721 W 50th, Los Angeles, California 90037, Los Angeles, 90037 - 2 bed, 1 bath
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Los Angeles, California 90037
This Value-Add Residential Asset represents a High-Potential Investment Opportunity, listed at $425,000—positioned below the $429,961 Fair Market Value by 1%. This entry point provides $4,961 in Instant Equity for buyers prepared for a full-scale rehabilitation. Featuring a Poor Condition Rating and City Lights View, the 1,385-square-foot layout offers substantial room for reconfiguration. Located in the Los Angeles Unified School District near Fifty-Second Street Elementary, this 1909-built home is a prime acquisition for Fix-and-Flip Investors or Contractors seeking high-upside projects in a high-demand market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 721 W 50th Subject | $425,000* List Price | 2 | 1 | 1,385 | $310 | - |
A 227 W 52nd Street Active Under Contract | $500,000 List Price | 4 | 2 | 1,500 | $333 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
This 1909-built property is marketed as a complete fixer-upper requiring substantial rehabilitation. Exterior images reveal significant deferred maintenance, including visible wood rot on the eaves, peeling paint, and tarps on the roof suggesting active leaks. The listing description confirms the home needs a total remodel and does not qualify for traditional financing, indicating that major systems, the kitchen, and bathrooms are likely in non-functional or severely outdated condition.
Positioned as a prime value-add opportunity, this property is ideal for investors looking to execute a fix-and-flip or BRRRR strategy to maximize equity in a strong Los Angeles market.
The home is exceptionally well-located for families, situated just 0.1 miles from Fifty-Second Street Elementary and within a short distance of multiple other public schools.
With 1,385 square feet of living space for a two-bedroom home, the property offers a larger-than-average footprint that allows for potential reconfiguration or the addition of a third bedroom.
The property is in need of a complete remodel and will not qualify for traditional financing, limiting the buyer pool to those with cash, hard money, or FHA 203k loans.
The seller is offering the property with no repairs or credits and will not accept blind offers, placing the full burden of due diligence and renovation costs on the buyer.
FIXER | FLIP | TLC | INVESTOR OPPORTUNITY! Welcome to 721 W 50th St, Los Angeles—a prime value-add property with incredible upside potential for investors, flippers, and contractors. This home is in need of a complete remodel, making it the perfect project for those looking to renovate, add value, and maximize returns. Ideal for fix & flip, buy-and-hold, or BRRRR strategy, this property offers a great opportunity to create equity in a strong Los Angeles market. Due to the condition, the property will only qualify for cash, hard money, or FHA 203k financing. Property is being sold AS-IS with no repairs or credits. No blind offers will be accepted—buyer must view property prior to submitting an offer. A drive by will give a good idea of the required work needed for this property. Don’t miss this chance to secure a high-upside investment with strong potential in a growing area.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.4 mi
Grades K-2 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 28% |
| Baths | 1.0 | 2.0 | 38% |
| Square foot | 1,385 | 1,300.5 | 59% |
| Lot Size | 4,194 | 5,266 | 19% |
| Price | $425.0K | $647.5K | 3% |
| Price per sq ft | $307 | $475 | 9% |
| Built year | 1909 | 1911 | 31% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 181 | 3% |
Apr 13, 2026
$425,000
Initial Listing
Jul 1, 2024
$370,000
Public Record