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Four-Unit Multifamily Property with Parking
For Sale
$1,025,000

1565 W 51st, Los Angeles, CA 90062

MULTI_FAMILY - Los Angeles, CA

Property Size3,626 SF
Lot Size0.31 Acres
Price / SF$282.68
Days on Market129

Property Features for 1565 W 51st

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 4, Bedroom 1, Bedroom 5, Bedroom 6, Bathroom 2, Laundry Room, Bathroom 1, Bathroom 3
Lot features 2-5 Units/ Acre
Directions From 110 Fwy exit Slauson, go W to Vermont, S to 51st, W to property
Subdivision C34 - Los Angeles Southwest
Standard status Active
APN 5016035011
Lot size 0.31 Acres

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1923
Floors in Building 1
Number of units 4
Listing Agency: Keller Williams Coastal Prop. · Keller Williams Realty
Listed By: Alex Colombo · License #01927702
Added: Apr 10 Changed: Aug 14 Last Checked: Aug 16 at 2:06PM
MLS# PW26082298

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This four-unit multifamily property sits on a +/-13,504 SF LAR2 lot and includes approximately +/-3,626 SF of improvements in four separate structures. The two two-bedroom/one-bathroom units and two one-bedroom/one-bathroom units are currently configured as two-bedroom layouts. The front unit features a two-bedroom plus den layout, with the den being used as a third bedroom.

Access includes a long driveway from the street to the rear, plus alley access. The property provides approximately ten (10) on-site parking spaces. Water is master-metered, while gas and electricity are separately metered.

Constructed in 1923, the current configuration offers a flexible setup for investors and potential owner-users, with multiple unit layout approaches supported by the existing arrangement across the separate structures.

Key Highlights

  • +/-13,504 SF LAR2 lot with access via long driveway to the rear plus alley access
  • Approximately +/-3,626 SF improvements across four separate structures
  • Four units total: two two‑bedroom/one‑bathroom and two one‑bedroom/one‑bathroom units

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Spa & Massage Center Acupuncture

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

Lease Details

4
Residential units
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,501
Businesses Nearby

Demographics for 90062, CA

32,524
Population
10,060
Households
3.2
Avg Household Size
36
Median Age
17%
College-Educated
65%
High-School Grad
1.9 sq mi
ZIP Area
17,118
Density / Sq Mi
$63,652
Median Household Income
$35,911
Median Earnings
$1,473
Median Rent
$672,700
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?
Quadplex - Four-unit multifamily property with on-site parking, long driveway access, and alley access.
Where is this quadplex located?
The property is located at 1565 W 51st Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,025,000.
What are key features of this property?
This property features: +/-13,504 SF LAR2 lot with access via long driveway to the rear plus alley access; Approximately +/-3,626 SF improvements across four separate structures; Four units total: two two‑bedroom/one‑bathroom and two one‑bedroom/one‑bathroom units
More about this property
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