$949,000
1541 51st Street, Los Angeles 90011
8
Beds
4
Baths
3,036
Square feet
5,000
Lot Size
4
# Of Units
Listing Agent
Sabina Yi - Keller Williams Beverly HillsGreat 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 will be delivered vacant and is currently be renovated. Live in one unit while collecting rents. Rents can be increased June 2024. Possibility for buyer to vacant another unit. 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.
Facts & Features
| MLS® # | 24375173 |
|---|---|
| Price | $949,000 |
| Bedrooms | 8 |
| Bathrooms | 4.00 |
| Square Footage | 3,036 |
| Lot Size | 5,000 |
| Year Built | 1961 |
| Type | Residential Income |
| Style | Traditional |
| Status | Active |
| # Of Units | 4 |
Community Information
| Address | 1541 51st Street |
|---|---|
| Area | C42 - Downtown L.A. |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90011 |
Amenities
| Parking Spaces | 4 |
|---|---|
| Parking | Gated, Uncovered |
| Garages | Gated, Uncovered |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Dishwasher, Refrigerator |
|---|---|
| Heating | Wall Furnace |
| Cooling | None |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two, Multi/Split |
Additional Information
| Date Listed | April 1st, 2024 |
|---|---|
| Days on Market | 30 |
| Zoning | LAR2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Sabina Yi |
|---|---|
| Office | Keller Williams Beverly Hills |