1016 W 51st Place
Los Angeles, CA, 90037
$825,000
MLS: DW26199935
Beds
—
Baths
—
Sq Ft
1,752
Lot
0.11 ac
Year Built
1923
MLS #
DW26199935
Days on Market
32
Listed
Sep 11, 2026
Description
FULL VACANCY for 2 DETACHED UNITS in the HEART LA! WITHIN 5 MINUTES FROM USC, LA MEMORIAL COLISEUM, BMO STADIUM AND 15 MINUTES FROM SOFI STADIUM, KIA FORUM, INTUIT DOME, CRYPTO ARENA & DTLA. Front unit shows an open floor concept with 3bedrooms+2baths (2bed+1bath on records) which will be delivered vacant at closing. Front unit has undergone renovation in the last 5-10 years in kitchen and bathrooms, new laundry area, HVAC system, electrical upgrade & rewire, flooring, windows and customized windows shutters. Front yard has beautiful and mature avocado, lemon, guava, orange & Japanese plum trees. Back unit shows 2bedrooms+1bath (1bed+1bath on records) which will be delivered vacant with full asking price. Back unit roof was replaced 3 years ago, windows and flooring replaced & kitchen updated within the last 5 years as well as electrical re-wire with sub-panel update. There is a newly cemented parking area in between the units and a one-car garage attached to the back unit available for new owner’s use. Separate electrical & gas meters for each unit. Run before this one is gone!!
Location
Los Angeles, Los Angeles County, CA 90037
Open on Google Maps ↗Listed by: Jorge Rico · Rico and Rico Realty and Assoc
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$6,610
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $82,500 · Loan: $742,500
Average 30-yr fixed rate 7.40% as of Oct 8, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $5,141
- Property tax (1.25%)
- $859
- Homeowners insurance
- $300
- Mortgage insurance
- $309
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Oct 8, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.73%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $28,875 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Los Angeles, CA 90037 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor, Antelope Valley
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