Home | Los Angeles County | Los Angeles | 90037 | 324 W 51st St
MLS: CRSB26136834 | Status: | Price: $2,050,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 5,663 | 2023 |
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
| Field | Value |
|---|---|
| MLS # | CRSB26136834 |
| MLS Source | California Regional MLS |
| Days on Site | 2 |
| Feature | Details |
|---|---|
| Appliances | Dryer, Washer |
| Feature | Details |
|---|---|
| Garage/Parking | No Parking, Garage: 0 Car(s) |
Marie Feleo So
Keller Williams Realty
License #: 01866527
Phone: (626) 374-0848
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 4 | – |
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This listing information is up-to-date as of June 26, 2026. For the most current information, please contact Marie Feleo So, (626) 374-0848.