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1541 E 51st St, Los Angeles, CA 90011

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For Sale

$949,000

8 beds • 3,036 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • $312.58
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Great opportunity to purchase a well-maintained 4-unit apartment complex located in South LA. The complex is appx 3,036 SF on 5,000 SF lot, consists of 4 units in total- each 2BR/1BA, with four uncovered parking spaces in the back. Unit 4 will be delivered vacant and is currently be renovated. Live in one unit while collecting rents. Rents can be increased June 2024. Possibility for buyer to vacant another unit. Property also includes new roof (2022), individual electrical panels, all units separately metered, and each unit with own water heater. No laundry on site. The property is subject to rent control with significant rent upside. The seller will not relocate any of the exiting tenants. Centrally located just minutes from USC, DTLA, and many parks and museums nearby, along with many restaurants and shops, and easy access to freeways and transportation.
MLS# 24-375173

Courtesy Of KELLER WILLIAMS BEVERLY HILLS REALTY

(310) 432-6400

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    New Traditional
  • Lot Size
    0.12 Acres
  • Roof Type
    Unknown
  • Rooms
    Bedroom

Map and Directions

Directions to 1541 E 51st St, Los Angeles, CA 90011

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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