Last Updated: 10/28/2016 2:36 AM
Description for 416 W 51ST Street Los Angeles, CA 90037
INVESTOR ALERT!! :: "AS IS" opportunity tri-plex for strategic investors, landlords, and multi-family property portfolio holders. Adjacent to 110 and minutes to DTLA, this property is priced to attract a savvy investor who understands the market and has experience with rent control properties and units in need of improvement. Currently 100% occupied, seller prefers to CONVEY WITH ALL TENANTS IN PLACE. One side is a 2-story 3 BR / 2 BA while the other side has a 1 BR / 1 BA on above and below. This is NOT an opportunity for those using an owner occupied mortgage, unfortunately. An interesting opportunity for the future minded investor.
Exterior / Lot Features
Street Parking, 3 Car Garage, Driveway
Current market conditions for 416 W 51ST Street
Active Market Trends
Median list price$950,000
Days on market83
Properties for sale1,895
Sold Market Trends
Median sold price$720,000
Sales to list price100.3%
Median sq ft price$525
Arrows indicate 90 day trend
Listing Price History for 416 W 51ST Street
Los Angeles Real Estate
Los Angeles is located in California. Los Angeles, California 90037 has a population of 3,804,503.
The median household income in Los Angeles, California 90037 is $49,745. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in Los Angeles 90037 is 34.1 years.
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