1541 E 51st St, Los Angeles, CA 90011 – 24-375173

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$899,000

Est. payment - /mo

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8 BD

4 BA

3,036 SqFt

Active

1541 E 51st St Los Angeles, CA 90011

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Norma Mardelli

norma@mardellirealestate.com +1(818) 400-3794

UPDATED:

11/22/2024 09:53 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,036 sqft

Price per Sqft $296

MLS Listing ID 24-375173

Style Traditional

Bedrooms 8

Year Built 1961

Lot Size 5,000 Sqft

Acres 0.1148

Property Description

SELLER CAN DELIVER UNIT 1 VACANT BY CLOSE OF ESCROW! 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 has just completed renovations and has now recently been rented out. Landlord can vacate Unit 1 by close of escrow. Live in one unit while collecting rents! 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.

Location

State CA

County Los Angeles

Area Downtown L.A.

Zoning LAR2

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Equipment Built-Ins, Range/Oven, Refrigerator, Dishwasher

Exterior

Parking Features Gated, Uncovered

Garage Spaces 4.0

Building

Story 2

Architectural Style Traditional

Level or Stories Multi/Split, Two

Others

Special Listing Condition Standard

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Listed by Keller Williams Beverly Hills