1541 E 51st St, Los Angeles, CA 90011

$949,000
8
BD
4
BA
3,036
SqFt
List Price
$949,000
MLS#
24-375173
Year Built
1961
Bedrooms
8
Bathrooms
4
Living Sq. Ft
3,036
Lot Size
5,000
Days on Market
19
Property Type
Multifamily
Style
Traditional
Stories
2

Property Description

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.

Additional Information

Other Buildings
None
Heat
Wall
Cooling
None
Number of Cars in Garage
Gated, Uncovered

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of Keller Williams Beverly Hills, Sabina Yi - CA DRE#01964836

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