$1,025,000
1565 W 51st, Los Angeles CA 90062
Multi-Family (Fourplex)
Property type
50 days
On market
$307
Price per sqft
0 cars
Garage
1923
Year built
13,505 sqft
Lot size
Open Houses
Overview
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...
Listing provided by: Alex Colombo DRE #01927702 310-978-7950, Keller Williams Coastal Prop.
Listing updated: Apr 17, 2026 at 01:33pm.
Last checked: Jun 5, 2026 at 06:01pm
Source: CRMLS #PW26082298
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $1,806 | $21,672 | $2,250 | Unfurnished |
| 1 | 2 | 1 | — | $1,200 | $14,400 | $2,250 | Unfurnished |
| 1 | 1 | 1 | — | $1,242 | $14,904 | $1,950 | Unfurnished |
| 1 | 1 | 1 | — | $1,297 | $15,564 | $1,950 | Unfurnished |
# of Buildings: 4
# of Units Total: 4
Separate Electric Meters: 4
Separate Gas Meters: 4
Separate Water Meters: 1
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
15.4x
List Price / Annual Gross Rent
Cap Rate
3.3%
NOI / List Price
Gross Scheduled Income: $66,540
Vacancy Allowance: $2,662
Vacancy Allowance Rate: 4%
Operating Expense: $30,073
Net Operating Income: $33,805
Annual Operating Expenses
Electric: $0
Fuel: $0
Insurance: $4,840
New Taxes: $13,062
Trash: $0
Water / Sewer: $5,600
Interior
Laundry: Washer Hookup
Entry Location: 1
Exterior
Property Attached: No
Stories Total: 1
Common Walls: No Common Walls
Lot Features: Two To Five Units Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 5016035011
Additional Parcels: No
Tax Lot: 32
Community
Senior Community: No
Community Features: Urban
Nearby Schools
Nearby schools around the 1565 W 51st, Los Angeles, CA 90062. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$820,000
Total Interest
$1,045,865
Total Payment
$1,865,865
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$6,401
per month
Property History for 1565 W 51st
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90062.
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