218 E 51st St, Los Angeles, CA, 90011
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.
Getting Around
Very Walkable
Good Transit
Very BikeableSchools
Construction
Condition
- Year built: 1909
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Interior Area
- Total structure area: 2,867
- Total interior livable area: 2,867 sqft
Property
Details
- Parcel number: 5109007010
Features
- Levels: One
Lot
- Lot size: 10,010 sqft
Parking
- Parking features: Open
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Los Angeles County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,438 | $41,256 |
| Home Insurance * | $142 | $1,704 |
| Property Taxes | $747 | $8,964 |
| Electricity | $614 | $7,377 |
| Total | $4,941 | $59,292 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-22 | Price change | $680,000 |
| 2026-06-29 | Listed for sale | $750,000 |
| 1999-11-04 | Sold | $115,000 |
| 1999-03-08 | Sold | $52,500 |
| 1998-04-10 | Sold | $134,790 |
| 1995-11-30 | Sold | $125,000 |
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