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$650,000
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Property Description
****Exceptional Value-Add Triplex Opportunity**** Two Units Delivered Vacant. Unlock the potential of this rare tri-plex, centrally located in the desirable Vermount Square neighborhood is ideal for investors, owner-users, or anyone looking to capitalize on significant upside. Situated on a generous lot, this property consists of a vacant front single-family residence with 3 bedrooms, plus two rear single units, one of which will also be delivered vacant at closing. Perfect for a buyer who can envision the possibilities. Property is a fixer and is being sold in as-is condition, offering the freedom to renovate, reconfigure, or reposition to your investment strategy. Whether you're planning to modernize the existing units, bring rents to market, or explore expansion potential (buyer to verify), this asset provides a strong foundation with room to grow. The vacant 3-bedroom front home is ready for immediate improvement or occupancy, making it an excellent choice for those interested in living on-site while renovating or for investors seeking a head start on stabilization. The second vacant single provides additional flexibility for upgrading, leasing, or redesigning for maximum return. Located near major transportation routes, shopping, dining, and employment centers, this area continues to attract consistent demand supporting long-term value and future rental growth. Opportunities with multiple vacant units, true add-value potential, and endless possibilities are increasingly hard to find. Don't miss the chance to transform this diamond in the rough into a standout income-producing property.
Full Property Details
Full Property Details for 1248 W 51st Pl
General
- Sold For: $650,000
- Status: Closed
- Type: Multi-Family
- Source: CLAW
- MLS ID: 25625577
- Added to Site: 89 day(s) ago
Interior
- Flooring: Mixed, Wood, Wood Under Carpet, Vinyl, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: In Unit
Additional Information
- Pool Description: None
- Spa Description: None
- Security/Safety: Gated
- Other Features: None
Exterior
- Deck/Patio: Porch - Front
Parking
- Garage Description: Garage - 4+ Car
Location
- Area: Los Angeles Southwest
- County: Los Angeles
- Driving Directions: Between Normandie and Budlong - North of Slauson/South of Vernon Ave
Heating & Cooling
- Cooling Type: None
- Heating Type: Floor
Structural Information
- # Buildings: 2
- Architectural Style: Craftsman
- Exterior Const.: Stucco
- Roof: Shingle
- Entry Location: Ground Level w/steps
- Stories/Levels: 1
- Square Feet: 2,068
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1924
- Year Built Source: Vendor Enhanced
- Property Condition: Fixer
Unit Information
- Units in Complex: 3
- Unit Type: 2106, 2107, 2108
Unit 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 2
- Total Bathrooms: 1
Unit 3
- Total Bathrooms: 1
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1171
- Lot Size: 5100
- Lot Size Source: Vendor Enhanced
- Lot Features: City
- Zoning: LAR1
- Lot Description: Fenced, Landscaped, Yard
Financial Considerations
- Price Per Sq. Ft.: $302.22
- Assessment Year: 1924
Disclosures and Reports
- Disclosures/Reports: None
- APN: 5002-002-029
Listed by SG Murray & Assoc/Playa Marina, Sandra Green-Murray
Sold by Realty One Group Homelink, Perla Martinez
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Schools
Schools serving 1248 W 51st Pl
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Fifty-Second Street Elementary School 816 West 51st Street, Los Angeles, CA 90037 | K-5 | 0.6 mi |
John Muir Middle School, Los Angeles, CA 5929 South Vermont Avenue, Los Angeles, CA 90044 | 6-8 | 0.7 mi |
Augustus F. Hawkins High A Critical Design And Gaming 825 West 60th Street, Los Angeles, CA 90044 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1248 W 51st Pl
Date
Details
Price
Change
Source
1/21/2026
Sold
$650,000
4%
MLS
12/04/2025
Listed
$625,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1248 W 51st Pl, Los Angeles, CA 90037 (MLS# 25625577) is a Multi-Family property that was sold at $650,000 on January 21, 2026. Want to learn more about 1248 W 51st Pl? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

