324 W 51st St | Los Angeles, CA 90037
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- LoopNet Team
324 W 51st St
Los Angeles, CA 90037
6 Units | South LA | Fully Renovated · Multifamily Property For Sale · 6 Units
Investment Highlights
- 6 Total Enclosed Like-New Units
- All New Systems Throughout
- Fully Stabilized at 5.66% CAP Rate on Current Income
- 4 Units Gut-Rehabbed, 2 New Construction ADUs
- Individually Metered for All Utilities
- Minimal Landlord Expenses
PROPERTY FACTS
| No. Units | 6 | Lot Size | 0.13 AC |
| Property Type | Multifamily | Building Size | 5,199 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built/Renovated | 1922/2023 |
| Building Class | C |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 5,199 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1922/2023 |
Unit Amenities
- Air Conditioning
- Dishwasher
- Washer/Dryer
- Stainless Steel Appliances
- Vinyl Flooring
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | $2,096 | 642 |
| 3+1 | 2 | $2,625 | 979 |
| 3+1.5 | 2 | $2,650 | 979 |
PROPERTY TAXES
| Parcel Number | 5110-027-007 | Improvements Assessment | $567,018 |
| Land Assessment | $572,220 | Total Assessment | $1,139,238 |
PROPERTY TAXES
Parcel Number
5110-027-007
Land Assessment
$572,220
Improvements Assessment
$567,018
Total Assessment
$1,139,238
zoning
| Zoning Code | LARD2 (Restricted Density Multiple Dwelling - One-Family Dwellings, Two-Family Dwellings, Apartment Houses, Multiple Dwellings, Home Occupations) |
| LARD2 (Restricted Density Multiple Dwelling - One-Family Dwellings, Two-Family Dwellings, Apartment Houses, Multiple Dwellings, Home Occupations) |
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