625 W 51St St
625 W 51St St
625 W 51St St
625 W 51St St
625 W 51St St
625 W 51St St
625 W 51St St
625 W 51St St
625 W 51St St
625 W 51St St
625 W 51St St
625 W 51St St
625 W 51St St
625 W 51St St
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$990,000

625 W 51St St

8 Beds 4 Baths 2,616 Sq.Ft.

Description

Calling all investors and developers!! Excellent opportunity to own an income-generating QUADRUPLEX with over 2600 sq ft living space on a6000+ sq ft lot. This property comprises four 2-bedroom 1-bath units and has the potential for rent growth with plans for two additional dwelling units (1br/1ba each). Three out of four units have good paying tenants. The fourth unit has recently been renovated with an upgraded electrical subpanel and can be delivered VACANT. Updated plumbing (2019), with blue copper piping. Property has a spacious yard with a four-car garage and ample parking for five vehicles on the lot. All units have separate gas and electrical meters AND four water meters! This neighborhood is perfectly located near the new LAFC Stadium, USC, LA Memorial Coliseum, and minutes away from LA Live/DTLA.

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Location

625 W 51St St, Los Angeles, CA 90037

Status

Sold
Gabriela Pineda

Gabriela Pineda

TITLE

Realtor®️

Property Amenities

Interior
Fireplace Kitchen, Living Room, Bath
Total Bedrooms: 8
Area & Lot
Lot Area 6,089 Sq.Ft.
Living area 2,616 Sq.Ft.
MLS® ID 21-761516
Year Built 1926
Type Multi-Family
Status Sold
Exterior
Stories 2
Pool None
Air conditioning Wall/Window, Other
Heat type Wall, Combination
Security Features Window Bars
Other Exterior Features None
Parking Garage - 4 Car, Uncovered, Driveway
Lot Features Front Yard, Curbs
Finance
Sales Price $990,000

Work With Gabriela

Get assistance in determining the current property value, crafting a competitive offer, writing and negotiating a contract, and much more. Contact me today.