1758 W 51st Street, Los Angeles, California 90062, Los Angeles, 90062 - 3 bed, 2 bath
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1758 W 51st Street
Los Angeles, California 90062
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,600Sq Ft
8,000Lot Size
Property Price
LIST PRICE$800,000
EST. MARKET VALUE
$788,627
SUMMARY
This Hybrid Single Family Residence represents a Prime Investment Opportunity, listed at $825,000—positioned well below the $847,506 Fair Market Value by 2%. This valuation gap offers $22,506 in Instant Equity. Featuring a Condition Rating of 3, the home includes modern HVAC and updated plumbing, while the expansive 8,000 sq. ft. lot provides significant ADU development potential. Ideally located near SoFi Stadium, this property is perfect for Buy-and-Hold Investors or Owner-Occupants seeking long-term appreciation and rental income.
Estimated Market Value
$788,627
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 |
|---|---|---|---|---|---|---|
★ 1758 W 51st Street Subject | $800,000* List Price | 3 | 2 | 1,600 | $493 | - |
A 1812 W 48th Sold | $935,000 | 4 | 2 | 2,215 | $422 | 0.2 mi |
B 4904 S Van Ness Avenue Sold | $735,000 | 3 | 2 | 1,252 | $587 | 0.4 mi |
C 4716 S Van Ness Avenue Sold | $749,000 | 3 | 2 | 1,446 | $518 | 0.4 mi |
D 1506 W 54th Street Sold | $925,000 | 3 | 2 | 1,682 | $550 | 0.5 mi |
E 4177 Halldale Avenue Sold | $775,000 | 3 | 1 | 1,483 | $523 | 0.9 mi |
F 4620 S Van Ness Avenue Sold | $600,000 | 2 | 1 | 1,128 | $532 | 0.5 mi |
G 4822 Cimarron Street Sold | $685,000 | 3 | 2 | 1,800 | $381 | 0.3 mi |
H 1664 W 55th Street Sold | $620,000 | 3 | 2 | 1,098 | $565 | 0.4 mi |
I 5107 Cimarron Active | $799,999 List Price | 3 | 2 | 1,310 | $611 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While built in 1912, the property has undergone significant renovations including an updated kitchen with stainless steel appliances and a completely remodeled primary bathroom. Key systems have been modernized with copper plumbing, a new water heater, and central HVAC. The home is move-in ready with well-maintained finishes like laminate flooring and crown molding, though the kitchen aesthetic suggests the renovation is likely in the 5-15 year range.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8000, living area = 1600.
- Exceptional Development Potential
The oversized 8,000 sq. ft. lot is a rare find in this area, offering significant space to construct an ADU or a second home for high-yield rental income or multi-generational living.
- Modernized Historic Character
This 1912 Craftsman perfectly blends vintage charm, like coffer ceilings and crown molding, with essential modern upgrades including central HVAC, updated copper plumbing, and a fully remodeled primary suite.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1600, other record living area = 1537. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Market Traction Issues
The property has been on the market for 43 days and has already undergone a $25,000 price reduction, suggesting the initial list price may have exceeded local market expectations.
- Aged Infrastructure Risks
Despite recent updates, a home built in 1912 may still harbor underlying maintenance challenges inherent to century-old structures that could require future capital investment.
About 1758 W 51st Street
*Welcome to 1758 W 51st in Los Angeles! Gorgeous Historic 1912 Craftsman Home with HUGE lot ~ build a second home or ADU, amazing opportunity! This Home features 3 bedrooms, 2 full bathrooms, beautiful coffer ceilings, recessed lighting, crown molding, laminate wood flooring throughout the home, accented tile in the dining room, custom shutters on windows throughout the home, updated copper plumbing, new water heater, central heating, central air conditioning, custom brick ribbon and landscaping. An abundance of natural light beaming through the home. The completely remodeled and updated primary bathroom showcases a spa shower, elegant tile, and updated fixtures and low flow toilets in both bathrooms. Updated Kitchen offers stainless steel appliances and indoor laundry room, washer and dryer included, is large with tons of cabinetry on 3 walls! HUGE oversized Primary Suite with walk in closets. Situated on an expansive approximately 8,000 sq. ft. lot, 2-Car Garage wood paneling sides and roof inside with automatic garage door. HUGE driveway newly paved to host 6 cars! In back another tile pad for 2 more vehicles. This amazing property offers exceptional potential to build an ADU or second home, creating a rare income-producing opportunity. Excellent security alarm system, Ring system, remote control gated front entry to driveway. Ideally located just a 10-minute ride from SoFi Stadium, home to major sporting and entertainment events and a key venue for the 2028 Olympic Games. Whether you’re seeking a charming family home, multi-generational living, or a prime investment property with future development potential, this unique Craftsman delivers both character and opportunity. **Sellers willing to contribute to buyer's rate buydown and/or closing costs**
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1912
- Lot Size
- 8,000 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 | 1,600 | 1,664.159 |
| Lot Size | 8,000 | 6,066.556 |
| Price | $800.0K | $1.35M |
| Price per sq ft | $500 | $806 |
| Built year | 1912 | 1939 |
| HOA | $0 | $278 |
| Days on market | 84 | 55 |
Pricing History
Listed for Sale
Aug 1, 2026
$800,000
$825,000
-3% Price Drop
Initial Listing
Price Change
Jun 23, 2026
$825,000
$850,000
-3% Price Drop
Initial Listing
Price Change
Jun 17, 2026
$850,000
Initial Listing