532 W 51st ST, Los Angeles, CA 90037
532 W 51st ST, Los Angeles, CA 90037
532 W 51st ST, Los Angeles, CA 90037
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Shawn Kormondy

Shawn Kormondy

+1(323) 638-7567
$1,469,000
Est. payment /mo
12 Beds
8 Baths
3,326 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,326 sqft

Price per Sqft $441

MLS Listing ID 26852301

Bedrooms 12

HOA Y/N No

Year Built 1965

Lot Size 5,505 Sqft

Property Description

Rare turnkey 4-unit investment property | 12 BD / 8 BA | Fully Remodeled | Delivered Vacant in a prime Los Angeles location minutes from USC University, Downtown LA, and major shopping centers. Fully remodeled from top to bottom new roof, stucco, interior/exterior paint, electrical, plumbing, windows, HVAC, tankless water heaters, flooring, doors, granite kitchen countertops, and upgraded bathrooms throughout. Zero deferred maintenance. One of the units is Brand new ADU built 2026. Property is delivered vacant so you set the rents and choose your tenants from day one. Projected cap rate exceeding 7%. Flexible floor plan ideal for market-rate rentals, student housing, senior care, or licensed residential care/rehab facility. Owner-user opportunity available live in one unit and rent the remaining three. A true plug-and-play asset in one of LA's strongest rental corridors. Do not miss this opportunity. ** Note BD/BA count may differ from recorded title.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Zoning LARD2

Interior

Heating Heat Pump

Fireplace No

Appliance Disposal

Exterior

Parking Features None

Total Parking Spaces 4

Building

Story 2

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5001032005

Special Listing Condition Standard

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Listed by Farhoud Bastanfar Keller Williams Encino/Sherman Oaks #01738433

NEARBY SCHOOL & BUSINESS

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Shawn Kormondy

Shawn Kormondy

+1(323) 638-7567

Agent | License ID: 01451888

Agent License ID: 01451888

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