• 219 W 51st Street Los Angeles, CA 90037

  • $549,995
  • 0
    Bed(s)
  • 0
    Baths
  • 1,706
    Sq Ft
  • 5465
    Sqft
  • Listed By: Daniel Madariaga, Contempo Realtors, DRE #01810477
  • Source: CRMLS

This side-by-side duplex, zoned LAR2, is a great opportunity for a developer or investor. The gated property features a 2-bed 1 ½-bath unit with in-unit laundry, a 1-bed 1-bath unit, and a detached structure in the rear of the property that has ADU potential. Each unit has a large living room, kitchen, and is separately metered for gas and electricity. Located just minutes to USC, Crypto Arena, LA Live, Downtown Los Angeles, South Park Recreation Center, the 110 and 10 freeways. Both tenants are month-to-month, subject to LA City rent control, and current on rent. If you are looking for a development opportunity or rental income in the heart of Los Angeles, this might be the right opportunity for you.

Property Type :

Residential Income

Subdivision :

Fallbrook

County :

Los Angeles

Style :

Residential Income

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Unit No Unit Key Total Bath Total Bed Full Bath Half Bath
1 1065310800 1 1 1 0
2 1065310800 2 2 1 1

Property Details

 

Water/Sewer

Water Source : Public

Sewer : Public Sewer

Building Information

Year Built: 1912

Building Area Total: 1,706

Pool Features

None

Laundry Features

Inside,See Remarks

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.1255

Lot Size Source: Assessor

Lot Size Square Feet: 5465

Listing Price Information

Original List Price: 549,995

Listing Contract Date: 2024-04-05

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 5110023024

Garage and Parking

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Pending

Source Neighborhood: C34 - Los Angeles Southwest

Postal Code Plus 4: 3814

Directions: Between Broadway and main St.

Zoning: LAR2

Source Property Type: Residential Income

Area: C34 - Los Angeles Southwest

Property SubType: Duplex

Building and Construction

Property Age: 112

Common Walls: No Common Walls

Structure Type: Duplex

Year Built Source: Assessor

Entry Level: 1

Entry Location: 1

Levels or Stories: One

Building Total Stories: 1

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
4815 S Normandie Avenue, Los Angeles, CA,90037 $750,000 5 -- 2,208 5403 Sqft
110 W 48th Street, Los Angeles, CA,90037 $479,800 2 2 1,134 2400 Sqft
4225 Van Buren Place, Los Angeles, CA,90037 $849,900 4 2 1,645 5992 Sqft
5116 S Budlong Avenue, Los Angeles, CA,90037 $1,100,000 5 4 3,632 5520 Sqft
232 W 49th Street, Los Angeles, CA,90037 $699,999 4 2 1,744 5447 Sqft
4125 S Figueroa Street .., Los Angeles, CA,90037 $329,000 1 1 542 39267 Sqft
3913 S Budlong Avenue, Los Angeles, CA,90037 $1,699,000 6 -- 3,690 10432 Sqft
602 W 40th Place #3, Los Angeles, CA,90037 $1,799,999 10 5 3,692 6750 Sqft
1115 W 41st Street, Los Angeles, CA,90037 $959,900 3 2 2,182 6352 Sqft
4529 S Vermont Avenue, Los Angeles, CA,90037 $2,050,000 4 -- 6,750 8014 Sqft

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ByOwner last updated this listing 05/17/2024 @ 19:02

MLS: BB24067632
LISTED BY: Daniel Madariaga, Contempo Realtors
SOURCE: CRMLS
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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