1248 W 51st Place, Los Angeles, CA 90037

$650,000
5
BD
3
BA
2,068
SqFt

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Sold Price
$650,000
List Price
$625,000
Closing Date
Jan 21, 2026
Status
CLOSED
MLS#
25625577
Year Built
1924
Bedrooms
5
Bathrooms
3
Living Sq. Ft
2,068
Lot Size
5,100
Acres
0.12
Lot Location
Landscaped, Yard
Days on Market
5
Property Type
Multifamily
Style
Craftsman
Stories
One Level

Property Description

****Exceptional Value-Add Triplex Opportunity**** Two Units Delivered Vacant. Unlock the potential of this rare tri-plex, centrally located in the desirable Vermount Square neighborhood is ideal for investors, owner-users, or anyone looking to capitalize on significant upside. Situated on a generous lot, this property consists of a vacant front single-family residence with 3 bedrooms, plus two rear single units, one of which will also be delivered vacant at closing. Perfect for a buyer who can envision the possibilities. Property is a fixer and is being sold in as-is condition, offering the freedom to renovate, reconfigure, or reposition to your investment strategy. Whether you're planning to modernize the existing units, bring rents to market, or explore expansion potential (buyer to verify), this asset provides a strong foundation with room to grow. The vacant 3-bedroom front home is ready for immediate improvement or occupancy, making it an excellent choice for those interested in living on-site while renovating or for investors seeking a head start on stabilization. The second vacant single provides additional flexibility for upgrading, leasing, or redesigning for maximum return. Located near major transportation routes, shopping, dining, and employment centers, this area continues to attract consistent demand supporting long-term value and future rental growth. Opportunities with multiple vacant units, true add-value potential, and endless possibilities are increasingly hard to find. Don't miss the chance to transform this diamond in the rough into a standout income-producing property.

Additional Information

Appliances
Dishwasher, Refrigerator
Pool Description
None
Fireplace Description
Bath, Dining Room, Living Room
Cooling Description
None
View
None
Exterior Construction
Stucco
Patio
Front Porch
Roof
Shingle
Interior Features
Ceiling Fan(s)
Attached Structure
Detached
Number Of Units Total
3

Listing courtesy of Listing Agent: Sandra Green-Murray (smu8253385@aol.com) from Listing Office: SG Murray & Assoc/Playa Marina.

Listing sold by Perla Martinez from Realty One Group Homelink

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.