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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Interior Features
Appliances: Dryer, Washer
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Building Information
Year Built: 2023Building Area Total: 5193Pool Features: NonePrivate Pool: No
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Lot Information
Main Square Feet: 5663 Lot Size Acres: 0.13 Lot Size Source: Assessor Lot Size Square Feet: 5,663 Lot Description: 0-1 Unit/Acre
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Listing Price Information
Listing Price: $1900000Original Price: $2050000Cash to New Loan
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Tax Information
Parcel Number: 5110027007 Tax Lot: 9
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Virtual Tour
Parking Information
None
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Location Information
Direction: East of the 110, West of Broadway, North of Slauson, South of Vernon WaterSource: Public
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 |
| 136 W 43rd Place, Los Angeles, CA, 90037 | $729,900 | 3 | 2 | 1,080 | 1,080 SqFt |
| 160 W 48th, Los Angeles, CA, 90037 | $689,900 | 3 | 3 | 1,152 | 1,152 SqFt |
| 336 W 45th Street, Los Angeles, CA, 90037 | $930,000 | 5 | 3 | 1,728 | 1,728 SqFt |
| 142 W 58th Street, Los Angeles, CA, 90037 | $485,000 | 2 | 1 | 964 | 964 SqFt |
| 4305 S Flower Street, Los Angeles, CA, 90037 | $780,000 | 4 | 2 | 1,890 | 1,890 SqFt |
| 4313 S Flower Street, Los Angeles, CA, 90037 | $695,000 | 3 | 1 | 1,344 | 1,344 SqFt |
| 4260 S Figueroa Street, Los Angeles, CA, 90037 | $1,100,000 | 4 | 4 | 4,516 | 4,516 SqFt |
| 602 W 40th Place, Los Angeles, CA, 90037 | $1,600,000 | 10 | 5 | 3,692 | 3,692 SqFt |
| 536 W 42nd Street, Los Angeles, CA, 90037 | $1,049,900 | 6 | -- | 1,983 | 1,983 SqFt |
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ByOwner last updated this listing 08/12/2026 @ 11:43
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