Properties
Los Angeles, CA 90037 1016 W 51st Place
$799,000
25 more
Presented By: Jorge Rico with Rico and Rico Realty and Assoc; 5626400056
Baths • 2
SQFT • 1,752
Garage • 1
Home Details
2 DETACHED UNITS in the HEART LA! WITHIN 5 MINUTES FROM USC, LA MEMORIAL COLISEUM, BMO STADIUM AND 15 MINUTES FROM SOFI STADIUM, KIA FORUM, INTUIT DOME, CRYPTO ARENA & DTLA. Front unit shows an open floor concept with 3bedrooms+2baths (2bed+1bath on records) which will be delivered vacant at closing. Front unit has undergone renovation in the last 5-10 years in kitchen and bathrooms, new laundry area, HVAC system, electrical upgrade & rewire, flooring, windows and customized windows shutters. Front yard has beautiful and mature avocado, lemon, guava, orange & Japanese plum trees. Back unit shows 2bedrooms+1bath (1bed+1bath on records) which will be delivered with tenant in place. Back unit roof was replaced 3 years ago, windows and flooring replaced & kitchen updated within the last 5 years as well as electrical re-wire with sub-panel update. There is a newly cemented parking area in between the units and a one-car garage attached to the back unit available for new owner’s use Separate electrical & gas meters for each unit. Run before this one is gone!!
Presented By: Jorge Rico with Rico and Rico Realty and Assoc; 5626400056
Interior Features for 1016 W 51st Place
Other Interior Features
Common WallsNo Common Walls
Laundry FeaturesElectric Dryer Hookup, Gas Dryer Hookup, Inside
Total Stories1
Other Rooms
Entry Level1
General for 1016 W 51st Place
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
CityLos Angeles
Community FeaturesCurbs, Sidewalks
ContingencySale is subject to Seller finding a replacement property and for both escrows to close concurrently.
CountyLos Angeles
DirectionsFrom Vermont Ave southbound make a right on 51st or from Vermont Ave northbound make a left on 51st
Electric Expense
Entry LocationFront
Fuel Expense
Garage Spaces1
Garage Y/NYes
Gross Income59640
Insurance Expense1146
Land Lease Y/NNo
LevelsOne
Listing TermsCash, Cash to Existing Loan, Conventional, 1031 Exchange, FHA 203(b), FHA 203(k), FHA, Fannie Mae, Freddie Mac, Subject To Other
Lot Size Square Feet4881
Lot Size UnitsSquare Feet
MLS AreaC34 - Los Angeles Southwest
Net Operating Income55966
New ConstructionNo
Number Of Units Total2
Open Parking Spaces1
Operating Expense59640
Pool FeaturesNone
PostalCityLOS ANGELES
Property Attached Y/NNo
Property Sub Type AdditionalDuplex
Property SubtypeDuplex
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count1
Tax Lot8
Tenant PaysCable TV, Electricity, Gas
Trash Expense0
Water Sewer Expense1864
Year Built1923
Year Built SourceAssessor
Exterior for 1016 W 51st Place
Building Area Total1752
Lot Features0-1 Unit/Acre
Lot Size Acres0.1121
Lot Size Area4881
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters1
Private PoolNo
Total Parking2
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
