A 1925 Triplex on 52nd Street That Quietly Rewrites the Rules of Ownership in South LA
Most people drive right past the kind of deal that changes everything. It does not announce itself. There is no billboard. No open house circus. Just a clean, well kept triplex on a tree lined block in South Los Angeles that has been doing what it was built to do for nearly a hundred years. 1510 W 52nd Street is one of those properties. Three units. Two buildings. One story. Built in 1925 and recently remodeled with a level of care that most investors skip entirely. The kind of property that rewards the buyer who slows down long enough to see what is actually here.
The property sits on a 5,424 square foot lot with roughly 2,000 square feet of living space spread across three units. Two of the units are occupied. The third, a two bedroom, one bathroom unit, is vacant and move in ready. And that is where the story gets interesting. The vacant unit was not left empty by accident. It was renovated with an owner occupant in mind. Clean, open layout. New landscaping. A private parking space accessible from the alley that leads directly to the unit's own entrance. This is not a converted garage or an afterthought. This is a home. It just happens to come with two income producing units attached to it.
The 90062 zip code sits in a part of Los Angeles that has been quietly evolving for years. Bordered by Crenshaw to the east and close to the trajectory of new transit and commercial investment, this neighborhood has benefited from the kind of slow, organic growth that builds lasting value. It is not a speculative market. It is a working class community with deep roots, strong rental demand, and proximity to job centers across the Westside and downtown. The kind of area where tenants stay because the location works for their daily lives. That is reflected in the property's rent roll. Even at current below market rents, the two occupied units are producing income. At market rates, those same units represent a meaningful offset to ownership costs. For the buyer who moves into the vacant unit, the math starts working from day one.
What makes this property stand out is not the price per unit or the cap rate. It is the structure of the opportunity. An owner occupant can move in with a low down payment, live in a thoughtfully remodeled two bedroom unit with their own private entrance and parking, and let the other two units generate income that goes directly toward paying down the mortgage. That is not a spreadsheet fantasy. That is how wealth gets built in Los Angeles real estate, one quiet, well located triplex at a time. The separately metered utilities across water, gas, and electric keep operating costs clean and manageable. The on site parking adds practical value in a neighborhood where street parking is competitive. And the 1925 construction, while nearly a century old, carries the kind of character and structural bones that newer builds rarely match.
South LA does not get the headlines that the Westside or the Valley attract. But it has something those markets often lack: entry points that still make sense for real people. 1510 W 52nd Street is listed at $1,025,000, and for that price a buyer gets a home, a rental portfolio, and a foothold in one of the most landlocked, supply constrained cities in the country. The sellers put real thought into preparing this property for its next chapter. The remodel is not cosmetic staging. It is quality work intended to last. The landscaping, the finishes, the layout of the owner's unit, all of it reflects an attention to detail that signals something important: this property was cared for, and it is ready to perform for whoever picks it up next.
For more information on 1510 W 52nd Street, reach out to Chandler Rockwell at The Rockwell Group. Direct: (310) 405 7632. Properties like this do not sit on the market long, and they rarely come back around once they are gone.