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1023 W 51st, Los Angeles, California 90037, Los Angeles, 90037 - 3 bed, 2 bath

1023 W 51st, Los Angeles, California 90037 home-pic-0
ACTIVE$1,100,000
1023 W 51st, Los Angeles, California 90037
3Beds
2Baths
1,907Sqft
4,882Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Income Potential: The property features three distinct living spaces—a fully renovated primary residence and two brand-new Accessory Dwelling Units (ADUs)—offering significant rental income opportunities or flexible multi-generational living.
Top Cons:
Limited Lot Size for Multiple Units: The 4,882 sqft lot, while common for urban areas, may result in constrained private outdoor space for each of the three distinct living units.

Compared to the nearby listings

Price:$1.10M vs avg $965.0K (+$135,000)74%
Size:1,907 sqft vs avg 2,484 sqft30%
Price/sqft:$577 vs avg $35987%

More Insights

Built in 1910 (115 years old).
Condition: Despite the 1910 build year, the property has undergone a comprehensive and recent renovation, transforming it into a 'beautifully reimagined smart home' with a 'completely renovated primary residence' and 'brand-new ADUs.' The kitchen features modern white shaker cabinets, dark granite countertops, and stainless steel appliances, consistent with current trends. The main bathroom showcases contemporary marble-look tiling and a glass shower enclosure. Throughout the main living areas, there's elegant wood-look flooring, recessed lighting, and modern fixtures. The property also boasts smart home technology, solar panels, and a Tesla charging station, indicating new and energy-efficient systems. While one bathroom image (Image 7) appears slightly less luxurious than the main one, it is still clean and functional, likely from one of the new ADUs, and does not detract from the overall 'virtually new' condition of the extensively renovated property.
Year Built
1910
Close
-
List price
$1.1M
Original List price
$1.1M
Price/Sqft
$577
HOA
-
Days on market
-
Sold On
-
MLS number
SR25243834
Home ConditionExcellent
Features
Good View: City Lights, Neighborhood
Patio
ViewCity Lights,Neighborhood

About this home

Welcome to 1023 West 51st Place, a beautifully reimagined smart home that combines luxury design, modern technology, and versatile living. Nestled in one of Los Angeles’s most dynamic neighborhoods, this property offers three distinct living spaces — a completely renovated primary residence and two brand-new Accessory Dwelling Units (ADUs) — making it ideal for multigenerational families, investors, or homeowners seeking additional rental income. Main home: Experience modern luxury and versatility at this fully renovated smart home located in the heart of Los Angeles. The primary residence offers three bedrooms and two bathrooms, showcasing an open-concept design with elegant flooring, recessed lighting, and a chef-inspired kitchen featuring beautiful countertops, custom cabinetry, and stainless-steel appliances. Enjoy the convenience of smart home technology, allowing you to control lighting and ceiling fans directly from your phone. The home is also equipped with an innovative security door system, solar panels, and a Tesla charging station, combining innovation with eco-friendly efficiency. Adding to its exceptional appeal are two recently built Accessory Dwelling Units (ADUs) — ideal for income-producing rentals or multigenerational living. ADU 1: 2 bedrooms, one bath, open layout, and modern finishes. ADU 2: 1 bedroom, one bath, private and efficient — perfect for extended family or guests seeking independent space. Every detail has been thoughtfully updated for comfort and style, from designer fixtures to contemporary tilework and energy-efficient systems. The gated property offers parking and low-maintenance outdoor areas, ideal for relaxing or entertaining. Ideally situated minutes from Downtown LA, USC, and Exposition Park, this residence offers convenience, elegance, and financial opportunity all in one. Whether you’re looking for your dream home, a multi-family setup, or a high-return investment, 1023 West 51st Place delivers it all — luxury living, innovative technology, and income potential in one stunning package.

