218 E 51st St Los Angeles, CA 90011
South Park NeighborhoodEstimated payment $4,324/month
About This Home
Nestled in the heart of Los Angeles, just minutes from downtown and USC, this fully gated four-unit property sits on a generous 10,000 square foot lot. With two separate buildings, each housing two one-bedroom, one-bathroom units side by side, residents enjoy secure gated access and ample assigned parking in the back. All tenants are long-term, ensuring steady rental income, and two units can be delivered vacant perfect for an investor or owner-user. Some units do need repairs, Cash preferred. Don't miss this rare chance to own a slice of prime Los Angeles real estate.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1909
Lot Details
- 10,010 Sq Ft Lot
Parking
- Uncovered Parking
Interior Spaces
- 2,867 Sq Ft Home
- 1-Story Property
- Heated Floors
Listing and Financial Details
- Assessor Parcel Number 5109007010
Community Details
Overview
- 4 Units
Building Details
- Gross Income $5,893
- Net Operating Income $5,000
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 | $6,948 | $526,620 | $213,261 | $313,359 |
| 2024 | $6,824 | $516,295 | $209,080 | $307,215 |
| 2023 | $6,701 | $506,173 | $204,981 | $301,192 |
| 2022 | $6,407 | $496,249 | $200,962 | $295,287 |
| 2021 | $6,319 | $486,520 | $197,022 | $289,498 |
| 2019 | $6,141 | $472,091 | $191,179 | $280,912 |
| 2018 | $5,985 | $462,835 | $187,431 | $275,404 |
| 2016 | $5,083 | $396,454 | $180,153 | $216,301 |
| 2015 | $5,013 | $390,499 | $177,447 | $213,052 |
| 2014 | $5,049 | $382,851 | $173,972 | $208,879 |
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 |
|---|---|---|---|---|
| 07/22/2026 07/22/26 | Price Changed | $680,000 | -9.3% | $237 / Sq Ft |
| 06/29/2026 06/29/26 | For Sale | $750,000 | -- | $262 / 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 |
|---|---|---|---|
| Deed | -- | -- | |
| Interfamily Deed Transfer | -- | Fidelity Long Beach | |
| Grant Deed | -- | Investors Title Company | |
| Grant Deed | $115,000 | Provident Title Company | |
| Individual Deed | $52,500 | Provident Title | |
| Trustee Deed | $134,790 | Landsafe Title | |
| Corporate Deed | -- | Landsafe Title | |
| Gift Deed | -- | -- | |
| Gift Deed | -- | Title Land Company Inc | |
| Grant Deed | $125,000 | Title Land Company Inc | |
| Gift Deed | -- | -- | |
| Quit Claim Deed | -- | Title Land Company Inc | |
| Quit Claim Deed | -- | Title Land Company Inc |
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 | $446,000 | New Conventional | |
| Previous Owner | $440,000 | New Conventional | |
| Previous Owner | $328,500 | Unknown | |
| Previous Owner | $280,000 | Unknown | |
| Previous Owner | $175,000 | New Conventional | |
| Previous Owner | $164,000 | Purchase Money Mortgage | |
| Previous Owner | $114,059 | FHA |
Source: Bakersfield Association of REALTORS® / GEMLS
MLS Number: 202606963
APN: 5109-007-010
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Ask me questions while you tour the home.