$699,000
For Sale

1500 W 50th Street

Los Angeles, CA 90062
0.13 acres | #RS25012405
Listing OfficeCircle Real Estate
Browse 5 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

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.

  • Property Details
      • Lot DescriptionZeroToOneUnitAcre
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • CountyLos Angeles
      • MLS #RS25012405
      • MLS #RS25012405
      • Original List Price$699,000
      • Acres0.1329
      • Utility SourcePublic
      • Cost699000
      • Property SubtypeDuplex
      • Year Built1924
      • Stories2

Location

Jessie Espinosa | Century 21 Select Real Estate, TurlockReal Estate Group

Interested in Purchasing 1500 W 50th Street?

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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