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$1,245,000

FOR SALE
Active

532 W 51st Street

Los Angeles, CA

MLS# 26106412

3,326 Sq Ft12bd • 8ba
1 day on marketNalren refreshed

Listing Agent

Farhoud Bastanfar

Listing Agent

Keller Williams Encino/Sherman Oaks

DRE #: 01738433

(818) 475-3575

Brokerage: Keller Williams Encino/Sherman Oaks

Meran Solamany

Co-Listing Agent

Keller Williams Beverly Hills

DRE #: 01301571

Brokerage: Keller Williams Beverly Hills

Property Details

12

Bedrooms

8

Bathrooms

3,326 sqft

Square Feet

1965

Year Built

5,504 sqft

Lot Size

$374

Price/Sq Ft

N/A

Garage Spaces

N/A

HOA

N/A

Property Type

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.

Facts & Features

Interior

Appliances
Disposal

Building

Year Built
1965
Living Area
3,326 sqft
Building Area Total
3,326
Levels
One
Stories Total
2

Utilities

Heating
Heat Pump

Parking

Parking Features
None
Parking Total
4

Community / HOA

HOA
No

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CRMLS

MLS# 26106412

Listed:

Nalren refreshed:

Last updated

© 2026 California Regional Multiple Listing Service, Inc. Based on information from the 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 deemed reliable but is not guaranteed accurate by the MLS.

IDX information is provided exclusively for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed. Buyer should independently verify all information.

Listed by: Keller Williams Encino/Sherman Oaks

Equal Housing Opportunity

Advertising Broker: Nalren Corp (CA DRE #02423715)

Licensed in the state of California

Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.