1518 E 51st Street
Los Angeles, CA, 90011
$1,500,000
Beds
0 Baths
SqFt
0.12 Acres
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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!

Property Details

Price:
$1,500,000
MLS #:
25520743
Status:
Active
Baths:
0
Address:
1518 E 51st Street
Type:
Residential Income
Neighborhood:
c42downtownla
City:
Los Angeles
Listed Date:
Apr 3, 2025
State:
CA
ZIP:
90011
Lot Size:
5,402 sqft / 0.12 acres (approx)
Year Built:
1961
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Interior

Appliances
None
Cooling
None
Flooring
Laminate
Heating
Wall Furnace

Exterior

Parking Features
Concrete, Uncovered
Parking Spots
0.00
Security Features
Gated Community
Stories Total
2

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1518 E 51st Street
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