532 W 51st Street, Los Angeles, CA 90037 (MLS # 26106412)

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PRICE $1,245,000 dsIDX morgage calculator
BEDS 12
BATHS 8
HOME SIZE 3,326 sqft
LOT SIZE 5,506 sqft
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** 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.

DAYS ON MARKET 9 LAST UPDATED 11/5/2026
YEAR BUILT 1965 COMMUNITY C42 - Downtown L.A.
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
APPLIANCES Disposal
AREA C42 - Downtown L.A.
HEAT Heat Pump
LOT 5506 sq ft
LOT DIMENSIONS 5504
PARKING None
STORIES 1
MORTGAGE CALCULATOR
   

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Listed with Keller Williams Encino/Sherman Oaks

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