703 E 51st Street, Los Angeles, CA 90011

$699,000 Asking Price

3 beds
2 baths
1,650  sqft
Built in 1930

This beautifully maintained family home, lovingly cared for by owner for 45 years, is now on the market. Situated in an R2 Zone, it offers significant potential for value addition with the possibility of an ADU or the construction of a new unit. The property boasts a spacious 7,500 sq ft lot with a large backyard. Inside, you'll find 3 bedrooms, 2 bathrooms, and a den with views of the backyard. The home also features a formal dining room, a new roof, and a long driveway leading (extra parking space) to a 2-car detached garage. Conveniently located near schools, markets, public transportation, the 110 and 10 freeways and just a short drive to DTLA, this home is a MUST-SEE to fully appreciate its charm and potential!


Features & Amenities

Interior

General:
All Bedrooms Down
Laundry:
Inside
A/C:
false, None
Fireplace:
None

Exterior

Pool:
None
Parking:
Parking spaces: 2

Construction

General:
1

Location

HOA Amenities:
0.0
Originating MLS:
CRMLS
School District:
Los Angeles Unified
County:
Los Angeles

Lot

Zoning:
LAR2, 5108013021
View:
Neighborhood, View

Utilities

Water:
Public
Sewer:
Unknown Sewer

Financial

Source:
CRMLS

This listing courtesy of:
Expert Real Estate & Investment, Caroline Gim

About Los Angeles, CA

Housing

Number of Units
906,276
Median Home Value
$764,749
Median Rent
$1,399

71.58% of housing units are renter occupied.

6.82% are vacant.

Commute

Car
56.67%
Public Transportation
8.41%
Walk to Work
3.27%
Work from Home
29.71%
Other
1.00%

The median travel time to work is 25 minutes.

People

Population
2,373,885
Median Age
35.80
Median Household Size
2.78

Education

High School
18.57%
Associate’s Degree
5.55%
Bachelor’s Degree
22.72%
Graduate Degree
12.23%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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