1518 E 51st St new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90011
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,694 sqft
Price per Sqft $556
MLS Listing ID 25520743
Style Mid-Century
Bedrooms 8
Year Built 1961
Lot Size 5,402 Sqft
Acres 0.124
Property Sub-Type Multi-Family
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
Area Downtown L.A.
Zoning LAR2
Rooms
Other Rooms None
Interior
Heating Wall
Cooling None
Flooring Laminate
Equipment None
Laundry Outside, Laundry Area
Exterior
Parking Features Driveway - Concrete, Driveway Gate, Uncovered
Building
Story 2
Architectural Style Mid-Century
Level or Stories Two
Schools
School District Los Angeles Unified
Others
Special Listing Condition Standard