1729 W 51st Place, Los Angeles, California 90062, Los Angeles, 90062 - 3 bed, 2 bath
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1729 W 51st Place
Los Angeles, California 90062
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,844Sq Ft
5,502Lot Size
Property Price
LIST PRICE$850,000
EST. MARKET VALUE
$850,000
SUMMARY
This Turnkey Spanish-style Residence represents a Strong Value Opportunity, listed at a List Price of $850,000, which aligns perfectly with its $850,000 Fair Market Value. Featuring a Condition Rating of 2, the home offers a seamless blend of historic character and modern infrastructure, including updated electrical, copper plumbing, and a 50-year roof. With a spacious backyard and patio, this property provides an ideal lifestyle for those seeking a move-in ready home. It is an excellent choice for Owner-Occupants or first-time buyers prioritizing long-term stability.
Estimated Market Value
$850,000
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1729 W 51st Place Subject 3 bd · 2 ba · 1,844 sqft · $461 | $850,000* List Price | 3 | 2 | 1,844 | $461 | - |
A 1506 W 54th Street Sold 3 bd · 2 ba · 1,682 sqft · $550 · 0.4 mi | $925,000 | 3 | 2 | 1,682 | $550 | 0.4 mi |
B 4904 S Van Ness Avenue Sold 3 bd · 2 ba · 1,252 sqft · $587 · 0.5 mi | $735,000 | 3 | 2 | 1,252 | $587 | 0.5 mi |
C 4716 S Van Ness Avenue Sold 3 bd · 2 ba · 1,446 sqft · $518 · 0.6 mi | $749,000 | 3 | 2 | 1,446 | $518 | 0.6 mi |
D 1527 W 45th Street Sold 4 bd · 2 ba · 1,822 sqft · $554 · 0.5 mi | $1,010,000 | 4 | 2 | 1,822 | $554 | 0.5 mi |
E 4920 S Wilton Place Sold 5 bd · 4 ba · 2,018 sqft · $542 · 0.4 mi | $1,094,000 | 5 | 4 | 2,018 | $542 | 0.4 mi |
F 1812 W 48th Sold 4 bd · 2 ba · 2,215 sqft · $422 · 0.3 mi | $935,000 | 4 | 2 | 2,215 | $422 | 0.3 mi |
G 5714 S St Andrews Sold 0 bd · 0 ba · 1,728 sqft · $550 · 0.4 mi | $950,000 | 0 | 0 | 1,728 | $550 | 0.4 mi |
H 1726 W 52nd Street Active 4 bd · 3 ba · 2,106 sqft · $439 · 0.1 mi | $925,000 List Price | 4 | 3 | 2,106 | $439 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1912, the property has undergone a comprehensive renovation with major systems updated, including new electrical wiring, copper plumbing, and HVAC. The home features dual-pane windows installed in 2020 (<5 years) and a 50-year roof installed 10 years ago. The interior is in mint, move-in ready condition with vaulted ceilings, smooth plaster walls, and updated LED lighting, requiring no immediate maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Comprehensive Modern Upgrades
The property features significant infrastructure improvements including new electrical wiring, copper plumbing, HVAC, and a 50-year roof, significantly reducing immediate maintenance concerns for a buyer.
- Architectural Character
This Spanish-style home offers unique aesthetic appeal with vaulted ceilings, exposed wood beams, and skylights, blending historic charm with a modern open-concept layout.
- Strategic Commuter Location
Centrally located with convenient access to the 10, 110, and 105 freeways, the home provides excellent connectivity to major employment hubs across Los Angeles.
CONSRISKS & DEFICIENCIES
- Extended Market Stagnation
With over 400 days on the market and a 'back on the market' status, the property may face buyer skepticism regarding its valuation or previous failed escrow attempts.
- Century-Old Foundation
Despite extensive interior renovations, the 1912 build date suggests potential underlying challenges common in older structures, such as foundation settling or original structural limitations.
About 1729 W 51st Place
BACK ON THE MARKET! Spanish-style character meets modern upgrades at 1729 W 51st Pl, centrally located near the 10, 110, and 105 freeways. This thoughtfully renovated home features an open-concept layout with vaulted ceilings, exposed wood beams, skylights, and smooth plaster walls. The living, dining, and kitchen areas flow together seamlessly, perfect for everyday living and entertaining. Updates include new electrical wiring and main panel, copper plumbing, HVAC, insulation, drywall, and a 50-year roof installed just 10 years ago. Dual-pane windows (installed in 2020) bring in natural light, while updated LED lighting and a freshly painted exterior enhance energy efficiency and curb appeal. Original solid oak floors lie beneath the current flooring, and solid wood trim, doors, and custom touches add lasting value. The gated brick driveway and spacious backyard offer privacy and room to entertain. A perfect blend of style, function, and location don’t miss this exceptional LA home.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1912
- Lot Size
- 5,502 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,844 | 1,670.836 |
| Lot Size | 5,502 | 6,152.156 |
| Price | $850.0K | $1.34M |
| Price per sq ft | $461 | $807 |
| Built year | 1912 | 1941 |
| HOA | $0 | $238 |
| Days on market | 474 | 56 |
Pricing History
Listed for Sale
Mar 6, 2026
$850,000
$850,410
+0% Price Increase
Initial Listing
Price Change
Jan 16, 2026
$850,410
$859,000
-1% Price Drop
Initial Listing
Price Change
Jul 23, 2025
$859,000
Initial Listing