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Josh Canova

josh.canova@evrealestate.com +1(858) 361-7010

$ 625,000

Est. payment -/mo

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Active

1248 W 51st PL Los Angeles, CA 90037

5 Beds

3 Baths

2,068 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,068 sqft

Price per Sqft $302

MLS Listing ID 25625577

Bedrooms 5

Construction Status Fixer

HOA Y/N No

Year Built 1924

Property Description

****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.

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Zoning LAR1

Interior

Interior Features Ceiling Fan(s)

Cooling None

Flooring Tile, Vinyl, Wood

Fireplaces Type Bath, Dining Room, Living Room

Fireplace Yes

Appliance Dishwasher, Refrigerator

Exterior

Pool None

Community Features Gated

View Y/N No

View None

Roof Type Shingle

Porch Front Porch

Private Pool No

Building

Lot Description Landscaped, Yard

Story 1

Entry Level One

Architectural Style Craftsman

Level or Stories One

New Construction No

Construction Status Fixer

Others

Senior Community No

Tax ID 5002002029

Security Features Gated Community

Special Listing Condition Standard

Listed by Sandra Green-Murray SG Murray & Assoc/Playa Marina

Josh Canova

Advisor | License ID: C135485

+1(858) 361-7010

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