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1500 W 50th Street

Los Angeles, CA 90062

– beds
– baths
– sqft
5,791 sqft lot
1924 build
– on site

Great opportunity to own a income property for the price of a single-family home! This well-maintained, remodeled property sits on a large corner lot and features a 4-bedroom, 2-bathroom front house and a 2-bedroom, 1-bathroom separate unit in the back. Both units are fully tenant-occupied with long-term, stable tenants, providing immediate rental income. The property is gated for privacy and includes ample parking. Conveniently located near schools, USC, Bank of California Stadium, museums, downtown LA, shopping centers, grocery stores, restaurants, coffee shops, and parks, with easy access to major freeways. This is a fantastic investment opportunity with low maintenance costs and great potential for rental upside in a highly metropolitan area. Ideal for seasoned investors or first-time buyers looking to start collecting income right away!

Listed By CRMLS_CA / Mark Perez / Circle Real Estate / 562-754-0660

Last checked: Checking… • Last updated Oct 12, 2024 •

MLS# RS24209898 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1924
Year Built Source:

Public Records
New Construction:

No
Entry Level:

1
Common Walls:

No Common Walls
Building Area Total:

2047.00
Building Area Units:

Square Feet
# of Buildings:

1
Total Number Of Units:

2
Stories Total:

2
# of Separate Gas Meters:

2
# of Separate Water Meters:

1
# of Separate Electric Meters:

2

Interior

Entry Location:

bottom
Laundry:

See Remarks
Laundry:

1

Location

Directions:

Dalton Ave and 50th St
Latitude:

33.99798400
Longitude:

-118.30360400

The Property

Property Type:

Residential Income
Subtype:

Duplex
Zoning:

LAR1
Lot Features:

0-1 Unit/Acre
Lot Size Area:

5791.0000
Lot Size Acres:

0.1329
Lot Size SqFt:

5791.00
Lot Size Source:

Assessor
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Block:

52
Tax Census Tract:

2323.00
Tax Tract:

2323
Tax Lot:

8

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5016034015
Showings Begin:

2024-10-11

Heating & Cooling

Heating:

1
Heating:

Central

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Senior Community:

No
Features:

Urban
Pool:

None
Private Pool:

No
Association:

No

Parking

Parking Spaces:

6.00
Uncovered Spaces:

6.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
10/11/24 Oct 11, 2024	Listed / Active	CRMLS_CA	$755,000	80.6% (7.8% / YR)
9/5/24 Sep 5, 2024	Listed / Active	BRIDGE
1/12/20 Jan 12, 2020	Price Changed	CRMLS_CA

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This multifamily located in South LA, Los Angeles, CA 90062 is currently for sale for $755,000. 1500 W 50th Street is a – square foot multifamily with – beds and – baths that has been on Estately for 44 days. 1500 W 50th Street is in the South LA neighborhood of Los Angeles and has a WalkScore® of 66, making it somewhat walkable. This multifamily is in the attendance area of Normandie Avenue Elementary School, Manual Arts Senior High School, and Barack Obama Global Preparation Academy.

Listing Courtesy of: CRMLS_CA and Circle Real Estate. Based on information from California Regional Multiple Listing Service, Inc. as of 17:27 on Nov 24.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.