1500 W 50Th Street, Los Angeles, CA 90062

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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.


Interior Features

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

Listing Information

Address 1500 W 50Th Street
City Los Angeles
State CA
Zip 90062
County Los Angeles
Listing Agent Mark Perez DRE #01279393
Co-Listing Agent Gabriel Mejorado DRE #02113110
Courtesy Of Circle Real Estate
List Price $699,000
Status Active
Type Residential Income
Subtype Duplex
Structure Size N/A
Lot Size 5,791
Year Built 1924

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.