219 West 51st Street

Los Angeles, CA 90037

$549,995
Price
3
Beds
3
Baths
1,706 Sq. Ft.
$322 / Sq. Ft.
1,706
Sq. Ft.
$322
per Sq. Ft.

Description

This side-by-side duplex, zoned LAR2, is a great opportunity for a developer or investor. The gated property features a 2-bed 1 ½-bath unit with in-unit laundry, a 1-bed 1-bath unit, and a detached structure in the rear of the property that has ADU potential. Each unit has a large living room, kitchen, and is separately metered for gas and electricity. Located just minutes to USC, Crypto Arena, LA Live, Downtown Los Angeles, South Park Recreation Center, the 110 and 10 freeways. Both tenants are...This side-by-side duplex, zoned LAR2, is a great opportunity for a developer or investor. The gated property features a 2-bed 1 ½-bath unit with in-unit laundry, a 1-bed 1-bath unit, and a detached structure in the rear of the property that has ADU potential. Each unit has a large living room, kitchen, and is separately metered for gas and electricity. Located just minutes to USC, Crypto Arena, LA Live, Downtown Los Angeles, South Park Recreation Center, the 110 and 10 freeways. Both tenants are month-to-month, subject to LA City rent control, and current on rent. If you are looking for a development opportunity or rental income in the heart of Los Angeles, this might be the right opportunity for you.
  1. Listed by Daniel Madariaga • DRE #01810477 • Brokerage DRE #01810477 • Contempo Realtors • 818-445-7953

Property Details for 219 West 51st Street

Parking Spaces Total
0
Private Pool
No
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
1706
Assessor Parcel Number
5110-023-024
Property Attached YN
false

Location

Listing Courtesy of Contempo Realtors, Daniel Madariaga, DRE #01810477
Add your commute
LISTING UPDATED: 04/29/2024 04:41 AM

Property Details for 219 West 51st Street

StatusActive
MLS #BB24067632
Days on Market15
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1912
Lot Size0.13 AC / 5,465 SF
CountyLos Angeles County

Location

Listing Courtesy of Contempo Realtors, Daniel Madariaga, DRE #01810477
Add your commute

Building Information for 219 West 51st Street

Stories1Residences-Year Built1912Building Size-Lot Size0.13 AC / 5,465 SF

Payment Calculator

$3,597 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,002

Property Taxes

$595

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 219 West 51st Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $25,000
  • Net Operating Income: $0
Expense Details
  • Operating Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Block: B
  • Tax Tract Number: 0
  • Tax Census Tract: 2319.01
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 39
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside, See Remarks
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Yard
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,350
  • Unit Type Total Rent: $1,350
  • Unit Type Pro Forma: 2100
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $730
  • Unit Type Total Rent: $730
  • Unit Type Pro Forma: 1600
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Property History for 219 West 51st Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 219 West 51st Street

Taxable ValueLand$390,150Additions$176,868Total$567,018
Tax Record2023$7,136 ($595 / month)
Home Facts
Total Finished SqFt1,706 SqFtAbove Grade Finished SqFt1,706 SqFtLot Size5,463 SqFtStyleDuplexYear Built1912ZoningLAR2CountyLOS ANGELESAPN5110-023-024

Schools near 219 West 51st Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Main Street Elementary School
PublicK to 5

Los Angeles Academy Middle
Public6 to 8

Thomas Jefferson Senior High School
Public9 to 12

Nava College Preparatory Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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219 West 51st Street is a multi-family home for sale in Los Angeles, CA 90037. This property was listed for sale on April 5, 2024 by Contempo Realtors, it's currently listed at $549,995. It has been on the market for a total of 15 days and was last sold on June 21, 2010. This listing's school district is Los Angeles Unified School District. Nearby schools include Main Street Elementary School, Los Angeles Academy Middle and Thomas Jefferson Senior High School. 219 West 51st Street is a 3-bed, 3-bath, 1,706 sqft multi-family home built in 1912.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Contempo Realtors, Daniel Madariaga, DRE #01810477

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.