2051 S Corning Street

Los Angeles, CA 90034

  • 15 Bed(s)
  • 0 Bath(s)
  • 6,448 Sqft
  • 6307
    Sqft(Lot)
$2,395,000

Description

We are proud to present 2051 s corning st, a 6-unit property located in the palms submarket priced at a 5.24% cap and a 111.99 grm! this opportunity consists of a single, two-story building built in 1960 comprising of 6,448sf situated on a 6,307sf lard1.5 zoned lot featuring a superior unit mix of (5) three-bedroom two bath and (1) studio units. 4 of 6 units have been renovated and the earthquake retrofit has been completed! with alley access, this property features 5 parking spaces in the rear, providing tenants easy access to and from the building. one three-bedroom two bath unit, featuring a private yard, will be delivered vacant and renovated. there is potential to operate the building at a 7.04% cap rate and 9.74 grm at market rents, offering an exceptional opportunity for any type investor looking to preserve capital while continuing to drive long term returns in an exceptionally robust submarket that is continuing to improve with ongoing development. contact the listing broker for additional details.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    49185424

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Property Details

  • Bedroom Information

    • Total Bedrooms : 15

    Bathroom Information

    • Total Baths: 11
    • Full Baths: 0
    • Half Baths: 0

  • Building Information

    • Year Built: 1960
    • Building Area Total: 6,448

  • Lot Details

    • Lot Dimensions Source: Assessor
    • Lot Size Acres: 0.1448
    • Lot Size Dimensions: 45x140
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 6307

  • Listing Price Information

    • Original List Price: 2,395,000
    • Listing Contract Date: 2025-04-01

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 4302027015

  • Garage and Parking

    • Garage Description: Attached Carport
    • Attached Garage: Yes

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: C09 - Beverlywood Vicinity
    • Postal Code Plus 4: 1456
    • Directions: Google Maps: 2051 S Corning St, Los Angeles, CA 90034
    • Zoning: LARD1.5
    • Source Property Type: Residential Income
    • Area: C09 - Beverlywood Vicinity

    Building and Construction

    • Property Age: 65
    • Year Built Source: Assessor
    • Total Square Feet Living: 6448
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 06/13/2025 @ 11:36

  • MLS: 25519279
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 15 bedrooms which is for sale, it has 6,448 sqft, 6,307 sized lot, and 0 parking. are nearby neighborhoods.