Search
1537 E 51St St, Los Angeles, CA 90011
Image 2 for 1537 E 51St St, Los Angeles, CA 90011
Image 3 for 1537 E 51St St, Los Angeles, CA 90011
View Photos

1537 E 51St St Los Angeles, CA 90011

$898,000
  • 16 Beds
  • 8 Baths
  • 2,736 Sq.Ft.
For Sale
$898,000 Get Pre-Qualified
Map preview of 1537 E 51St St, Los Angeles, CA 90011

Property Overview: 1537 E 51St St Los Angeles, CA has 16 bedrooms, 8 bathrooms, 2,736 living square feet and 5,000 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: This is a very desirable duplex. It features 2 units, each with 4 bedrooms and 2 bathrooms. There is also a separate 2 car Garage. It's been fully rented for years, very low turn over. Priced for a cap rate of 6%+ Security gate across the driveway. Current rents are below market. New owner could raise them and increase the cap rate. Current management company would like to remain in place but it is not required.

Listed by Ronald Bentley | BRE #01980299 | Equity Real Estate-Pacific Coast
Last checked: 39 seconds ago | Last updated: March 21st, 2024 | Source CRMLS | DOM: 48
Get a $3,368 Cash Reward New

Buy this home with Ardent Real Estate Group and get $3,368 back.

Call/Text (714) 706-1823

Home details

Lot Sq. Ft
5,000
HOA Dues
$0/mo
Year built
2010
Garage
2 Car
Property Type:
Duplex
Status
Active
MLS#
OC24056190
City
Los Angeles
County
Los Angeles
Time on Site
61 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 22
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 8
  • # of Baths: 4
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $67,308
  • Total Rent: $67,308
  • Pro Forma/Market Rent: $100,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $67,308
  • Net Operating Income: $57,209
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $10,099
  • Electric: $600
  • Gas/Fuel: $0
  • Trash: $600
  • Insurance: $1,200
  • Water/Sewer: $0

Open Houses for 1537 E 51St St

No upcoming open houses

Schedule Tour

Property Details for 1537 E 51St St

Interior Features
Heating Information
  • Has Heating
  • Natural Gas, Wall Furnace
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Tile
Kitchen Information
  • Has Appliances
  • Gas & Electric Range
Interior Features
  • Levels: One
  • Window Features: Double Pane Windows
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Asbestos Shingle
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: Level with Street
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 5106023028
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Sewer Connected
Location / Neighborhood
Location Information
  • Directions: On E 51st St between Compton Ave and Long Beach Ave
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 1537 E 51St St

Last sold on November 19th, 2010

  • March, 2024

  • Mar 20, 2024

    Date

    Active

    CRMLS: OC24056190

    $898,000

    Price

  • November, 2010

  • Nov 19, 2010

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • October, 2010

  • Oct 29, 2010

    Date

    Sold (Public Records)

    Public Records

    $465,004

    Price

Show More

Tax History for 1537 E 51St St

Assessed Value (2020): $544,727
Year Land Value Improved Value Assessed Value
2020 $426,061 $118,666 $544,727

Home Value Compared to the Market

This property vs the competition

1537 E 51St St is listed 28.16% lower than the median list price for the city of Los Angeles which has a median list price of $1,250,000. The median price per/sqft for Los Angeles is $780 and this home is listed at $328.22 per/sqft which puts the price per square foot 57.92% lower than the median price per square foot for the city of Los Angeles.

