131 N Avenue 51 Los Angeles, CA ^$ 1,350,000

131 N Avenue 51

^$ 1,350,000

Back to search

131 N Avenue 51

Los Angeles, CA, 90042

^$ 1,350,000

Bedrooms17 Baths15.0 Sq 7,095

Monthly Estimate*

^$ 8,973

Listed by Stevenson Real Estate Services

131 N Avenue 51, Los Angeles, CA 90042 - Image 1

Multi-Family Home for sale in Los Angeles, CA

for $1,350,000 with 17 bedrooms and 15 full baths. This 7,095 square foot home was built in 1963 on a lot size of 0.2221.

Excellent opportunity to purchase an apartment building in the heart of Highland Park just off of Figueroa Street; the property is eight (8) units with an excellent unit mix: (2) 3+3, (1) 3+2, (2) 2+2, (1) 2+1 and (2) 1+1; significant upside in rents; the units are separately metered for electricity and gas; central hot water heater; laundry machines are leased; eight (8) carport parking spaces

Multi-Family Pending

Price

^$ 1,350,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Apartment

Lot Size

0.2221

Year Built

1963

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

GD23221487

Days on Market

187

Features

General

Sewer PublicSewer

Garage Spaces 0.0

Pool Features None

Year Built 1963

Property SubType Apartment

Gross Income 77777.0

Community Features Curbs

County Los Angeles

Net Operating Income 7301.0

Operating Expense 70476.0

Insurance Expense 4909.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Pending

Directions From El Paso Drive turn right onto N Avenue 50 left onto Monte Vista right onto N Ave 51

City Los Angeles

Entry Location Front

View Y/N N

Senior Community Y/N N

NumberOfUnitsTotal 8

MLS Area 632 - Highland Park

Lot Size Units SquareFeet

Lot Size Square Feet 9675.0

Private Pool N

Waterfront Y/N N

Carport Spaces 8.0

Carport Y/N Y

Street Name Avenue 51

Listing Terms Cash CashtoNewLoan

Property Attached Y/N Y

Land Lease Y/N N

Home Warranty Y/N N

Trash Expense 5913.0

Water Sewer Expense 7425.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 76

Building Area Units SquareFeet

Standard Status Pending

Year Built Source PublicRecords

Tax Lot 5468

Property Sub Type Additional Apartment

Exterior

Lot Features Item01UnitAcre

Water Source Public

Total Parking 8.0

Lot Size Area 9675.0

Number of Buildings 1

Spa N

Building Area Total 7095.0

Lot Size Acres 0.2221

Lot Size Source PublicRecords

Number of Separate Water Meters 1

Number of Separate Gas Meters 8

Number of Separate Electric Meters 8

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Common Walls Item2CommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Laundry Features CommonArea

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 131

* Excluded Features

List By

Stevenson Real Estate Services

Broker

(818) 956-7001

Phone

Affordability Calculator

$8,973

Per Month

Monthly Principal & Interest: $8,973
Monthly Property Taxes: --
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,991,518

Percent of Sale Price 48%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/2/2024	$1,350,000	-24.79%	Price Down
12/6/2023	$1,795,000		Listed Price

Map

More homes like this one

homes for you

See all

131 N Avenue 51, Los Angeles, CA, 90042 is a Multi-Family Home for sale at $1,350,000 with 7,095 sqft and a lot size of 0.2221. 131 N Avenue 51 has 17 bedrooms, 15.0 baths, and was built in 1963. The property's zip code is 90042 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/9/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

131 N Avenue 51

Multi-Family Home for sale in Los Angeles, CA

Affordability Calculator

Map

More homes like this one

Get more info about this home