1320 W 51st Place, Los Angeles, California 90037, Los Angeles, 90037 - 5 bed, 4 bath
1320 W 51st Place
Los Angeles, California 90037
Property Price
SUMMARY
Analysis of 1320 W 51st Place, Los Angeles, California 90037 reveals a property with a current list price of $1,029,900, which is 7% above the estimated $959,728 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1320 W 51st Place Subject | $1,029,900* List Price | 5 | 4 | 2,069 | $464 | - |
A 1020 W 55th Street Sold | $779,000 | 3 | 2 | 1,560 | $499 | 0.5 mi |
B 1306 W 48th Street Sold | $899,000 | 3 | 2 | 2,008 | $448 | 0.3 mi |
C 1102 W 53rd Street Pending | $825,000 List Price | 5 | 2 | 1,794 | $460 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property consists of a completely reimagined 1912 main residence and a brand-new 2-bedroom ADU. Both units feature high-end, modern renovations including new shaker-style cabinetry, quartz countertops with waterfall edges, stainless steel appliances, and recessed lighting. The interior boasts new wide-plank flooring, updated electrical panels, and modern HVAC systems (central and mini-splits), meeting the criteria for a fully renovated property with all-new components.
PROSSTRENGTHS & OPPORTUNITIES
- Dual-Unit Income Potential
The property features a brand-new 2-bedroom, 2-bathroom ADU alongside a remodeled main home, offering significant rental income potential or a perfect setup for multigenerational living.
- Separate Utilities
Both residences have their own legal addresses and are separately metered, providing a streamlined experience for landlords and clear utility separation for tenants.
- Turnkey and Vacant
The entire property is delivered completely vacant and recently remodeled, allowing for immediate move-in or the ability to set market-rate rents without the hassle of existing tenancies.
CONSRISKS & DEFICIENCIES
- Recently Sold Property
The property was recently sold within the past year on 2025-06-16. The sold price is $511,000.00. The property was recently sold within the past year on 2025-06-16. The sold price is $540,000.00.
- Local School Ratings
The majority of the assigned public schools in the immediate area carry low performance ratings, which may be a deterrent for families prioritizing education.
- Century-Old Infrastructure
Despite the extensive remodel, the primary structure dates back to 1912, which can often lead to higher long-term maintenance requirements compared to newer builds.
About 1320 W 51st Place
Completely reimagined 1910s super spacious HOME PLUS A BRAND NEW 2 Beds 2 Baths 760 sq ft ADU in rear. Two homes in one lot. Endless possibilities. Two legal addresses and separately metered. Welcome to 1320 W 51st St where original charm meets modern living. Completely VACANT this remodeled yet rich with character is a very spacious 3- bedroom 2-bathroom home that surprises at every turn with light-filled rooms and a generous bonus area perfect for family life, entertaining, or creating your dream flex space. Tucked behind the main residence is a brand-new 2-bedroom 2- bathroom, 760 sq ft ADU, a rare find that opens the door to income potential, multigenerational living, or the ultimate private guest retreat. From the moment you arrive, this property invites you to imagine endless memories. Come see it for yourself, don't take my word for it. Homes like this don't come along often and this one must be seen to be believed. Easy to show.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1912
- Lot Size
- 5,103 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Normandie Avenue Elementary School
Grades K-5 • 0.5 mi
Dr. James Edward Jones Primary Center
Grades K-2 • 0.5 mi
Western Avenue Elementary School
Grades K-5 • 0.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 93% |
| Baths | 4.0 | 2.0 | 93% |
| Square foot | 2,069 | 1,384 | 79% |
| Lot Size | 5,103 | 5,443 | 28% |
| Price | $1.03M | $655.0K | 86% |
| Price per sq ft | $498 | $464 | 59% |
| Built year | 1912 | 1912 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 45 | 171 | 10% |
Pricing History
Listed for Sale
Feb 17, 2026
$1,029,900
$1,039,900
-1% Price Drop
Initial Listing
Price Change
Jan 29, 2026
$1,039,900
$1,048,800
-1% Price Drop
Initial Listing
Price Change
Jan 20, 2026
$1,048,800
Initial Listing
Sold
Jun 16, 2025
$511,000
Public Record
Sold
Jun 16, 2025
$540,000
Public Record