1248 W 51st Place, Los Angeles, CA 90037
Property
Sold January 2026
Listing Agent: Sandra Green-Murray (DRE #01059811) · Listing Office: SG Murray & Assoc/Playa Marina · Contact: 310-827-7802 · Bought with: Perla Martinez · Realty One Group Homelink · MLS #25625577 · Source: CRMLS
About this property
****Exceptional Value-Add Triplex Opportunity**** Two Units Delivered Vacant. Unlock the potential of this rare tri-plex, centrally located in the desirable Vermount Square neighborhood is ideal for investors, owner-users, or anyone looking to capitalize on significant upside. Situated on a generous lot, this property consists of a vacant front single-family residence with 3 bedrooms, plus two rear single units, one of which will also be delivered vacant at closing. Perfect for a buyer who can envision the possibilities. Property is a fixer and is being sold in as-is condition, offering the freedom to renovate, reconfigure, or reposition to your investment strategy. Whether you're planning to modernize the existing units, bring rents to market, or explore expansion potential (buyer to verify), this asset provides a strong foundation with room to grow. The vacant 3-bedroom front home is ready for immediate improvement or occupancy, making it an excellent choice for those interested in living on-site while renovating or for investors seeking a head start on stabilization. The second vacant single provides additional flexibility for upgrading, leasing, or redesigning for maximum return. Located near major transportation routes, shopping, dining, and employment centers, this area continues to attract consistent demand supporting long-term value and future rental growth. Opportunities with multiple vacant units, true add-value potential, and endless possibilities are increasingly hard to find. Don't miss the chance to transform this diamond in the rough into a standout income-producing property.
Listing description from the January 2026 sale, as reported to CRMLS.
Sale history