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    1248 W 51St Pl Los Angeles, CA 90037

    New
    For Sale
    $625,000

    MULTI_FAMILY - Los Angeles, CA

    Property size:
    2,068 SF
    Lot size:
    0.12 Acres
    Days on Market:
    4
    Last Refresh:
    Dec 7 at 7:06 pm

    Property Features for 1248 W 51St Pl

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    LAR1
    Rooms
    Bedroom 3, Bathroom 3, Bedroom 1, Bathroom 4, Bathroom 1, Bedroom 5, Bathroom 2, Bedroom 4, Bedroom 2
    Bedrooms
    5
    Bathrooms
    3
    APN
    5002-002-029
    Parking features
    Garage
    Patio and Porch features
    Porch
    Fireplace
    1
    Size
    2,068 SF
    Lot size
    0.12 Acres

    Building Details

    Year built
    1924
    Floors in Building
    1
    Number of units
    3
    Flooring type
    Mixed, Wood, Tile, Vinyl, Carpet
    Roof type
    Shingle

    Playa Marina Properties (310) 827-7802 [email protected]

    Listing agent Sandra Green-Murray (310) 827-7802 License #01059811

    Listing date Dec 4, 2025

    MLS# 25625577 Listing URL

    Copyright © 2025 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Value-Add Triplex Opportunity in Los Angeles

    This triplex presents an opportunity for investors or owner-users. Located in the Vermont Square neighborhood, the property features a vacant front single-family residence with 3 bedrooms, plus two rear single units, one of which will also be delivered vacant. The property is being sold in as-is condition, offering the freedom to renovate, reconfigure, or reposition according to investment strategy. The vacant 3-bedroom front home is ready for immediate improvement or occupancy. The second vacant single provides additional flexibility for upgrading, leasing, or redesigning. The property is situated on a lot of 0.1171 acres. The property is zoned LAR1. The building size is 2068 square feet. 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. This property offers add-value potential and possibilities to transform it into an income-producing property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.297629
    Latitude
    33.995723

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    FAQs

    What type of property is this?
    Triplex - Triplex in Vermont Square with two vacant units.
    Where is this triplex located?
    The property is located at 1248 W 51St Pl Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: - Two Units Delivered Vacant: Great opportunity for renovation, occupancy, or rental income.; - Value-Add Potential: A fixer-upper, allowing for significant improvements and increased property value.; - Triplex Configuration: Offers multiple income streams.
    (310) 827-7802
    Request Owner's contact information
    1248 W 51St Pl Los Angeles, CA 90037
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    Los Angeles, CA 90037
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1248 W 51St Pl Los Angeles, CA 90037
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