532 W 51st St

Los Angeles, CA 90037
  • $1,245,000

    Price
  • 12

    Bed
  • 8

    Bath
  • 3,326

    SqFt
  • 0.13

    Acre

About the Listing X83365 - C106342

** REMODELED and DELIVERED VACANT with 9.12%+ PROJECTED CAP RATE. Rare turnkey 4-unit property with 12 BD / 8 BA, fully remodeled and delivered vacant, minutes from USC and Downtown LA. Projected gross rents are $11,700/month ($140,400/year), a return that's hard to find in today's LA market. The mix is a 4+3, two 3+2s, and a 2+1, including a brand-new 2026 ADU. Upgrades include a new roof, stucco, paint, electrical, plumbing, windows, HVAC, tankless water heaters, flooring, doors, granite counters, and upgraded baths, with zero deferred maintenance, so there's no capital expense eating into your return. Set your rents and choose your tenants from day one. Ideal for market-rate rentals, student housing, senior care, or a licensed care facility (buyer to verify). Owner-users can live in one unit and rent the other three. BD/BA count may differ from recorded title. Buyer to verify all information.

Listing Highlights for 532 W 51st St

Status Active
Days on Site 1
Property Type Multi-Family
MLS ® 26106412
Year Built 1965
Total Square Footage 3,326
Lot/Acreage 0.13
County Los Angeles

Interior Details

  • Bedrooms: 12
  • Bathrooms: 8 Full
  • Appliances:
  • Air Cond: Air Conditioning
  • Heating: Heat Pump
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 4
  • Zoning: LARD2
  • Roof:
  • Others:
  • Sewer:

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: N/A

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Listing Location

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532 W 51st St Los Angeles, CA 90037

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Clemens Mandell

| Clemens Mandell | Coldwell Banker Realty

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