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532 W 51st Street, Los Angeles, CA 90037

Los Angeles
Local realty services provided by:CENTURY 21 Adams & Barnes
532 W 51st Street,Los Angeles, CA 90037
$1,245,000
  • 12 Beds
  • 8 Baths
  • 3,326 sq. ft.
  • Multi-family
  • Active
Listed by: farhoud bastanfar, meran solamany
Office: keller williams encino/sherman oaks818-475-3575
MLS#:26106412
Source:CRMLS

Price summary

  • Price:$1,245,000
  • Price per sq. ft.:$374.32

About this home

** 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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Home facts

  • Year built:1965
  • Listing ID #:26106412
  • Added:1 day(s) ago
  • Updated:November 06, 2026 at 12:28 PM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:8
  • Kitchen Description:Disposal
  • Living area:3,326 sq. ft.

Heating and cooling

  • Heating:Heat Pump

Structure and exterior

  • Year built:1965
  • Building area:3,326 sq. ft.
  • Lot area:0.13 Acres
  • Levels:1 Story

Finances and disclosures

  • Price:$1,245,000
  • Price per sq. ft.:$374.32

Features and amenities

  • Appliances:Disposal

Parking

  • Total parking spaces:4
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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