986 E 51st St
Property Description
***Now can be delivered with TWO units vacant*** 986 East 51st is a charming Craftsman-influenced California bungalow duplex in South LA, offered at $749,000 with one unit delivered vacant. Built in 1912, the property totals approx. 1,937 SF and is comprised of a downstairs 3-bdrm./2-bath residence and a separate upstairs 1-bdrm./1-bath unit. The property has the warmth and scale of an early LA bungalow, with a covered front porch, gabled roofline, wood-sided exterior, mature landscaping, and a residential feel that gives it more character than a typical duplex. The downstairs 3-bdrm./2-bath unit has been updated with wood-style flooring, kitchen cabinetry, granite countertops, tile flooring in the kitchen, updated bathroom fixtures, and central A/C. The upstairs 1-bdrm. unit has also been updated and is vacant, giving a buyer the ability to move in, lease it at market rent, or decide how they want the property to work for them from day one. A rear carport, on-site parking area, and private yard space add everyday functionality for tenants or an owner-user. Located near Central Ave, Avalon Blvd, Vernon Ave, and the 110 Freeway, 986 East 51st Street sits within a South Los Angeles neighborhood setting with access to local retail, transit corridors, and major city anchors. The property is also approx. 3 miles east of USC, Exposition Park, USC Village, BMO Stadium, the LA Memorial Coliseum, The Shrine Auditorium, and nearby museums and public spaces. 986 East 51st Street offers a character-rich duplex with immediate flexibility, giving buyers a practical entry point into real estate ownership and long-term portfolio building.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $695,000 |
| No. of Units: | 2 |
| Year Built: | 1912 |
| Lot Size: | 1,796.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $347,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 3 |
ID: 3yd-CLAWCA-26866291
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Final Deal Analysis
Similar Properties in the Area
3115 Arvia Street, Unit 1
Los Angeles, CaliforniaBrokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Greg Corbin
Northgate Real Estate Group
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout