LKV Realty
Logo
$1,500,000
$6,000Reward *
1518 E 51st Street, Los Angeles, CA 90011Listing ID 25520743

1518 E 51st Street, Los Angeles, CA 90011

Active
Time on site: 501 daysLast updated: Apr 11, 2025
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
-
Bedrooms
Bedrooms
8
Bathrooms
Bathrooms
4
Square Feet
Square Feet
2,694
Acres
Acres
0.12
Days on Site
Days on Site
501
Cooling
Cooling
None
Heating
Heating
Wall Furnace
Year Built
Year Built
1961
Stories
Stories
2
Parking
Parking
Concrete, Uncovered

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 Information

Property Details

Location

Address
1518 E 51st Street
County
Los Angeles
City
Los Angeles
Zip Code
90011
School District
Los Angeles Unified
MLS Area
C42 - Downtown L.A.

Interior Features

Beds and Baths

Bedrooms
8

Building

Building Information

Square Feet
2,694
Year Built
1961
Stories
2

Financial

Special Conditions
Standard
Aaron MejiaChristie's International Real Estate SoCal, (424) 249-7162

Market Report for 90011

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: California Regional MLS
California Regional MLS logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

CLW-C138611 • CLW-C143171