606 E 51st St LOS ANGELES, CA 90011
- $1,400,000
- 6 bd
- 6 ba
- 2,870 sqft
- 9,937 lot
- Est payment $7515.5/mo
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Property Information
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6 Beds
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6 Baths
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2,870 Sq. Ft.
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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.
Main Features
- Listing Status: For Sale Under Contract
- Year Built: 1915
- Floors: 1
- County: LOS ANGELES
- Units: 6
- Zoning: LAC2
- MLS Number:23-234037
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606 E 51st St LOS ANGELES, CA 90011
- $1,400,000
- 6 bd
- 6 ba
- 2,870 sqft
- 9,937 lot
- Est payment $7515.5/mo