1248 West 51st Place Los Angeles, CA $ 625,000
1248 West 51st Place
$ 625,000
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1248 West 51st Place

Los Angeles, CA, 90037
$ 625,000
Baths0.0 Sq 2,068

Monthly Estimate*

$ 3,899

1248 West 51st Place, Los Angeles, CA 90037 - Image 1
1248 West 51st Place, Los Angeles, CA 90037 - Image 2
1248 West 51st Place, Los Angeles, CA 90037 - Image 3
1248 West 51st Place, Los Angeles, CA 90037 - Image 4
Studio

Multi-Family Home for sale in Los Angeles, CA

for $625,000. This 2,068 square foot home was built in 1924 on a lot size of 0.12.

****Exceptional Value-Add Triplex Opportunity**** Two Units Delivered Vacant. Unlock the potential of this rare tri-plex, centrally located in the desirable Vermount Square neighborhood is ideal for investors, owner-users, or anyone looking to capitalize on significant upside. Situated on a generous lot, this property consists of a vacant front single-family residence with 3 bedrooms, plus two rear single units, one of which will also be delivered vacant at closing. Perfect for a buyer who can envision the possibilities. Property is a fixer and is being sold in as-is condition, offering the freedom to renovate, reconfigure, or reposition to your investment strategy. Whether you're planning to modernize the existing units, bring rents to market, or explore expansion potential (buyer to verify), this asset provides a strong foundation with room to grow. The vacant 3-bedroom front home is ready for immediate improvement or occupancy, making it an excellent choice for those interested in living on-site while renovating or for investors seeking a head start on stabilization. The second vacant single provides additional flexibility for upgrading, leasing, or redesigning for maximum return. Located near major transportation routes, shopping, dining, and employment centers, this area continues to attract consistent demand supporting long-term value and future rental growth. Opportunities with multiple vacant units, true add-value potential, and endless possibilities are increasingly hard to find. Don't miss the chance to transform this diamond in the rough into a standout income-producing property.

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Multi-Family Contingent

Price

$ 625,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Craftsman

Lot Size

0.12

Year Built

1924

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0025625577

Features
General
Living Area 2068.0
Roof Shingle
Zoning LAR1
Architectural Style Craftsman
Security Features Gated Community
Construction Materials Stucco
Year Built 1924
Levels One
County Los Angeles
Net Operating Income 0.0
New Construction No
Property Type C
HOA No
Contingency Active Under Contract
Status Active Under Contract
City Los Angeles
Entry Location Ground Level w/steps
Senior Community Y/N No
MLS Area C34 - Los Angeles SW
Lot Size Units Square Feet
Lot Size Square Feet 5100.0
Property Condition Fixer
Structure Type None
Standard Status Active Under Contract
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Interior
Interior Amenities Ceiling Fan(s)
Flooring Tile Wood Vinyl
Kitchen Appliances Dishwasher Refrigerator
Fireplace Features Dining Room Living Room Bath
Total Stories 1
Air Conditioning Y/N No
Fireplace Y/N Yes
Total Baths 0
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Exterior
Lot Features Landscaped Yard
Water Source None
Lot Size Area 5100.0
Foundation Details None
Spa No
Pool Y/N? No
Building Area Total 2068.0
Lot Size Acres 0.12
Land Lease Type Fee
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* Excluded Features
List By
Sandra Green-Murray

Listing Agent

Sg Murray & Assoc/Playa Marina

Broker

Affordability Calculator

$3,899
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,899
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/4/2025$625,000 Listed Price

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1248 West 51st Place, Los Angeles, CA, 90037 is a Multi-Family Home for sale at $625,000 with 2,068 sqft and a lot size of 0.12. 1248 West 51st Place is a studio with 0.0 baths and was built in 1924. The property's zip code is 90037 which is in Los Angeles, CA