2051 S Corning Street, Los Angeles, CA 90034

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2051 S Corning Street,Los Angeles, CA 90034
$2,395,000
  • 15 Beds
  • 11 Baths
  • 6,448 sq. ft.
  • Multi-family
  • Active
Listed by:casey lins
Office:kidder mathews of california, inc.
MLS#:25519279
Source:CRMLS

Price summary

  • Price:$2,395,000
  • Price per sq. ft.:$371.43

About this home

We are proud to present 2051 S Corning St, a 6-unit property located in the Palms submarket priced at a 5.24% CAP and a 111.99 GRM! This opportunity consists of a single, two-story building built in 1960 comprising of 6,448sf situated on a 6,307sf LARD1.5 zoned lot featuring a superior unit mix of (5) three-bedroom two bath and (1) studio units. 4 of 6 units have been renovated and the Earthquake Retrofit has been completed! With alley access, this property features 5 parking spaces in the rear, providing tenants easy access to and from the building. One three-bedroom two bath unit, featuring a private yard, will be delivered VACANT and renovated. There is potential to operate the building at a 7.04% cap rate and 9.74 GRM at market rents, offering an exceptional opportunity for any type investor looking to preserve capital while continuing to drive long term returns in an exceptionally robust submarket that is continuing to improve with ongoing development. Contact the listing broker

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Home facts

  • Year built:1960
  • Listing Id #:25519279
  • Added:135 day(s) ago
  • Updated:August 13, 2025 at 01:10 PM

Rooms and interior

  • Bedrooms:15
  • Total bathrooms:11
  • Living area:6,448 sq. ft.

Structure and exterior

  • Year built:1960
  • Building area:6,448 sq. ft.
  • Lot area:0.14 Acres

Finances and disclosures

  • Price:$2,395,000
  • Price per sq. ft.:$371.43
Based on information from California Regional Multiple Listing Service, Inc. as of August 14, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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