1016 W 51st Los Angeles, CA $ 799,000
1016 W 51st
$ 799,000
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1016 W 51st

Los Angeles, CA, 90037
$ 799,000
Baths2.0 Sq 1,752

Monthly Estimate*

$ 4,920

Listed by Rico and Rico Realty and Assoc
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Studio

Multi-Family Home for sale in Los Angeles, CA

for $799,000 with 2 full baths. This 1,752 square foot home was built in 1923 on a lot size of 0.1121.

2 DETACHED UNITS in the HEART LA! WITHIN 5 MINUTES FROM USC, LA MEMORIAL COLISEUM, BMO STADIUM AND 15 MINUTES FROM SOFI STADIUM, KIA FORUM, INTUIT DOME, CRYPTO ARENA & DTLA. Front unit shows an open floor concept with 3bedrooms+2baths (2bed+1bath on records) which will be delivered vacant at closing. Front unit has undergone renovation in the last 5-10 years in kitchen and bathrooms, new laundry area, HVAC system, electrical upgrade & rewire, flooring, windows and customized windows shutters. Front yard has beautiful and mature avocado, lemon, guava, orange & Japanese plum trees. Back unit shows 2bedrooms+1bath (1bed+1bath on records) which will be delivered with tenant in place. Back unit roof was replaced 3 years ago, windows and flooring replaced & kitchen updated within the last 5 years as well as electrical re-wire with sub-panel update. There is a newly cemented parking area in between the units and a one-car garage attached to the back unit available for new owner’s use Separate electrical & gas meters for each unit. Run before this one is gone!!

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Multi-Family Active

Price

$ 799,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1121

Year Built

1923

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

DW26037253

Days on Market

1

Features
General
Sewer Public Sewer
Garage Spaces 1
Pool Features None
Year Built 1923
Tenant Pays Cable TV Electricity Gas
Property Subtype Duplex
Gross Income 59640
Community Features Curbs Sidewalks
County Los Angeles
Net Operating Income 55966
Operating Expense 59640
Insurance Expense 1146
New Construction false
Property Type Residential Income
Contingency Sale is subject to Seller finding a replacement property and for both escrows to close concurrently.
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions From Vermont Ave southbound make a right on 51st or from Vermont Ave northbound make a left on 51st
City Los Angeles
Entry Location Front
Senior Community Y/N false
Open Parking Spaces 1
Number Of Units Total 2
MLS Area C34 - Los Angeles Southwest
Lot Size Units Square Feet
Lot Size Square Feet 4881
Listing Terms Cash Cash to Existing Loan Conventional Item1031Exchange FHA 203(b) FHA 203(k) FHA Fannie Mae Freddie Mac Subject To Other
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 1864
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 8
Property Sub Type Additional Duplex
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Interior
Total Stories 1
Common Walls No Common Walls
Laundry Features Electric Dryer Hookup Gas Dryer Hookup Inside
Entry Level 1
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Exterior
Lot Features Item01UnitAcre
Water Source Public
Total Parking 2
Lot Size Area 4881
Number of Buildings 2
Building Area Total 1752
Lot Size Acres 0.1121
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
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* Excluded Features
List By
Rico And Rico Realty And Assoc

Broker

jrico@jrico.org

Email

Affordability Calculator

$4,920
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Monthly Principal & Interest
$4,920
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/20/2026$799,000 Listed Price

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1016 W 51st, Los Angeles, CA, 90037 is a Multi-Family Home for sale at $799,000 with 1,752 sqft and a lot size of 0.1121. 1016 W 51st is a studio with 2.0 baths and was built in 1923. The property's zip code is 90037 which is in Los Angeles, CA