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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

    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.

    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#: RS25012405MLS LogoOriginating 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