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(323) 864-4211
Linda Roth Burrell
324 W 51st St, Los Angeles, CA 90037
- $1,595,000
- 16
- BD
- 7
- BA
- 5,193
- SqFt
- List Price
- $1,595,000
- Price Change
- ▼ $55,000 1791936664
- MLS#
- 26994983
- Year Built
- 1922
- Bedrooms
- 16
- Bathrooms
- 7
- Living Sq. Ft
- 5,193
- Lot Size
- 5,510
- Lot Location
- City
- Days on Market
- 15
- Property Type
- Multifamily
- Style
- Contemporary
- Stories
- 2
Property Description
Renovated six-unit income property in South Park (South LA) The 1922 front building was remodeled into four 3-bedroom units. Two are 3/1.5 down, two are 3/1 up. Two detached 2 bed / 1 bath ADUs were built in 2024. Renovated kitchens with shaker cabinets, stainless appliances, built-in microwaves and vinyl plank floors. Mini-split heat and AC in every unit. The four front units have dishwashers and in-unit stacked laundry. Gas and electric are separately metered. Water is submetered. Tenants pay gas, electric and trash. Five units also pay water. All six units are leased at $14,657 per month. Four leases began in 2026. 8.0% cap rate and 9.4 GRM at list price. Minutes to USC, Exposition Park and the Lucas Museum. Buyer to verify all figures, permits, unit count and square footage. Short sale, subject to lender approval.
Additional Information
- Other Buildings
- Accessory Bldgs
- Pool Description
- None
- Heat
- Heat Pump
- Cooling
- Air Conditioning, Heat Pump(s)
- View
- None
- Exterior Construction
- Stucco
- Number of Cars in Garage
- None
- Water
- Public
- School District
- Los Angeles Unified
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Courtesy of Beverly & Company Luxury Properties, Nicholas Hedberg - CA DRE#02016456
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