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324 W 51st Street, Los Angeles, CA 90037

Los Angeles
Local realty services provided by:CENTURY 21 Adams & Barnes
324 W 51st Street,Los Angeles, CA 90037
$1,595,000
  • 16 Beds
  • 7 Baths
  • 5,193 sq. ft.
  • Multi-family
  • Active
Listed by: nicholas hedberg
Office: beverly & company luxury properties323-410-0848
MLS#:26994983
Source:CRMLS

Price summary

  • Price:$1,595,000
  • Price per sq. ft.:$307.14

About this home

Renovated six-unit income property in South Park (South LA) The 1922 front building was remodeled into four 3-bedroom units. Two are 3/1.5 down, two are 3/1 up. Two detached 2 bed / 1 bath ADUs were built in 2024. Renovated kitchens with shaker cabinets, stainless appliances, built-in microwaves and vinyl plank floors. Mini-split heat and AC in every unit. The four front units have dishwashers and in-unit stacked laundry. Gas and electric are separately metered. Water is submetered. Tenants pay gas, electric and trash. Five units also pay water. All six units are leased at $14,657 per month. Four leases began in 2026. 8.0% cap rate and 9.4 GRM at list price. Minutes to USC, Exposition Park and the Lucas Museum. Buyer to verify all figures, permits, unit count and square footage. Short sale, subject to lender approval.

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Home facts

  • Year built:1922
  • Subdivision & Development:Walter's Moneta Ave and Figueroa St Tract
  • Listing ID #:26994983
  • Added:24 day(s) ago
  • Updated:October 26, 2026 at 11:13 AM

Rooms and interior

  • Bedrooms:16
  • Total bathrooms:7
  • Flooring:Vinyl
  • Kitchen Description:Dishwasher, Microwave, Refrigerator
  • Living area:5,193 sq. ft.

Heating and cooling

  • Cooling:Heat pump
  • Heating:Heat Pump

Structure and exterior

  • Year built:1922
  • Building area:5,193 sq. ft.
  • Lot area:0.13 Acres
  • Architectural Style:Contemporary
  • Construction Materials:Stucco
  • Levels:2 Story

Utilities

  • Sewer:Sewer Tap Paid

Finances and disclosures

  • Price:$1,595,000
  • Price per sq. ft.:$307.14

Features and amenities

  • Appliances:Dishwasher, Dryer, Washer
  • Laundry features:Dryer, Stacked, Washer
  • Amenities:Carbon Monoxide (CO2) Detector, Recessed Lighting
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Adams & Barnes is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Adams & Barnes, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Thomas Adams

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