Property Detail

532 51st

Los Angeles CA 90037

$1,245,000

Status: Active

Property Details

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.

Map Location

Stowell & Associates

Stowell & Associates

CA DRE# 01397481
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