E 41st St. Turn left onto Compton Ave. Turn left onto E 51st St Destination will be on the left.
DisclosuresCityInspectionRequired
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
Gross Income0.0
HOANo
HeatingWallFurnace
High School DistrictLos Angeles Unified
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet5402.0
Lot Size UnitsSquareFeet
MLS AreaC42 - Downtown L.A.
MobileHomeRemainsYNNo
Net Operating Income0.0
New ConstructionNo
Number Of Units Total4
Occupancy TypeTenant
Open Parking Spaces6.0
PossessionCloseOfEscrow
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Security FeaturesGatedCommunity
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tenant PaysElectricity, Gas
Waterfront Y/NNo
Year Built1961
ZoningLAR2

Exterior for 1518 E 51st Street

Building Area Total2694.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.124
Lot Size Area5402.0
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesConcrete, Uncovered
Private PoolNo
SpaNo
Total Parking0.0

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $1,500,000
MLS#25520743
List Date 04/03/2025
Property Type Multi-Family
Phone 714.742.6515
Request Tour
Request Info
Visit My Website

Similar Properties to 1518 E 51st Street

Compare listings

Compare