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For Sale

1518 E 51st Street

1518 E 51st St, Los Angeles, CA 90011

$1,500,000

NOW LEASING

This property is now available for lease at $12,000/mo.

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$1,500,000

1518 E 51st Street

8 Beds 4 Baths 2,694 Sq.Ft.

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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!

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Location

1518 E 51st St, Los Angeles, CA 90011

Status

For Sale

Aaron Mejia

title Director
PHONE (562) 413-4717
EMAIL [email protected]
DRE # 01896881

Tahir Alakbarov

title Agent
PHONE (310) 447-5858
EMAIL [email protected]
DRE # 02225552

Features & Amenities

Interior

total bedrooms8
Total bathrooms4
Laundry room Outside, Laundry Area
Flooring Laminate
APPLIANCES None

Area & Lot

Status For Sale
Living Area2,694 Sq.Ft.
Lot Area5,402 Sq.Ft.
MLS® ID25520743
TypeMulti-Family
YEAR BUILT1961
NeighborhoodLos Angeles
School DistrictLos Angeles Unified

Exterior

STORIES2
parkingDriveway - Concrete, Driveway Gate, Uncovered
HEAT TYPEWall
AIR CONDITIONINGNone
security FeaturesGated

Financial

Sales Price$1,500,000
Zoning LAR2

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Contact Details

Phone

310.893.8300

[email protected]

Address

433 N Camden Dr, Suite 600 Beverly Hills, CA 90210 11911 San Vicente Blvd, Suite 390 Los Angeles, CA 90049 15760 Ventura Blvd, Suite 100 Encino, CA 91436 680 E Colorado Blvd, Suite 180 Pasadena, CA 91101 2121 East Coast Hwy #180 Corona Del Mar, CA 92625 CA DRE# 01527644

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By providing Christie’s International Real Estate Southern California your contact information, you acknowledge and agree to our Privacy Policy and consent to receiving marketing communications, including through automated calls, texts, and emails, some of which may use artificial or prerecorded voices. This consent isn’t necessary for purchasing any products or services and you may opt out at any time. To opt out from texts, you can reply, ‘stop’ at any time. To opt out from emails, you can click on the unsubscribe link in the emails. Message and data rates may apply.