5-Unit Apartment
New
For Sale
$850,000
626 E 51st, Los Angeles, CA 90011
Five apartments offer a varied bedroom mix, with four parking spaces on site.
Property Size3,265 SF
Lot Size0.11 Acres
Price / SF$260.34
Days on Market5
Property Features for 626 E 51st
General Information
Standard status
Active
Size
3,265 SF
Total Parking Spaces
4
Lot size
0.11 Acres
Property subtype
Multi-Family
Financials
Asking Price
$850,000
Cap Rate
8.3%
Gross Rent Multiplier
7.38
Site & Location
Neighborhood
South Park
Public Transit
Yes
Units
Unit Mix
1 x 1BR/1BA, 3 x 2BR/1BA, 1 x 3BR/1BA
Multifamily Units
5
Building Details
Year Built
1911
Listing Agency:
Lyon Stahl Investment Real Estate
Listed By:
Aaron Jacobson aaron@lyonstahl.com
Source:
Findhomesinsandiegoarea
Added: Oct 19
Changed: Oct 21
Last Checked: Oct 23 at 7:28AM
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 Lyon Stahl Investment Real Estate
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Investment Insights
Based on property information with market context.
Built in 1911, this five-unit apartment property contains approximately 3,265 SF on a 4,680 SF lot. The apartments comprise one 1-bedroom/1-bath unit, three 2-bedroom/1-bath units, and one 3-bedroom/1-bath unit. Four on-site parking spaces serve the property. The reported current cap rate is 8.30%, with a 7.38 GRM; pro forma rents indicate an 18.84% increase in scheduled income.
At 626 E 51st in Los Angeles, the property is described as near employment centers, retail corridors, and public transportation.
At 626 E 51st in Los Angeles, the property is described as near employment centers, retail corridors, and public transportation.
Key Highlights
- Five units: one 1‑bedroom/1‑bath, three 2‑bedroom/1‑bath, and one 3‑bedroom/1‑bath
- Approximately 3,265 SF of building area on a 4,680 SF lot
- Built in 1911
Property Analytics
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Open Analytics
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
1,523
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Five apartments offer a varied bedroom mix, with four parking spaces on site.
Where is this apartment building located?
The property is located at 626 E 51st Los Angeles, CA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Five units: one 1‑bedroom/1‑bath, three 2‑bedroom/1‑bath, and one 3‑bedroom/1‑bath; Approximately 3,265 SF of building area on a 4,680 SF lot; Built in 1911
