635 W 51st St - Multi-Family FOR SALE


Los Angeles, CA 90037- Vermont Harbor
$1,049,000 USD
310-467-6741
635 W 51st St, Los Angeles, CA for Sale
$1,049,000 USD
Multi-Family - FOR SALE
1/11
null | Request Cap Rate

635 W 51st St
Los Angeles, CA 90037
Vermont Harbor


OVERVIEW

Prime Investment Opportunity! 635 W. 51st St. is a 3 unit investment which offers charm and incredible income potential. The property is currently 100% occupied offering a Buyer an opportunity to hold as an investment, or restructure tenant base for additional income. A two-building layout on a +/- 6,113 square foot lot and open on-site parking separating the structures. The front unit consists of 4 bedrooms and 2 bathrooms, has been recently updated with new flooring throughout, interior and exterior paint, a new driveway and landscaping. In addition tenant(s) can enjoy a front porch/patio and private front yard. A 2025 constructed ADU consists of 3/beds and 2/baths with stylish wood laminate flooring, updated kitchen/bathrooms, fresh paint, new windows, modern light fixtures, and a 4 zone AC/heat mini-split system. The upstairs unit is a well-appointed 2 bedroom - 1 bath offering a flexible layout that can cater to various tenant needs. The spacious lot offers ample parking and room for outdoor gatherings. Situated in the heart of Los Angeles, this property is conveniently located near schools, shopping, dining, and major freeways, ensuring strong tenant demand. Buyer is advised to independently verify the accuracy of all information with appropriate professionals. There are no warranties or guarantees, buyer to rely solely on their own findings.

FOR SALE DETAILS

PRICE

$1,049,000 USD

PRICE/SF

$465 USD /SF

# OF UNITS

3

PRICE/UNIT

$349,667

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

51st St.

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1939

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,113 SF

ZONING

LARD2

APN/PARCEL ID

5018-020-026

ASK ABOUT THIS PROPERTY

Matt MarracciniGateway Business PropertiesMore Info
310-467-6741

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Matt MarracciniGateway Business PropertiesMore Info
310-467-6741

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.