Los Angeles, CA 90011,1518 E 51st St
Los Angeles, CA 90011,1518 E 51st St
Los Angeles, CA 90011,1518 E 51st St
5
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$1,500,000
Est. payment /mo
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8 Beds
4 Baths
2,694 SqFt
New

1518 E 51st St Los Angeles, CA 90011

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,694 sqft

Price per Sqft $556

MLS Listing ID 25520743

Style Mid-Century

Bedrooms 8

Year Built 1961

Lot Size 5,402 Sqft

Acres 0.124

Property Sub-Type Multi-Family

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 Downtown L.A.

Zoning LAR2

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Flooring Laminate

Equipment None

Laundry Outside, Laundry Area

Exterior

Parking Features Driveway - Concrete, Driveway Gate, Uncovered

Building

Story 2

Architectural Style Mid-Century

Level or Stories Two

Schools

School District Los Angeles Unified

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Christie's International Real Estate SoCal
agent
Nikki Bonifatto

Agent | RE. S.0175996

+1(702) 467-7343 | nbonifatto@gmail.com

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1518 E 51st St