$898,000
1537 51st Street, Los Angeles 90011
8
Beds
4
Baths
5,000
Lot Size
2
# Of Units
Listing Agent
Ronald Bentley - Equity Real Estate-Pacific CoastThis is a very desirable duplex. It features 2 units, each with 4 bedrooms and 2 bathrooms. There is also a separate 2 car Garage. It's been fully rented for years, very low turn over. Priced for a cap rate of 6%+ Security gate across the driveway. Current rents are below market. New owner could raise them and increase the cap rate. Current management company would like to remain in place but it is not required.
Facts & Features
| MLS® # | OC24056190 |
|---|---|
| Price | $898,000 |
| Bedrooms | 8 |
| Bathrooms | 4.00 |
| Lot Size | 5,000 |
| Year Built | 2010 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Status | Active |
| # Of Units | 2 |
Community Information
| Address | 1537 51st Street |
|---|---|
| Area | C42 - Downtown L.A. |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90011 |
Amenities
| Utilities | Electricity Connected, Sewer Connected |
|---|---|
| Parking Spaces | 4 |
| # of Garages | 2 |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Interior | Carpet, Tile |
|---|---|
| Appliances | Electric Range, Gas Range |
| Heating | Natural Gas, Wall Furnace |
| Has Basement | No |
| Fireplace | No |
| Fireplaces | None |
| # of Stories | 1 |
| Stories | One |
Exterior
| Exterior | Stucco |
|---|---|
| Lot Description | Street Level |
| Windows | Double Pane Windows |
| Roof | Asbestos Shingle |
| Construction | Stucco |
Additional Information
| Date Listed | March 20th, 2024 |
|---|---|
| Days on Market | 48 |
| Zoning | LAR2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Ronald Bentley |
|---|---|
| Office | Equity Real Estate-Pacific Coast |