324 W 51st St, Los Angeles, CA 90037

Los Angeles
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
324 W 51st St,Los Angeles, CA 90037
$2,050,000
  • - Beds
  • - Baths
  • 5,193 sq. ft.
  • Multi-family
  • Active
Listed by: marie feleo so
Office: keller williams realty310-375-3511
MLS#:SB26136834
Source:CRMLS

Price summary

  • Price:$2,050,000
  • Price per sq. ft.:$394.76

About this home

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...

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Home facts

  • Year built:2023
  • Listing ID #:SB26136834
  • Added:9 day(s) ago
  • Updated:July 05, 2026 at 10:35 AM

Rooms and interior

  • Living area:5,193 sq. ft.

Structure and exterior

  • Year built:2023
  • Building area:5,193 sq. ft.
  • Lot area:0.13 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,050,000
  • Price per sq. ft.:$394.76

Features and amenities

  • Appliances:Dryer, Washer
  • Laundry features:Dryer, Washer
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