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Image 1 - 219 W 51st St, Los Angeles, California, 90037 - House for sale
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Home For Sale In Los Angeles, California
219 W 51st St, Los Angeles, California, 90037

Home For Sale In Los Angeles, California

house for sale
Listed: 06/17/24

219 W 51st St, Los Angeles, California, 90037

3 Bed:
3 Bath:
1,706 Sq Ft Living Area:
Save
Price
$ 549,995

About This House

This side-by-side duplex, zoned LAR2, is a great opportunity for a developer or investor. The gated property features a 2-bed 1 -bath unit with in-unit laundry, a 1-bed 1-bath unit, and a detached structure in the rear of the property that has ADU potential. Each unit has a large living room, kitchen, and is separately metered for gas and electricity. Located just minutes to USC, Crypto Arena, LA Live, Downtown Los Angeles, South Park Recreation Center, the 110 and 10 freeways. Both tenants are month-to-month, subject to LA City rent control, and current on rent. If you are looking for a development opportunity or rental income in the heart of Los Angeles, this might be the right opportunity for you.

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South Park Housing & Living

Household Income

Median household income: $62,474
Number of households: 1,4M
The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.