1266 1266 E 50th, Los Angeles, California 90011, Los Angeles, 90011 - 5 bed, 2 bath
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Los Angeles, California 90011
This Multi-Unit Residential Income Asset is listed at $925,000, currently priced above the $862,496 Fair Market Value. Despite the pricing gap, the property offers a significant Value-Add Opportunity through its four-unit configuration, including a Permitted & Remodeled ADU and Paid-off Solar Panels. With three units delivered vacant and a Fair Condition Rating, the asset is primed for immediate market-rate leasing to maximize ROI. Located within the Los Angeles Unified district, this is a high-density acquisition ideal for Buy-and-Hold Investors or House Hackers seeking long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1266 1266 E 50th Subject | $925,000* List Price | 5 | 2 | 2,156 | $400 | - |
A 1684 E Martin Luther King Jr Boulevard Sold | $665,000 | 5 | 2 | 1,544 | $431 | 1.0 mi |
B 1545 E 41st Sold | $840,000 | 4 | 3 | 1,974 | $426 | 0.8 mi |
C 1334 E 43rd Street Sold | $843,000 | 0 | 0 | 2,440 | $345 | 0.5 mi |
D 632 E 45th Active | $719,000 List Price | 7 | 3 | 2,322 | $310 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
This property presents a mixed condition. The Back ADU has been fully remodeled, featuring modern white shaker cabinets, stainless steel appliances, recessed lighting, contemporary flooring, and updated bathrooms with subway tile and modern fixtures, placing it in good to excellent condition. However, the main house and front units, built in 1913, show significant age. Their kitchens have older wood cabinets, dated white appliances, and fluorescent lighting, while bathrooms feature pedestal sinks and older tiling. While functional and appearing maintained, these older units require substantial updates to meet current aesthetic and functional standards. The overall property condition is therefore 'Fair' due to the blend of a recently updated ADU and the significantly older, outdated main structures.
The property is explicitly marketed for 'HUGE INCOME POTENTIAL' and comprises multiple distinct units: a Main House (5 beds, 3 baths), a Front House with two units (Unit A: 5 beds, 2 baths; Unit B: 1 bed, 1 bath), and a Back ADU (1 bed, 1 bath).
Three units (Front House Unit A, Unit B, and the Back ADU) will be delivered vacant, providing the new owner with immediate opportunities to place tenants at market rates and maximize rental income from day one.
The Back ADU is fully remodeled and permitted, adding significant value, ensuring legal compliance, and offering a high-quality, desirable rental unit.
Built in 1913, the property is over a century old, suggesting a high likelihood of needing significant capital expenditures for system upgrades (e.g., plumbing, electrical, HVAC) and general deferred maintenance in the main structures.
The property is listed as a 'Duplex' but described as having a Main House, a two-unit Front House, and a separate ADU. This inconsistency could lead to legal, zoning, or financing challenges and requires thorough clarification.
The provided 'sqft' of 2156 likely represents only a portion of the property (e.g., the main house). The total square footage for all units combined is not specified, making it difficult to accurately assess the property's overall size, value per square foot, and full income potential.
Quick Property Overview HUGE INCOME POTENTIAL Main House:** 5 beds, 3 baths Front House (Two Units):** Unit A: 5 beds, 2 baths will be delivered vacant Unit B: 1 bed, 1 bath will be delivered vacant Back ADU:** 1 bed, 1 bath (fully remodeled, permitted) will be delivered vacant Location:** 1266 E. 50th St + Back at 1266 1/2 E. 50th St. Energy:** Solar panel array reduces electricity costs solar panels will be paid off by seller at closing
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 0.0 | 82% |
| Baths | 2.0 | 0.0 | 67% |
| Square foot | 2,156 | 2,028 | 64% |
| Lot Size | 5,218 | 5,288 | 45% |
| Price | $925.0K | $750.0K | 79% |
| Price per sq ft | $429 | $387 | 67% |
| Built year | 1913 | 1912 | 52% |
| HOA | $0 | $0 | 50% |
| Days on market | 208 | 209 | 48% |
Sep 26, 2025
$925,000
Initial Listing