1407 E 50th Street, Los Angeles, California 90011, Los Angeles, 90011 - 0 bed, 0 bath
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Los Angeles, California 90011
This Residential Income Duplex is listed at $720,000, positioned accurately at its $720,000 Fair Market Value. Featuring two 2-bedroom units with Independent Utility Metering and a Condition Rating of 4, the property offers a stable foundation for a value-add strategy. Located minutes from Downtown LA, Dodger Stadium, and Crypto.com Center, the asset benefits from high rental demand in a growing community. With dedicated Carport Parking and separate gas, water, and electric meters, it minimizes landlord overhead. This is a strategic opportunity for Buy-and-Hold Investors or Owner-Occupants looking to house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1407 E 50th Street Subject | $720,000* List Price | 0 | 0 | 2,141 | $336 | - |
A 1545 E 41st Sold | $840,000 | 4 | 3 | 1,974 | $426 | 0.7 mi |
B 1334 E 43rd Street Sold | $843,000 | 0 | 0 | 2,440 | $345 | 0.5 mi |
C 1684 E Martin Luther King Jr Boulevard Sold | $665,000 | 5 | 2 | 1,544 | $431 | 0.9 mi |
D 1454 E 50th Active | $680,000 List Price | 0 | 0 | 2,138 | $318 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1928, the property shows a mix of updates and dated features. While some living areas have newer laminate flooring and light fixtures, the kitchen features older cream-colored cabinets, dated tile flooring, and basic appliances, suggesting a renovation from 15-30 years ago. The bathroom also appears functional but outdated. The property is maintained but requires minor updates, particularly in the kitchen and bathrooms, to align with current styles and expectations.
The property is a duplex with two 2-bedroom, 1-bath units, offering significant potential for rental income or owner-occupancy with supplemental income.
Situated in a prime Los Angeles location near Downtown LA, indicating strong rental demand and potential for property value appreciation within a growing community.
Conveniently located a short distance from major attractions like Dodger Stadium and Crypto.com Center, enhancing its appeal for tenants and potential for short-term rentals.
Built in 1928, the property's age suggests potential for outdated systems, deferred maintenance, and the need for significant capital expenditure for modernization.
The description 'someone with the vision' indicates that the property likely requires substantial renovation or upgrades to maximize its market value and rental income potential.
The surrounding area features a mix of school ratings, with several elementary and middle schools having lower scores, which might be a consideration for families prioritizing top-tier public education.
Welcome to 1407 E 50th st in the city of Los Angeles. A duplex located in prime location near downtown L.A. A short distance from places like the dodger stadium and crypto.com center makes this a must see property. A growing community with much to offer with someone with the vision. Each unit consist of 2 bedrooms and 1 bath and each with their own separate gas,water, and electric meters. Also provides car parking under car port. Make sure not to miss this opportunity! Update - Both units are now vacant!!!
No exterior & parking available.
Grades 1-5 • 0.3 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,141 | 2,040.5 | 63% |
| Lot Size | 4,980 | 5,261 | 31% |
| Price | $720.0K | $735.0K | 47% |
| Price per sq ft | $336 | $364 | 41% |
| Built year | 1928 | 1913 | 72% |
| HOA | $0 | $0 | 50% |
| Days on market | 441 | 214 | 91% |
Feb 5, 2025
$720,000
Initial Listing