324 W 51st St
Los Angeles, CA 90037
0
Bed
0
Bath
5,193Sqft
5,663Sqft(Lot)
FULLY RENOVATED 6 UNIT The asset is perfectly positioned to capitalize on all of the major developments and entertainment centers that reside near the University and in Downtown Los Angeles. Originally built in 1922, the property has undergone a complete evolution, culminating in a comprehensive gut- rehab of the existing structure and the ground-up construction of two brand-new detached Accessory Dwelling Units (ADUs) completed in 2023. The Sellers are professional developers by trade who purchased the asset in October 2021 with a clear vision for strategic repositioning. Following this extensive construction and development timeline, the property has successfully stabilized over the last few years, presenting incoming investors with a fully turn-key, optimized, income-producin
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Water/Sewer
Water Source: Public Sewer: Public Sewer -
Interior Features
Property Appliances: Dryer,Washer
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Building Information
Year Built: 2023 Building Area Total: 5,193 -
Pool Features
None
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.13 -
Lot Size Source: Assessor Lot Size Square Feet: 5663
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Listing Price Information
Original List Price: 2,050,000 Listing Contract Date: 2026-06-23 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 5110027007
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Garage and Parking
Garage Description: NoneHomeowners Association
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Rental Info
Lease Term: Negotiable Tenant Pays: All Utilities,Cable TV,Electricity,Gas,Trash Collection
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Other Property Info
Source Listing Status: Active Source Neighborhood: C34 - Los Angeles Southwest Directions: East of the 110, West of Broadway, North of Slauson, South of Vernon Source Property Type: Residential Income Area: C34 - Los Angeles Southwest Property SubType: Apartment -
Building and Construction
Property Age: 3 Common Walls: 2+ Common Walls Structure Type: Apartment Year Built Source: Builder Entry Level: 1 Entry Location: 1 Property Attached: Yes
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 158 W Martin Luther Kin.., Los Angeles, CA, 90037 | $1,049,000 | -- | -- | 3,723 | 3,723 SqFt |
| 146 W Vernon, Los Angeles, CA, 90037 | $1,060,000 | -- | -- | 3,972 | 3,972 SqFt |
| 144 W 45th Street, Los Angeles, CA, 90037 | $770,000 | 4 | 2 | 2,124 | 2,124 SqFt |
| 160 W 48th, Los Angeles, CA, 90037 | $689,900 | 3 | 3 | 1,152 | 1,152 SqFt |
| 201 W 49th, Los Angeles, CA, 90037 | $749,998 | 3 | 1 | 1,412 | 1,412 SqFt |
| 227 W 52nd Street, Los Angeles, CA, 90037 | $500,000 | 4 | 1 | 1,500 | 1,500 SqFt |
| 4260 S Figueroa Street, Los Angeles, CA, 90037 | $1,150,000 | 4 | -- | 4,516 | 4,516 SqFt |
| 545 W 41st Street, Los Angeles, CA, 90037 | $1,150,000 | 4 | -- | 3,923 | 3,923 SqFt |
| 602 W 40th Place, Los Angeles, CA, 90037 | $1,600,000 | 10 | -- | 3,692 | 3,692 SqFt |
| 536 W 42nd Street, Los Angeles, CA, 90037 | $1,055,000 | 6 | -- | 1,983 | 1,983 SqFt |
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ByOwner last updated this listing 06/28/2026 @ 07:11
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