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!
For sale
$1,500,000
1518 E 51st St, Los Angeles, CA 90011
8beds
4baths
2,694sqft
Est.:
Multi Family
Built in 1961
-- sqft lot
$1,471,300 Zestimate®
$557/sqft
$-- HOA
What's special
- 54 days
- on Zillow |
- 81 |
- 3 |
Zillow last checked: 7 hours ago
Listing updated: April 10, 2025 at 05:08pm
Listed by:
Aaron Mejia DRE # 01896881 310-497-2029,
Christie's International Real Estate SoCal 424-249-7162,
Tahir Alakbarov DRE # 02225552 310-447-5858,
Christie's International Real Estate SoCal
Source: CLAW,MLS#: 25520743

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Wall
Cooling
- None
Appliances
- Included: No Cooking Appliances
- Laundry: Outside, Laundry Area
Features
- Flooring: Laminate
Interior area
- Total structure area: 2,694
- Total interior livable area: 2,694 sqft
Property
Parking
- Total spaces: 6
- Parking features: Concrete, Driveway Gate, Open
- Uncovered spaces: 6
Features
- Levels: Two
- Stories: 2
Lot
- Size: 5,401.44 Square Feet
Details
- Additional structures: None
- Parcel number: 5106025004
- Zoning: LAR2
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Mid-Century
- Property subtype: Multi Family
Condition
- Year built: 1961
Community & HOA
Community
- Security: Gated
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $557/sqft
- Tax assessed value: $1,033,492
- Annual tax amount: $12,849
- Date on market: 4/3/2025
- Tenant pays: Electricity, Gas
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