1150 E 51st, Los Angeles, California 90011, Los Angeles, - bed, bath
ACTIVE$799,000
1150 E 51st, Los Angeles, California 90011
0Bed
0Bath
2,264Sqft
5,798Lot
Year Built
1905
Close
-
List price
$799K
Original List price
$799K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
DW25251640
Home ConditionPoor
Features
View-
About this home
Good opportunity to own Income producing property. Lots of potential! Features 3 units in heart of Los Angeles with each unit consisting of 2 bedrooms and 1 bath each. 1 unit upstairs has been completely remodeled. Lot features plenty of parking for 4-6 vehicles. Live in one and rent the others. 2 units can be delivered vacant
Nearby schools
2/10
Hooper Avenue Elementary School
Public,•1-5•0.1mi
2/10
Aurora Elementary School
Public,•K-5•0.2mi
3/10
Sally Ride Elementary: A Smart Academy
Public,•K-5•0.4mi
2/10
Forty-Ninth Street Elementary School
Public,•K-5•0.4mi
4/10
Ascot Avenue Elementary School
Public,•K-5•0.6mi
2/10
Harmony Elementary School
Public,•K-5•0.8mi
2/10
Holmes Avenue Elementary School
Public,•K-6•0.8mi
3/10
Wadsworth Avenue Elementary School
Public,•K-5•0.9mi
5/10
Estrella Elementary School
Public,•K-5•1.1mi
5/10
Lillian Street Elementary School
Public,•K-6•1.1mi
4/10
Nevin Avenue Elementary School
Public,•K-5•1.2mi
4/10
Quincy Jones Elementary School
Public,•K-5•1.3mi
3/10
Twenty-Eighth Street Elementary School
Public,•K-5•1.6mi
5/10
Twentieth Street Elementary School
Public,•K-5•1.8mi
5/10
Pacific Boulevard School
Public,•K-5•1.9mi
3/10
George Washington Carver Middle School
Public,•6-8•0.5mi
3/10
Los Angeles Academy Middle
Public,•6-8•0.6mi
3/10
Thomas A. Edison Middle School
Public,•6-8•1.1mi
2/10
Dr. Julian Nava Learning Academies-School Of Business And Technology
Public,•6-8•1.4mi
6/10
Vernon City Elementary School
Public,•K-7•1.5mi
3/10
Henry T. Gage Middle School
Public,•6-8•2.4mi
2/10
Thomas Jefferson Senior High School
Public,•9-12•0.9mi
3/10
Nava College Preparatory Academy
Public,•9-12•0.9mi
3/10
John C. Fremont Senior High School
Public,•9-12•2.0mi
4/10
Huntington Park Senior High School
Public,•9-12•2.2mi
5/10
Santee Education Complex
Public,•9-12•2.2mi
5/10
STEM Academy of Boyle Heights HS
Public,•9-12•3.8mi
5/10
Felicitas And Gonzalo Mendez High
Public,•9-12•3.9mi
Price History
Date
Event
Price
11/01/25
Listing
$799,000
11/21/02
Sold
$249,500
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (24 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 2,264 | 1,988 | 68% |
| Lot Size | 5,798 | 5,364 | 80% |
| Price | $799K | $710K | 64% |
| Price per square foot | $353 | $349 | 56% |
| Built year | 1905 | 1922 | 12% |
| HOA | |||
| Days on market | 5 | 168 | 4% |
Condition Rating
Poor
The property was built in 1905, making it over a century old. While the description states that '1 unit upstairs has been completely remodeled,' there are no interior images provided to assess the quality, style, or recency of this renovation. The exterior image shows a dated building with visible wear and tear, and an overall utilitarian appearance. Without evidence of extensive, recent renovations across all three units and the building's core systems (plumbing, electrical, HVAC, roof, foundation), it is highly probable that the un-remodeled units and the overall infrastructure require substantial repairs and rehabilitation. The age of the property and the limited scope of known renovations suggest that major components likely show significant defects or are well past their expected lifespan, leading to a 'Poor' condition rating for the property as a whole.
Pros & Cons
Pros
Income-Producing Triplex: The property is a triplex explicitly marketed as an income-producing asset, offering multiple revenue streams from three distinct units.
Owner-Occupant Investment Potential: The ability to 'live in one and rent the others' provides an attractive opportunity for owner-occupant investors to offset mortgage costs.
Vacant Units for Flexibility: Two units can be delivered vacant, offering immediate flexibility for the new owner to select tenants, set market rents, or occupy a unit without existing lease obligations.
Partially Remodeled Unit: One upstairs unit has been completely remodeled, providing a modern, move-in ready option that can command higher rent or serve as a comfortable owner's residence.
Ample Off-Street Parking: The lot features plenty of parking for 4-6 vehicles, a significant advantage and highly desirable amenity in a dense urban area like Los Angeles.
Cons
Historic Age & Potential Deferred Maintenance: Built in 1905, the property's age suggests a high likelihood of outdated systems (plumbing, electrical) and potential for significant deferred maintenance in the un-remodeled units.
Incomplete Remodel: Only one of the three units has been remodeled, indicating that the other two units will likely require substantial investment for renovation to maximize their rental income and appeal.
Lower-Rated Local Schools: Several nearby schools have lower ratings (2s and 3s), which could be a deterrent for families with school-aged children and potentially impact long-term property value appreciation.