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1500 W 50th ST Los Angeles, CA 90062
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Key Details
Sold Price $660,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID RS25012405
Sold Date 04/23/25
HOA Y/N No
Year Built 1924
Lot Size 5,789 Sqft
Property Sub-Type Duplex
Property Description
This is an exceptional investment opportunity to own an income-generating property at the price of a single-family home. Situated on a spacious corner lot, this meticulously maintained and remodeled property includes a 4-bedroom, 2-bathroom front house and a separate 2-bedroom, 1-bathroom unit in the back, both fully occupied by long-term, reliable tenants, ensuring immediate and stable rental income. The property is gated for privacy, offers ample parking, and boasts a prime location near USC, Bank of California Stadium, downtown LA, museums, parks, shopping, dining, and major freeways. With low maintenance costs and significant potential for rental growth in a thriving metropolitan area, this property is ideal for both seasoned investors and first-time buyers seeking a profitable and hassle-free investment.
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Zoning LAR1
Interior
Heating Central
Fireplace No
Laundry See Remarks
Exterior
Pool None
Community Features Urban
Total Parking Spaces 6
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5016034015
Acceptable Financing Cash, Cash to Existing Loan, Conventional
Listing Terms Cash, Cash to Existing Loan, Conventional
Financing FHA
Special Listing Condition Standard
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Bought with John Oh • SMART SELL REAL ESTATE