See all 5 photos
$1,500,000
Est. payment /mo
8 Beds
2,694 SqFt
Active
1518 E 51st Street Los Angeles, CA 90011
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Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 2,694 sqft
Price per Sqft $556
MLS Listing ID CL25520743
Bedrooms 8
HOA Y/N No
Year Built 1961
Lot Size 5,402 Sqft
Acres 0.12
Property Sub-Type OTHER
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
Zoning LAR2
Interior
Heating Wall Furnace
Cooling No Air Conditioning
Flooring Laminate
Fireplace No
Laundry Other
Building
New Construction No
Others
Tax ID 5106025004

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Listed by Aaron Mejia • Christie's International Real Estate SoCal