324 W 51st St, Los Angeles, CA 90037

bedrooms 16
bathrooms 7
|Other
NZD $2,815,882
USD $1,595,000
Published on: 03 Oct 2026
Last updated on: 14 Oct 2026
324 W 51st St, Los Angeles, CA 90037
324 W 51st St, Los Angeles, CA 90037
324 W 51st St, Los Angeles, CA 90037
+16
324 W 51st St, Los Angeles, CA 90037
  • 16
Property ID: 110120082529
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Residential Income, Contemporary, Los Angeles, CA

324 W 51st St, Los Angeles, CA 90037
Renovated six-unit income property in South Park (South LA) The 1922 front building was remodeled into four 3-bedroom units. Two are 3/1.5 down, two are 3/1 up. Two detached 2 bed / 1 bath ADUs were built in 2024. Renovated kitchens with shaker cabinets, stainless appliances, built-in microwaves and vinyl plank floors. Mini-split heat and AC in every unit. The four front units have dishwashers and in-unit stacked laundry. Gas and electric are separately metered. Water is submetered. Tenants pay gas, electric and trash. Five units also pay water. All six units are leased at $14,657 per month. Four leases began in 2026. 8.0% cap rate and 9.4 GRM at list price. Minutes to USC, Exposition Park and the Lucas Museum. Buyer to verify all figures, permits, unit count and square footage. Short sale, subject to lender approval.

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Land Size
511.93 m2
Building Size
482.45 m2
Year Built
1922
Rooms
16 bedroom(s), 7 bathroom(s)
Architecture Style
Contemporary
Num Floors
2
County
Los Angeles
Parcel ID
5110-027-007
Provider
The MLS/CLAW
Brokerage Office Name
Beverly and Company, Inc.
Brokerage Office Phone
(818) 342-4160
Neighbourhoods
Downtown L.A.
Address
324 W 51st St, Los Angeles, CA 90037
Contact Agent
Nicholas Hedberg
Beverly & Company Luxury Properties
9350 Wilshire Blvd. Suite 250, Beverly Hills, CA 90212
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Nicholas Hedberg
9350 Wilshire Blvd. Suite 250, Beverly Hills, CA 90212
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      Property ID: 110120082529

      Original Property ID: 3yd-CLAWCA-26994983
      Data provided by The MLS/CLAW, MLS #: 26994983
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