About 1537 E 51St St

Detailed summary of property

1537 E 51St St is a duplex located in Los Angeles, CA 90011 and is currently for sale. This duplex offers 16 bedrooms, 8 bathrooms, roughly 2,736 living square feet, and sits on an approximately 5,000 square foot lot. 1537 E 51St St was first listed on ArdentRealEstateGroup.com on March 20, 2024. The homeowner is currently asking $898,000. The median priced home in Los Angeles is $1,250,000 with a median price per square foot of $780. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 28.16% lower than the median priced home. Local competing homes currently for sale include 4918 Wadsworth Ave, 1700 E 62nd St and 3217 Morgan Ave. While the average home in Los Angeles, CA is selling in 93 days, 1537 E 51St St has a days on market of 48 days. There are currently 3718 homes for sale in the Los Angeles real estate market and 2495 of them are single family homes while 1123 of them are condos and 94 are townhomes. For more information on this home for sale at 1537 E 51St St Los Angeles, CA 90011 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1537 E 51St St

Public county record property details
Beds
8
Baths
4
Year built
2010
Sq. Ft.
2,736
Lot Size
4,999
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
69
APN
5106-023-028

The source for these homes facts are from public records.

90011 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$649,000
Median List Price/Sq.Ft.
$462
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$405
Total Inventory
43
Median Sale to List Price %
104.76%
Avg Days on Market
54
Loan Type
Conventional (33.33%), FHA (25%), VA (0%), Cash (33.33%), Other (8.33%)

Tour This Home

Buy with Ardent Real Estate Group and save $3,368.

Image Description
Contact Jon
Los Angeles Agent
Call, Text or Message
(714) 706-1823
Get a $3,368 Cash Reward New

Buy this home with Ardent Real Estate Group and get $3,368 back.

Call/Text (714) 706-1823

Homes for Sale Near 1537 E 51St St

Nearby Homes for Sale

1541 E 51st St, Los Angeles, CA 90011
$949,000
8 Beds
4 Baths
3036 Sq.Ft.
1541 E 51st St
Los Angeles, CA 90011
1531 E 46th St, Los Angeles, CA 90011
$840,000
5 Beds
2 Baths
1767 Sq.Ft.
1531 E 46th St
Los Angeles, CA 90011
4427 Lima St, Los Angeles, CA 90011
$790,000
4 Beds
0 Baths
2076 Sq.Ft.
4427 Lima St
Los Angeles, CA 90011
4427 Lima St, Los Angeles, CA 90011
$790,000
5 Beds
2 Baths
2076 Sq.Ft.
4427 Lima St
Los Angeles, CA 90011
1195 E 49th St, Los Angeles, CA 90011
$995,000
6 Beds
3 Baths
2441 Sq.Ft.
1195 E 49th St
Los Angeles, CA 90011
4323 Honduras St., Los Angeles, CA 90011
$750,000
5 Beds
2 Baths
2022 Sq.Ft.
4323 Honduras St.
Los Angeles, CA 90011
1170 E 46th St, Los Angeles, CA 90011
$800,000
7 Beds
4 Baths
3220 Sq.Ft.
1170 E 46th St
Los Angeles, CA 90011
1247 E Vernon Ave, Los Angeles, CA 90011
$1,000,000
8 Beds
4 Baths
2541 Sq.Ft.
1247 E Vernon Ave
Los Angeles, CA 90011

Recently Sold Homes Near 1537 E 51St St

1541 E 51st St, Los Angeles, CA 90011
$705,000 Last Sold Price
8 Beds
4 Baths
3052 Sq.Ft.
1541 E 51st St
Los Angeles, CA 90011
5110 Compton Ave, Los Angeles, CA 90011
$779,000 Last Sold Price
10 Beds
6 Baths
3692 Sq.Ft.
5110 Compton Ave
Los Angeles, CA 90011
1525 E 50th St, Los Angeles, CA 90011
$565,000 Last Sold Price
5 Beds
2 Baths
1696 Sq.Ft.
1525 E 50th St
Los Angeles, CA 90011
1544 E 52nd St, Los Angeles, CA 90011
$900,000 Last Sold Price
10 Beds
6 Baths
3640 Sq.Ft.
1544 E 52nd St
Los Angeles, CA 90011

Related Resources to 1537 E 51St St

New Listings in 90011
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Call