1565 W 51st St Los Angeles, CA 90062
Vermont Square NeighborhoodEstimated payment $6,249/month
Highlights
- 0.31 Acre Lot
- Laundry Facilities
- 1-Story Property
About This Home
1565 W 51st Street is a four-unit multifamily property situated on a ±13,504 SF LAR2 lot. The property consists of two (2) two-bedroom/one-bathroom units and two (2) one-bedroom/one-bathroom units per public record. The improvements are spread across four separate structures. All units are currently configured and operating as two-bedroom layouts, including a front unit featuring a two-bedroom plus den layout, with the den currently utilized as a third bedroom. The building totals approximately ±3,626 square feet and was originally constructed in 1922. The property features a long driveway with access from the street to the rear, along with alley access, and provides approximately ten (10) on-site parking spaces. Water is master-metered; gas and electricity are separately metered. The current configuration and layout provide flexibility for both investors and potential owner-users, with income in place and multiple paths to reposition or occupy over time.
Listing Agent
Keller Williams Coastal Prop. Brokerage Phone: 310-978-7950 License #01927702 Listed on: 04/16/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1923
Lot Details
- 13,505 Sq Ft Lot
- No Common Walls
- Density is 2-5 Units/Acre
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 3,338 Sq Ft Home
- 1-Story Property
- Washer Hookup
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Location
- Urban Location
Listing and Financial Details
- Tax Lot 32
- Tax Tract Number 971
- Assessor Parcel Number 5016035011
- $891 per year additional tax assessments
Community Details
Overview
- 4 Buildings
- 4 Units
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $4,840
- Water Sewer Expense $5,600
- New Taxes Expense $13,062
- Operating Expense $30,073
- Gross Income $66,540
- Net Operating Income $33,805
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,506 | $557,076 | $382,991 | $174,085 |
| 2024 | $7,331 | $546,154 | $375,482 | $170,672 |
| 2023 | $7,205 | $535,446 | $368,120 | $167,326 |
| 2022 | $6,898 | $524,948 | $360,902 | $164,046 |
| 2021 | $6,800 | $514,656 | $353,826 | $160,830 |
| 2020 | $6,861 | $509,379 | $350,198 | $159,181 |
| 2019 | $6,612 | $499,392 | $343,332 | $156,060 |
| 2018 | $6,383 | $489,600 | $336,600 | $153,000 |
| 2016 | $4,569 | $343,276 | $239,253 | $104,023 |
| 2015 | $4,508 | $338,121 | $235,660 | $102,461 |
| 2014 | $4,554 | $331,498 | $231,044 | $100,454 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/16/2026 04/16/26 | For Sale | $1,025,000 | +156.3% | $307 / Sq Ft | |
| 08/19/2012 08/19/12 | Sold | $400,000 | 0.0% | $120 / Sq Ft | View Prior Sale |
| 07/19/2012 07/19/12 | Pending | -- | -- | -- | |
| 07/09/2012 07/09/12 | For Sale | $400,000 | -- | $120 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Lawyers Title | |
| Grant Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | Title 365 | |
| Grant Deed | $330,000 | -- | |
| Grant Deed | $295,000 | Pacific Coast Title Company | |
| Interfamily Deed Transfer | -- | Ticor Title-Glendale | |
| Grant Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | Ticor Title Company | |
| Grant Deed | $475,000 | Ticor Title Company | |
| Interfamily Deed Transfer | -- | Commerce Title Co | |
| Grant Deed | $325,000 | Commerce Title Co | |
| Grant Deed | $190,000 | Fidelity National Title |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $665,000 | New Conventional | |
| Closed | $546,000 | New Conventional | |
| Closed | $435,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $392,000 | New Conventional | |
| Previous Owner | $336,000 | New Conventional | |
| Previous Owner | $315,000 | New Conventional | |
| Previous Owner | $259,915 | Purchase Money Mortgage | |
| Previous Owner | $417,000 | New Conventional | |
| Previous Owner | $403,750 | Purchase Money Mortgage | |
| Previous Owner | $16,250 | Unknown | |
| Previous Owner | $260,000 | Purchase Money Mortgage | |
| Previous Owner | $10,000 | Unknown | |
| Previous Owner | $20,128 | FHA | |
| Previous Owner | $12,000 | Unknown |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW26082298
APN: 5016-035-011
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