218 E 51ST ST, Los Angeles, CA 90011

Building Details

Year Built

1909

Listing office Downtown Realty s***@yahoo.com Show Phone

Listing date Jun 30, 2026

Source Crexi

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Overview

This fully gated four-unit residential property features two separate buildings, each containing two side-by-side one-bedroom, one-bath units. The units share the secured access created by the property’s full perimeter gating, and residents benefit from ample assigned parking located to the rear of the buildings. The property is currently positioned as a mix of occupied and deliverable space, with one unit scheduled to be delivered vacant. Several of the units do require repairs, which may be an important consideration for buyers evaluating renovation scope and timelines.

Located in Los Angeles, the property is described as just minutes from downtown and USC. The site sits on a generous 10,000 square foot lot, providing room for the rear parking arrangement serving the four units.

For tenants, the configuration supports independent one-bedroom living with secure entry and assigned parking. For buyers and investors, the property offers a straightforward four-unit structure with long-term tenancy in place, plus the ability to reset one unit upon delivery. Given that some units need repairs and cash is noted as preferred, this asset may be best suited for an owner-user or investor prepared to manage improvements while maintaining the existing rental base.

Suggested Use

Real Estate Agency Law Firm Dental Office Skin Care Clinic Bar & Pub Acupuncture Gym & Fitness Center Nursing Home (Bike/Boat/Book/etc) Store Nursing Home

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

-118.2768165

Latitude

33.9963866

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FAQs

What type of property is this?

Quadplex - Two two-unit buildings with assigned back parking and gated access; one unit vacant and others long-term tenants.

Where is this quadplex located?

The property is located at 218 E 51ST ST Los Angeles, CA.

What is the asking price?

The asking price for this property is $750,000.

What are key features of this property?

This property features: 1909‑built fully gated 4‑unit property on a 10,000 SF lot in Los Angeles; Two separate buildings, each with two side‑by‑side 1‑bedroom, 1‑bath units; Assigned back parking for residents