1141 East 50th Street, Los Angeles, California 90011, Los Angeles, 90011 - bed, bath
1141 East 50th Street
Los Angeles, California 90011
Property Price
SUMMARY
Analysis of 1141 East 50th Street, Los Angeles, California 90011 is currently available with a list price of $1,190,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite the original build year of 1924, the property has been 'FULLY REMODELED' and includes a 'BRAND NEW 1 BEDROOM ADU (built in 2024)'. The images confirm extensive recent renovations, showcasing modern white shaker-style cabinets, dark countertops, and mosaic tile backsplashes in the kitchens, along with new black appliances. Bathrooms feature contemporary white vanities, new fixtures, and subway tile shower surrounds. New wood-look tile and laminate flooring are present throughout the units, and walls are freshly painted. The light fixtures are simple and modern. These updates align with the 'excellent' criteria of being extensively renovated within 5 years, with virtually new components meeting current quality standards, especially in the key areas of kitchens and bathrooms.
PROSSTRENGTHS & OPPORTUNITIES
- High Income-Generating Property
The property boasts a strong projected annual income of $113,964, offering an attractive return on investment for a savvy investor.
- Brand New ADU
Includes a newly constructed (2024) freestanding 1-bedroom ADU, significantly enhancing property value and rental income potential with modern amenities.
- Fully Remodeled Units
The entire 4-plex has been fully remodeled, suggesting updated interiors and reduced immediate maintenance costs for the new owner.
CONSRISKS & DEFICIENCIES
- Age of Original Structure
Built in 1924, the original buildings are nearly a century old, which, despite remodeling, may lead to higher long-term maintenance or unforeseen issues with older infrastructure.
- Lower-Rated Schools
Several nearby schools have lower ratings (2s and 3s), which could be a consideration for family-oriented tenants or impact long-term property appreciation.
- Rapid Price Appreciation
The property's value has more than doubled since its last sale in April 2023 ($575,000 to $1.19M), warranting thorough due diligence to confirm the current market valuation and sustainability of this rapid increase.
About 1141 East 50th Street
BEAUTIFUL FULLY REMODELED 4-PLEX including One FREESTANDING BRAND NEW 1 BEDROOM ADU (built in 2024). The 3 Bedroom 1 bath unit is getting $3107 in rent (section 8 tenant) while the other 1 bedrooms & 1 baths are getting $2288, $2249 and $2053. There is room for 2 car parking in the front and additional parking spots in the back. 3 separate buildings and 4 gas and electrical meters. With all units rented out, your annual income is $113,9640. Submit your offer Today!
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1924
- Lot Size
- 5,398 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Hooper Avenue Elementary School
Grades 1-5 • 0.2 mi
Aurora Elementary School
Grades K-5 • 0.2 mi
Sally Ride Elementary: A Smart Academy
Grades K-5 • 0.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 2,100 | 1,974 | 69% |
| Lot Size | 5,398 | 5,288 | 62% |
| Price | $1.19M | $710.0K | 93% |
| Price per sq ft | $567 | $373 | 86% |
| Built year | 1924 | 1912 | 76% |
| HOA | $0 | $0 | 50% |
| Days on market | 162 | 231 | 24% |
Pricing History
Listed for Sale
Nov 2, 2025
$1,190,000
$1,200,000
-1% Price Drop
Initial Listing
Price Change
Sep 25, 2025
$1,200,000
Initial Listing
Sold
Apr 28, 2023
$575,000
Public Record
Sold
Aug 16, 2013
$215,000
Public Record
Sold
Nov 28, 2007
$458,000
Public Record