4 Units on 13,500 SF Lot | Separate Structures | Rent Spread Opportunity
1565 W 51st Street is a four-unit property situated on a ±13,504 SF LAR2 lot in South Los Angeles. 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, with all units currently configured and operating as two-bedroom layouts. The front unit features a two-bedroom plus den layout, with the den currently used as a third bedroom. The property offers a long driveway with access from the street to the rear, along with alley access and approximately ten (10) on-site parking spaces. Water is master-metered; gas and electricity are separately metered. Current rents reflect long-term occupancy, with a clear gap to turnover levels. The layout and configuration allow for multiple approaches to future use, including continued operation as-is or repositioning over time.
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