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Los Angeles Triplex with Potential
For Sale
$799,000

1150 East 51st Street, Los Angeles, CA 90011

Income-producing triplex in Los Angeles with remodeled unit.

Property Size2,264 SF
Price / SF$352.92
Days on Market570

Property Features for 1150 East 51st Street

General Information

Standard status Active
Size 2,264 SF
Property subtype Residential Income
Zoning Assessor

Building Details

Year Built 1905
Buildings 2
Units 3
Listing Agency: Value Real Estate
Listed By: Fatima Arceo · License #01018785
Source: Compass
Added: Jan 31, 2025 Changed: Aug 23 Last Checked: Aug 24 at 12:15PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Value Real Estate

Investment Insights

Based on property information with market context.

This income-producing property presents a valuable opportunity. Located in the heart of Los Angeles, the property features three units. Each unit includes two bedrooms and one bathroom. One of the upstairs units has been completely remodeled. The lot provides parking space for four to six vehicles. Two units can be delivered vacant.

Key Highlights

  • Income‑producing property with 3 units.
  • Live in one unit and rent out the other two for potential income.
  • Two units can be delivered vacant.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Gym & Fitness Center Bar & Pub

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,289
Businesses Nearby

Demographics for 90011, CA

102,308
Population
25,119
Households
4.1
Avg Household Size
30
Median Age
6%
College-Educated
43%
High-School Grad
4.3 sq mi
ZIP Area
23,793
Density / Sq Mi
$53,781
Median Household Income
$27,889
Median Earnings
$1,497
Median Rent
$575,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Income-producing triplex in Los Angeles with remodeled unit.
Where is this triplex located?
The property is located at 1150 East 51st Street Los Angeles, CA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Income‑producing property with 3 units.; Live in one unit and rent out the other two for potential income.; Two units can be delivered vacant.
More about this property
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