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+19094654693
Top Producers Realty Partners
532 W 51st Street, Los Angeles, CA 90037
- $1,245,000
- 12
- BD
- 8
- BA
- 3,326
- SqFt
- List Price
- $1,245,000
- Status
- ACTIVE
- MLS#
- 26106412
- Year Built
- 1965
- Bedrooms
- 12
- Bathrooms
- 8
- Living Sq. Ft
- 3,326
- Lot Size
- 5,504
- Acres
- 0.13
- Days on Market
- 1
- Property Type
- Multifamily
- Stories
- One Level
Property Description
** 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.
Additional Information
- Appliances
- Disposal
- Heat
- Heat Pump
- Attached Structure
- Detached
- Number Of Units Total
- 4
Listing courtesy of Listing Agent: Farhoud Bastanfar (fred@cgnusa.com) from Listing Office: Keller Williams Encino/Sherman Oaks.
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.