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.
Sold for $660,000 on 04/23/25
Listing Provided by:
Mark Perez DRE #01279393 562-754-0660,
Circle Real Estate,
Gabriel Mejorado DRE #02113110,
Circle Real Estate
$660,000
1500 W 50th St, Los Angeles, CA 90062
--beds
--baths
2,047sqft
Duplex
Built in 1924
-- sqft lot
$652,700 Zestimate®
$322/sqft
$3,877 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: April 23, 2025 at 12:36pm
Listing Provided by:
Mark Perez DRE #01279393 562-754-0660,
Circle Real Estate,
Gabriel Mejorado DRE #02113110,
Circle Real Estate
Bought with:
John Oh, DRE #01487654
SMART SELL REAL ESTATE
Source: CRMLS,MLS#: RS25012405
Originating MLS: California Regional MLS

Facts & features
Interior
Heating
- Central
Appliances
- Laundry: See Remarks
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,047
- Total interior livable area: 2,047 sqft
Property
Parking
- Total spaces: 6
- Uncovered spaces: 6
Features
- Entry location: bottom
- Pool features: None
Lot
- Size: 5,791 sqft
- Features: 0-1 Unit/Acre
Details
- Parcel number: 5016034015
- Zoning: LAR1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Condition
- New construction: No
- Year built: 1924
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Urban
Location
- Region: Los Angeles
Other
Other facts
- Listing terms: Cash,Cash to Existing Loan,Conventional
Services availability
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$652,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$652,700