1150 E 51st, Los Angeles, California 90011, Los Angeles, 90011 - bed, bath
1150 E 51st
Los Angeles, California 90011
Property Price
SUMMARY
Analysis of 1150 E 51st, Los Angeles, California 90011 is currently available with a list price of $799,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
The property was built in 1905, making it over a century old. While the description states that '1 unit upstairs has been completely remodeled,' there are no interior images provided to assess the quality, style, or recency of this renovation. The exterior image shows a dated building with visible wear and tear, and an overall utilitarian appearance. Without evidence of extensive, recent renovations across all three units and the building's core systems (plumbing, electrical, HVAC, roof, foundation), it is highly probable that the un-remodeled units and the overall infrastructure require substantial repairs and rehabilitation. The age of the property and the limited scope of known renovations suggest that major components likely show significant defects or are well past their expected lifespan, leading to a 'Poor' condition rating for the property as a whole.
PROSSTRENGTHS & OPPORTUNITIES
- Income-Producing Triplex
The property is a triplex explicitly marketed as an income-producing asset, offering multiple revenue streams from three distinct units.
- Owner-Occupant Investment Potential
The ability to 'live in one and rent the others' provides an attractive opportunity for owner-occupant investors to offset mortgage costs.
- Vacant Units for Flexibility
Two units can be delivered vacant, offering immediate flexibility for the new owner to select tenants, set market rents, or occupy a unit without existing lease obligations.
CONSRISKS & DEFICIENCIES
- Historic Age & Potential Deferred Maintenance
Built in 1905, the property's age suggests a high likelihood of outdated systems (plumbing, electrical) and potential for significant deferred maintenance in the un-remodeled units.
- Incomplete Remodel
Only one of the three units has been remodeled, indicating that the other two units will likely require substantial investment for renovation to maximize their rental income and appeal.
- Lower-Rated Local Schools
Several nearby schools have lower ratings (2s and 3s), which could be a deterrent for families with school-aged children and potentially impact long-term property value appreciation.
About 1150 E 51st
Good opportunity to own Income producing property. Lots of potential! Features 3 units in heart of Los Angeles with each unit consisting of 2 bedrooms and 1 bath each. 1 unit upstairs has been completely remodeled. Lot features plenty of parking for 4-6 vehicles. Live in one and rent the others. 2 units can be delivered vacant
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1905
- Lot Size
- 5,798 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Hooper Avenue Elementary School
Grades 1-5 • 0.1 mi
Aurora Elementary School
Grades K-5 • 0.2 mi
Sally Ride Elementary: A Smart Academy
Grades K-5 • 0.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 2,264 | 1,974 | 72% |
| Lot Size | 5,798 | 5,288 | 76% |
| Price | $799.0K | $710.0K | 69% |
| Price per sq ft | $353 | $353 | 50% |
| Built year | 1905 | 1912 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 125 | 231 | 14% |
Pricing History
Listed for Sale
Nov 1, 2025
$799,000
Initial Listing
Sold
Nov 21, 2002
$249,500
Public Record