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Search Cali Homes Team
532 W 51st St, Los Angeles, CA 90037
- $1,245,000
- 12
- BD
- 8
- BA
- 3,326
- SqFt
Courtesy of Keller Williams Encino/Sherman Oaks, Farhoud Bastanfar - CA DRE#01738433
- List Price
- $1,245,000
- Status
- ACTIVE
- Days on Market
- 4
- MLS#
- 26106412
- Year Built
- 1965
- Bedrooms
- 12
- Bathrooms
- 8
- Living Area
- 3,326
- Lot Size
- 5,504
- Acres
- 0.13
- MLS Area Major
- Downtown L.A.
Property Description
** REMODELED and DELIVERED VACANT with 9.12%+ PROJECTED CAP RATE. Rare turnkey 4-unit property with 12 BD / 8 BA, fully remodeled and delivered vacant, minutes from USC and Downtown LA. Projected gross rents are $11,700/month ($140,400/year), a return that's hard to find in today's LA market. The mix is a 4+3, two 3+2s, and a 2+1, including a brand-new 2026 ADU. Upgrades include a new roof, stucco, paint, electrical, plumbing, windows, HVAC, tankless water heaters, flooring, doors, granite counters, and upgraded baths, with zero deferred maintenance, so there's no capital expense eating into your return. Set your rents and choose your tenants from day one. Ideal for market-rate rentals, student housing, senior care, or a licensed care facility (buyer to verify). Owner-users can live in one unit and rent the other three. BD/BA count may differ from recorded title. Buyer to verify all information.
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Additional Information
- Air Conditioning
- Air Conditioning
- Stories
- 2
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