324 W 51st St, Los Angeles, CA 90037
Local realty services provided by:Better Homes and Gardens Real Estate Town Center
324 W 51st St,Los Angeles, CA 90037
$1,900,000
- - Beds
- - Baths
- 5,193 sq. ft.
- Multi-family
- Active
Listed by: marie feleo so
Office: keller williams realty310-375-3511
MLS#:SB26136834
Source:CRMLS
Price summary
- Price:$1,900,000
- Price per sq. ft.:$365.88
About this home
FULLY RENOVATED 6 UNIT
The asset is perfectly positioned to capitalize on all of the major
developments and entertainment centers that reside near the University
and in Downtown Los Angeles. Originally built in 1922, the property has
undergone a complete evolution, culminating in a comprehensive gut-
rehab of the existing structure and the ground-up construction of two
brand-new detached Accessory Dwelling Units (ADUs) completed in
2023. The Sellers are professional developers by trade who purchased
the asset in October 2021 with a clear vision for strategic repositioning.
Following this extensive construction and development timeline, the
property has successfully stabilized over the last few years, presenting
incoming investors with a fully turn-key, optimized, income-producing
asset with zero deferred maintenance.
The developers transformed the property’s original footprint—which
initially consisted of four large, one-bedroom units—by gut-rehabbing
all interiors and converting them into high-demand three-bedroom
configurations. To optimize layout functionality, two of these main front
units feature one full bathroom, while an extra half-bathroom was
seamlessly added to the remaining two front units, giving them one and
a half bathrooms each. To maximize cash flow potential, the developers
also constructed two brand-new, detached, two-bedroom and one-
bathroom ADUs measuring 641.5 square feet each, bringing the total unit
count to six. The exterior exhibits a clean, modern stucco finish, upgraded
entry doors, and gravel areas designed for minimal landscaping upkeep....
Contact an agent
Home facts
- Year built:2023
- Listing ID #:SB26136834
- Added:49 day(s) ago
- Updated:August 14, 2026 at 11:19 AM
Rooms and interior
- Living area:5,193 sq. ft.
Structure and exterior
- Year built:2023
- Building area:5,193 sq. ft.
- Lot area:0.13 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,900,000
- Price per sq. ft.:$365.88
Features and amenities
- Appliances:Dryer, Washer
- Laundry features:Dryer, Washer
New listings near 324 W 51st St
- New
$1,299,000Active3 beds 2 baths1,684 sq. ft.6530 Gaviota Avenue, Van Nuys, CA 91406
MLS# SB26170730Listed by: VISTA SOTHEBYS INTERNATIONAL REALTY - Open Sun, 1 to 4pmNew
$1,175,000Active4 beds 4 baths2,471 sq. ft.5348 Calatrana Drive, Woodland Hills, CA 91364
MLS# SR26174884Listed by: RODEO REALTY - Open Sat, 1 to 4pmNew
$1,925,000Active4 beds 5 baths3,362 sq. ft.5170 Medina Road, Woodland Hills, CA 91364
MLS# SR26174951Listed by: RODEO REALTY - New
$695,000Active3 beds 3 baths1,586 sq. ft.22229 Shadow Valley, Chatsworth, CA 91311
MLS# SR26177230Listed by: LAND BROTHERS MORTGAGE & REALTY - New
$798,000Active5 beds 3 baths2,200 sq. ft.23956 Los Rosas, Los Angeles, CA 91304
MLS# SR26174804Listed by: L.A. VALLEY REALTY INC. - New
$590,000Active4 beds 2 baths810 sq. ft.937 103rd PL, Los Angeles, CA 90002
MLS# DW26160283Listed by: CENTURY 21 ALLSTARS - New
$1,599,999Active4 beds 5 baths3,627 sq. ft.24215 Sterling Ranch Road, West Hills, CA 91304
MLS# SR26177558Listed by: PARK REGENCY REALTY - New
$849,900Active4 beds 3 baths2,620 sq. ft.11833 Preston Trails Avenue, PORTER RANCH, CA 91326
MLS# SR26178025Listed by: COLDWELL BANKER REALTY - New
$2,235,000Active3 beds 3 baths1,999 sq. ft.5675 Spreading Oak Dr, Los Angeles, CA 90068
MLS# WS26160170Listed by: PINNACLE REAL ESTATE GROUP - New
$475,000Active2 beds 1 baths924 sq. ft.898 Temple Terrace #122, Los Angeles, CA 90042
MLS# SR26172253Listed by: LUXURY COLLECTIVE