$1,025,000

Estimated payment $6,249/month

Total Views 1,395
6 Beds
4 Baths
3,338 Sq Ft
$307 Price per Sq Ft

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

Alexandro Colombo

Keller Williams Coastal Prop. Brokerage Phone: 310-978-7950 License #01927702 Listed on: 04/16/2026

Keller Williams Coastal Prop.

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0.31 Acres

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 5600.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5016035011
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 307.07

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 13505.00
  • Lot Size Acres: 0.3100

Multi Family

  • Gross Income: 66540.00
  • Gross Scheduled Income: 66540.00
  • Insurance Expense: 4840.00
  • Lot Size Area: 13505.0000 Square Feet
  • Net Operating Income: 33805.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 30073.00
  • Rent Control: Yes
  • Total Expenses: 30073.00
  • Vacancy Allowance Rate: 4.00

Tax Info

  • New Taxes Expense: 13062.00
  • Tax Lot: 32
  • Tax Tract Number: 971
  • TaxOtherAnnualAssessmentAmount: 891.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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
Source: California Regional Multiple Listing Service (CRMLS)

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
Source: Public Records

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: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW26082298

California Regional Multiple Listing Service (CRMLS)

APN: 5016-035-011

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