$899,000
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1541 51st Street Los Angeles, CA 90011
Cluster
Residence
8
Beds
4
Baths
...
Bed/Bath
3,036
Sq. Ft.
Property Activity
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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 jus...t 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.
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MLS#
24375173
Property Type
Cluster
Bedrooms
8
Bathrooms
Year Built
1961
Square Feet
3,036
sq. ft
Lot Size
0.11
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