Nearby schools

3/10
Fifty-Second Street Elementary School
Public,•K-5•0.3mi
/10
Dr. James Edward Jones Primary Center
Public,•K-2•0.3mi
2/10
Marguerite Poindexter Lamotte Elementary
Public,•K-5•0.5mi
3/10
Normandie Avenue Elementary School
Public,•K-5•0.6mi
5/10
Menlo Avenue Elementary School
Public,•K-5•0.8mi
2/10
Western Avenue Elementary School
Public,•K-5•0.9mi
5/10
West Vernon Avenue Elementary School
Public,•K-5•0.9mi
2/10
Main Street Elementary School
Public,•K-5•1.1mi
2/10
Martin Luther King Jr. Elementary School
Public,•K-5•1.4mi
3/10
Angeles Mesa Elementary School
Public,•K-5•1.7mi
3/10
Trinity Street Elementary School
Public,•K-5•1.7mi
/10
Maple Primary Center
Public,•K-1•1.8mi
2/10
Forty-Second Street Elementary School
Public,•K-5•1.8mi
2/10
Tom Bradley Global Awareness Magnet School
Public,•K-5•2.2mi
3/10
Sixth Avenue Elementary School
Public,•K-5•2.7mi
2/10
John Muir Middle School
Public,•6-8•0.7mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•1.1mi
3/10
Los Angeles Academy Middle
Public,•6-8•1.7mi
1/10
Horace Mann Junior High School
Public,•6-8•1.8mi
3/10
William Jefferson Clinton Middle School
Public,•6-8•1.8mi
2/10
Audubon Middle School
Public,•6-8•2.3mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,•9-12•0.8mi
3/10
Manual Arts Senior High School
Public,•9-12•0.8mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,•9-12•2.1mi
3/10
Nava College Preparatory Academy
Public,•9-12•2.5mi
5/10
Santee Education Complex
Public,•9-12•2.8mi

Price History

Date
Event
Price
12/30/14
Sold
$280,000
09/20/13
Sold
$165,000
09/27/02
Sold
$6,192
Condition Rating
Excellent
Despite the 1910 build year, the property has undergone a comprehensive and recent renovation, transforming it into a 'beautifully reimagined smart home' with a 'completely renovated primary residence' and 'brand-new ADUs.' The kitchen features modern white shaker cabinets, dark granite countertops, and stainless steel appliances, consistent with current trends. The main bathroom showcases contemporary marble-look tiling and a glass shower enclosure. Throughout the main living areas, there's elegant wood-look flooring, recessed lighting, and modern fixtures. The property also boasts smart home technology, solar panels, and a Tesla charging station, indicating new and energy-efficient systems. While one bathroom image (Image 7) appears slightly less luxurious than the main one, it is still clean and functional, likely from one of the new ADUs, and does not detract from the overall 'virtually new' condition of the extensively renovated property.
Pros & Cons

Pros

Exceptional Income Potential: The property features three distinct living spaces—a fully renovated primary residence and two brand-new Accessory Dwelling Units (ADUs)—offering significant rental income opportunities or flexible multi-generational living.
Comprehensive Modern Renovation: The entire property has been 'beautifully reimagined' and 'fully renovated' with luxury design, modern finishes, a chef-inspired kitchen, and designer fixtures, ensuring a move-in ready condition.
Advanced Smart Home & Eco-Friendly Features: Equipped with smart home technology (lighting, ceiling fans), solar panels, and a Tesla charging station, appealing to tech-savvy and environmentally conscious buyers.
Strategic Urban Location: Ideally situated minutes from Downtown LA, USC, and Exposition Park, providing excellent access to major employment centers, educational institutions, and cultural attractions.
Enhanced Security & Low Maintenance: The gated property offers increased security and privacy, complemented by low-maintenance outdoor areas, which is highly desirable for urban living.

Cons

Limited Lot Size for Multiple Units: The 4,882 sqft lot, while common for urban areas, may result in constrained private outdoor space for each of the three distinct living units.
Age of Original Construction: Despite extensive renovations, the primary residence's original build year of 1910 could potentially harbor unforeseen structural or systemic issues not fully addressed by the updates.
Mixed Local School Performance: While some nearby schools have high ratings, the overall school district shows a mix of performance ratings, which might be a consideration for families prioritizing consistent top-tier public education.

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