608 W 50th Street, Los Angeles, California 90037, Los Angeles, 90037 - 0 bed, 0 bath
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Los Angeles, California 90037
This Residential Income Triplex presents a High-Potential Investment Opportunity with a List Price of $1,700,000, positioned slightly above the $1,673,728 Fair Market Value. Featuring Modern 2019 Construction and an Excellent Condition Rating, this asset minimizes immediate capital expenditure requirements. Its 4,864 square feet of living space and proximity to USC and Downtown Los Angeles ensure strong rental demand. While local school ratings remain modest, the property’s infrastructure and location offer long-term stability. This is an ideal acquisition for Buy-and-Hold Investors or Portfolio Managers seeking a turnkey, income-producing asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 608 W 50th Street Subject | $1,700,000* List Price | 0 | 0 | 4,864 | $344 | - |
A 1043 W 52nd Sold | $1,300,000 | 0 | 0 | 3,840 | $339 | 0.5 mi |
B 314 W 56th Active | $1,350,000 List Price | 10 | 6 | 3,686 | $366 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1900, the property features modern 2019 construction and improvements. With renovations completed within the last 5 years and the inclusion of modern systems like central heating, it meets the criteria for excellent condition.
Situated near USC, Exposition Park, and Downtown Los Angeles, the property is positioned in a high-demand rental corridor, ensuring strong tenant appeal and low vacancy rates.
Featuring significant 2019 construction and improvements, this triplex offers the benefits of modern systems and finishes, reducing the immediate need for capital expenditures.
With 4,864 square feet of living space, the property provides large unit footprints that can command premium rents compared to older, smaller multi-family assets in the area.
The majority of assigned local schools carry low performance ratings, which may deter long-term family tenants and limit the property's appeal to owner-occupiers.
At a $1.7 million list price, the property represents a significant valuation increase since its 2018 sale, requiring high rental yields to justify the initial investment.
Well-maintained triplex consisting of three residential units with central heating. Featuring modern 2019 construction and improvements, this income-producing property is positioned in a high-demand rental market near USC, Exposition Park, Downtown Los Angeles, and major transportation corridors, offering excellent rental appeal and long-term investment potential.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.4 mi
Grades K-2 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 4,864 | 2,250 |
| Lot Size | 6,112 | 5,864 |
| Price | $1.70M | $826.7K |
| Price per sq ft | $350 | $395 |
| Built year | 1900 | 1925 |
| HOA | $0 | $0 |
| Days on market | 27 | 83 |
Jun 25, 2026
$1,700,000
Initial Listing
Jun 28, 2018
$491,000
Public Record