$1,400,000
606 51st Street, Los Angeles 90011
5
Beds
5
Baths
2,870
Square feet
9,937
Lot Size
6
# Of Units
Listing Agent
Shahram Shamounpour - Keller Williams Realty WestsideThe Avalon Park Development, a 9,937SF C2, Tier 1 TOC development site is located within the heart of South LA, across the street from the 20-acre South Park that encompasses walking paths, a baseball diamond (lighted), basketball courts (lighted), and a seasonal pool. 606 E 51st St provides a developer with the opportunity to build up to a maximum of 38 units (Buyer to verify). The property is 80 feet in width and 125 feet in depth, with a 15-foot wide alley on the East property line. The property is currently improved with 6 detached bungalow structures; all one-bedroom + one-bathroom units. With the existing rents, the property presently provides a value-add investor with over 90+% of rental upside. Contact the listing broker today for additional information.
Facts & Features
| MLS® # | 23234037 |
|---|---|
| Price | $1,400,000 |
| Bedrooms | 5 |
| Bathrooms | 5.00 |
| Square Footage | 2,870 |
| Lot Size | 9,937 |
| Year Built | 1915 |
| Type | Residential Income |
| Status | Active Under Contract |
| # Of Units | 6 |
Community Information
| Address | 606 51st Street |
|---|---|
| Area | C42 - Downtown L.A. |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90011 |
Amenities
| Parking Spaces | 6 |
|---|---|
| Parking | None |
| Garages | None |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Wall Furnace |
|---|---|
| Cooling | None |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 1 |
| Stories | One |
Additional Information
| Date Listed | January 19th, 2023 |
|---|---|
| Days on Market | 488 |
| Zoning | LAC2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Shahram Shamounpour |
|---|---|
| Office | Keller Williams Realty Westside |