Rare turnkey 4-unit investment property | 12 BD / 8 BA | Fully Remodeled | Delivered Vacant in a prime Los Angeles location minutes from USC University, Downtown LA, and major shopping centers. Fully remodeled from top to bottom new roof, stucco, interior/exterior paint, electrical, plumbing, windows, HVAC, tankless water heaters, flooring, doors, granite kitchen countertops, and upgraded bathrooms throughout. Zero deferred maintenance. One of the units is Brand new ADU built 2026. Property is delivered vacant so you set the rents and choose your tenants from day one. Projected cap rate exceeding 7%. Flexible floor plan ideal for market-rate rentals, student housing, senior care, or licensed residential care/rehab facility. Owner-user opportunity available live in one unit and rent the remaining three. A true plug-and-play asset in one of LA's strongest rental corridors. Do not miss this opportunity. ** Note BD/BA count may differ from recorded title.
For sale
$1,469,000
532 W 51st St, Los Angeles, CA 90037
12beds
8baths
3,326sqft
:
Get pre-qualified$9,922/mo
Multi Family
Built in 1965
-- sqft lot
$1,445,200 Zestimate®
$442/sqft
$-- HOA
What's special
- 18 days |
- 87 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Farhoud Bastanfar DRE # 01738433 310-486-1224,
Keller Williams Encino/Sherman Oaks 818-475-3575,
Meran Solamany DRE # 01301571 310-666-7822,
Keller Williams Beverly Hills
Source: CLAW,MLS#: 26852301
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 8
Heating
- Heat Pump
Cooling
- Air Conditioning
Appliances
- Included: Disposal, Exhaust Fan
- Laundry: Gas Dryer Hookup
Interior area
- Total structure area: 3,326
- Total interior livable area: 3,326 sqft
Property
Parking
- Total spaces: 4
- Parking features: None
Features
- Levels: One
- Stories: 2
Lot
- Size: 5,501 Square Feet
Details
- Additional structures: None
- Parcel number: 5001032005
- Zoning: LARD2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1965
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $442/sqft
- Tax assessed value: $797,640
- Annual tax amount: $9,960
- Date on market: 7/6/2026
- Total actual rent: 0
- Tenant pays: Gas
Estimated market value
$1,445,200
$1.37M - $1.52M
$2,142/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/6/2026 | Listed for sale | $1,469,000+87.9%$442/sqft |
Source:  CLAW #26852301 Report a problem | ||
| 4/4/2024 | Sold | $782,000$235/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,960 +688.3% | $797,640 +957.7% |
| 2024 | $1,263 +1.1% | $75,411 +2% |
| 2023 | $1,249 +3.5% | $73,933 +2% |
| 2022 | $1,207 +3% | $72,484 +2% |
| 2021 | $1,172 -0.3% | $71,064 +1% |
| 2020 | $1,176 | $70,336 +2% |
| 2019 | $1,176 +9.9% | $68,958 +2% |
| 2018 | $1,070 | $67,607 +2% |
| 2017 | $1,070 +1.6% | $66,282 +2% |
| 2016 | $1,053 +6% | $64,984 +1.5% |
| 2015 | $994 -1.3% | $64,009 +2% |
| 2014 | $1,007 | $62,756 +2.5% |
| 2012 | -- | $61,249 +2% |
| 2011 | -- | $60,049 +0.8% |
| 2010 | -- | $59,601 -0.2% |
| 2009 | -- | $59,744 +2% |
| 2008 | -- | $58,574 +2% |
| 2007 | -- | $57,426 +2% |
| 2006 | -- | $56,301 |
| 2005 | -- | $56,301 +4% |
| 2004 | -- | $54,116 +1.9% |
| 2003 | -- | $53,126 +2% |
| 2002 | -- | $52,086 +4% |
| 2000 | -- | $50,066 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: South Los Angeles
Nearby schools
GreatSchools rating
- 2/10Fifty-Second Street Elementary SchoolGrades: K-5Distance: 0.2 mi
- 5/10John Muir Middle SchoolGrades: 6-8Distance: 0.8 mi
- 4/10Augustus F. Hawkins High A Critical Design And GamingGrades: 9-12Distance: 0.8 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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