1500 W 50Th Street

Los Angeles, CA 90062

$699,000

List Price

N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten / sqft

1924

calendar_month Built

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.

Listing Information

List Price $699,000
Status Active
MLS RS25012405
HOA $0
Type Residential Income
Subtype Duplex
Year Built 1924
Lot Size 5,791
Structure Size N/A
DOM 1
Courtesy Of Circle Real Estate
Listing Agent Mark Perez DRE#01279393
Co-Listing Agent Gabriel Mejorado DRE#02113110

Interior Features

Laundry Information
Location(s) See Remarks
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A

Exterior Information

Maps

Listing information courtesy of: Mark Perez, Gabriel Mejorado, Circle Real Estate . *Based on information from the Association of REALTORS/Multiple Listing as of Jan 22nd, 2025 at 2:28 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.