Los Angeles, CA 90062,1500 W 50th Street
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Los Angeles, CA 90062,1500 W 50th Street
Los Angeles, CA 90062,1500 W 50th Street
Los Angeles, CA 90062,1500 W 50th Street

$660,000

Est. payment /mo

$699,000

5.6%
Est.Price: ?

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1500 W 50th Street Los Angeles, CA 90062

6 Beds

3 Baths

5,791 Sqft Lot

SOLD DATE : 04/23/2025

Key Details

Sold Price $660,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID RS25012405

Sold Date 04/23/25

Bedrooms 6

HOA Y/N No

Lot Size 5,791 Sqft

Property Sub-Type Res Income 2-4 Units

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.
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 Los Angeles (90062)

Zoning Public Rec

Building

Story 2

Lot Size Range 4000-7499 SF

Others

Monthly Total Fees $33

Acceptable Financing Cash, Conventional

Space Rent $2,284

Listing Terms Cash, Conventional

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San Diego Regional MLS (SDMLS)
Listed by Mark Perez • Circle Real Estate
Bought with John Oh • SMART SELL REAL ESTATE
agent

Kevin & Lindsay Huey

Agent | License ID: 02223998 & 02223993

+1(909) 200-7952

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