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1541 E 51st St
Los Angeles, CA 90011
Residential Multi Family (Other)
0.11 Acres
3036 Sqft Living Area
8 Bedrooms
0 Bathrooms (0 Full, 0 Half)
Year Built: 1961
$899,000
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Property Description
SELLER CAN DELIVER TWO UNITS 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 just completed renovations and will be delivered vacant and ready to be rented out. Landlord can also vacate a 2nd unit by close of escrow (Unit 1). Live in one unit while collecting rents! Rents can be increased June 2024. 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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Contact Details
Name: Sabina Yi
Email: sabina@skorreg.com
MLS Listing Id: 24-375173
Agent Phone: (310) 432-6400
List Agent License:
Office Name: Keller Williams Beverly Hills
Office Phone: (310) 432-6400
Office MLS Id: X74054
Listing Status: Active
Listing URL: https://listings.listhub.net/pages/CLAWCA/24-375173/?channel=openhousinc
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Copyright © 2024 OpenHous, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
