33.99633 -118.26477

606 E 51st St LOS ANGELES, CA 90011

327281489 33.99633 -118.26477 213 /listing/327281489-150284439/606-e-51st-st-los-angeles-ca-90011 False 0 1400000.0 2870 105 6 6 23-234037 False
  • $1,400,000
  • 6 bd
  • 6 ba
  • 2,870 sqft
  • 9,937 lot
  • Est payment $7515.5/mo

Property Information

  1. 6 Beds
  2. 6 Baths
  3. 2,870 Sq. Ft.
  4. 9,937 Lot

Multi-Family in Los Angeles

The Avalon Park Development, a 9,937SF C2, Tier 1 TOC development site is located within the heart of South LA, across the street from the 20-acre South Park that encompasses walking paths, a baseball diamond (lighted), basketball courts (lighted), and a seasonal pool. 606 E 51st St provides a developer with the opportunity to build up to a maximum of 38 units (Buyer to verify). The property is 80 feet in width and 125 feet in depth, with a 15-foot wide alley on the East property line. The property is currently improved with 6 detached bungalow structures; all one-bedroom + one-bathroom units. With the existing rents, the property presently provides a value-add investor with over 90+% of rental upside. Contact the listing broker today for additional information.

Courtesy Of Keller Williams Realty Westside

Main Features

  • Listing Status: For Sale Under Contract
  • Year Built: 1915
  • Floors: 1
  • County: LOS ANGELES
  • Units: 6
  • Zoning: LAC2
  • MLS Number:23-234037

Additional Features

  • Cooling:
    • None
  • Disclosures:
    • None
  • Common Walls:
    • Detached/No Common Walls
  • Unit 1 Furnished:
    • No
  • Unit 2 Furnished:
    • No
  • Unit 3 Furnished:
    • No
  • Unit 4 Furnished:
    • No
  • Other Structures:
    • None
  • Parking:
    • None
  • Parking Spaces:
    • 6
  • Heating:
    • Wall
  • Security Features:
    • Gated
  • Alley:
    • Yes
  • Number of Buildings:
    • 6
  • Board:
    • The Combined Los Angeles/Westside MLS
  • Gross Income:
    • 77750
  • Net Operating Income:
    • 54425.00
  • Probate Sale:
    • Fo
  • Rent Control:
    • Yes
  • Special Conditions:
    • Standard
  • Expenses:
    • 23325
  • Gross Operating Income:
    • 77750
  • Listing Agent License Number:
    • 02122389
  • Lot Size Area:
    • 9937
  • LP Per SQFT:
    • 487.80
  • Other Equipment:
    • None
  • Total Acres:
    • 0.2281
  • Under Contract Date:
    • 2023-01-23
  • Unit 1 Bathrooms:
    • 1.00
  • Unit 1 Bedrooms:
    • 1
  • Unit 1 Rent:
    • 876.24
  • Unit 1 Total Units:
    • 606
  • Unit 2 Bathrooms:
    • 1.00
  • Unit 2 Bedrooms:
    • 1
  • Unit 2 Rent:
    • 876.24
  • Unit 2 Total Units:
    • 608
  • Unit 3 Bathrooms:
    • 1.00
  • Unit 3 Bedrooms:
    • 1
  • Unit 3 Rent:
    • 920.00
  • Unit 3 Total Units:
    • 612
    • 614
  • Unit 4 Bathrooms:
    • 1.00
  • Unit 4 Bedrooms:
    • 1
  • Unit 4 Rent:
    • 920.00
  • Unit 5 Bathrooms:
    • 1.00
  • Unit 5 Bedrooms:
    • 1
  • Unit 5 Furnished:
    • No
  • Unit 5 Rent:
    • 885.85
  • Unit 5 Total Units:
    • 616
Neighborhood info courtesy of Homes.com © 2023

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.

Request More Info

33.99633 -118.26477

606 E 51st St LOS ANGELES, CA 90011

327281489 33.99633 -118.26477 213 /listing/327281489-150284439/606-e-51st-st-los-angeles-ca-90011 False 0 1400000.0 2870 105 6 6 23-234037 False
  • $1,400,000
  • 6 bd
  • 6 ba
  • 2,870 sqft
  • 9,937 lot
  • Est payment $7515.5/mo