1060 W 51st, Los Angeles, CA 90037

$839,000

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List Price
$839,000
Status
ACTIVE
MLS#
DW26127089
Year Built
1909
Lot Size
4,880
Acres
0.11
Lot Location
Agricultural
Days on Market
46
Property Type
Multifamily
Property Sub Type
Duplex

Property Description

NEW OWNER CAN USE AS AN INVESTMENT. CAN SET MARKET RENTS FROM DAY ONE. SELLER SAY LET'S GET IT SOLD! SELLER IS WORKING WITH ONE OF THE TENANT TO BE CASH FOR KEYS. Exceptional opportunity to own a well-maintained duplex in a prime Central Los Angeles location. Situated at 1060 W 51st Place, this versatile property offers approximately 2,397 square feet of living space and is currently being used as a 2 UNITS PLUS ADU (VACANT PROPERTY) providing added flexibility and income potential. The property is configured with ONE 3-bedroom, 2-bath unit and ONE 2-bedroom, 1-bath unit AND ADU studio, making it ideal for both investors and owner-users. The current 2-unit use offers multiple income streams and the flexibility for multi-generational living or an owner-occupant to live in one unit while renting out the others. Located in a rapidly developing area, the property is within close proximity to BMO Stadium, the Los Angeles Memorial Coliseum, the University of Southern California (USC), the California Science Center. Convenient access to the 110, 10, and 105 freeways provides easy connectivity throughout Los Angeles. Excellent opportunity to acquire a flexible, income-producing property in a high-demand rental market with continued growth and development.

Additional Information

Pool Description
None
View
None
Sewer
Public Sewer
Water
Public
Interior Features
All Bedrooms Up, All Bedrooms Down
Attached Structure
Attached
Number Of Units Total
2
Gross Scheduled Income
$5,600

Listing courtesy of Listing Agent: Fredy Hernandez (fredyreo@yahoo.com) from Listing Office: Stellabode Realty.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.