532 W 51st Street, Los Angeles, CA 90037

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
532 W 51st Street,Los Angeles, CA 90037
$1,245,000
  • 12 Beds
  • - Baths
  • 3,326 sq. ft.
  • Multi-family
  • Active
Listed by: farhoud bastanfar, meran solamany
Office: keller williams encino/sherman oaks
MLS#:CL26106412
Source:Bay East, CCAR, bridgeMLS

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 #:CL26106412
  • Added:1 day(s) ago
  • Updated:November 07, 2026 at 03:35 PM

Rooms and interior

  • Bedrooms:12
  • 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

Finances and disclosures

  • Price:$1,245,000
  • Price per sq. ft.:$374.32
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at November 7, 2026

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