724 E 50th, Los Angeles, California 90011, Los Angeles, 90011 - 0 bed, 0 bath
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724 E 50th
Los Angeles, California 90011
ACTIVE
CONDITION: FAIR
0Beds
0Baths
2,379Sq Ft
7,504Lot Size
Property Price
LIST PRICE$725,000
EST. MARKET VALUE
$733,004
SUMMARY
This fully occupied triplex presents a High-Potential Investment Opportunity with a List Price of $725,000—positioned well below the $733,004 Fair Market Value by 1%. This valuation gap offers $8,004 in Instant Equity. With a Condition Rating of 4, the property features a patio and ample onsite parking, providing immediate rental income. While the vintage 1924 infrastructure requires modernization, the location near South Park Recreation Center ensures strong tenant demand. This is an ideal acquisition for Buy-and-Hold Investors or Value-Add Investors seeking stable cash flow.
Estimated Market Value
$733,004
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 724 E 50th Subject | $725,000* List Price | 0 | 0 | 2,379 | $308 | - |
A 1138 E 45th Street Sold | $575,000 | 5 | 4 | 2,460 | $234 | 0.5 mi |
B 1407 E 50th Street Sold | $734,000 | 0 | 0 | 2,141 | $343 | 0.7 mi |
C 288 E 43rd Sold | $686,734 | 0 | 0 | 1,740 | $395 | 0.6 mi |
D 1134 E 45th Street Sold | $575,000 | 4 | 4 | 2,037 | $282 | 0.5 mi |
E 1241 E 43rd Sold | $555,000 | 0 | 0 | 2,362 | $235 | 0.8 mi |
F 1426 E 50th Sold | $725,000 | 0 | 0 | 1,850 | $392 | 0.8 mi |
G 632 E 45th Active | $699,999 List Price | 7 | 3 | 2,322 | $301 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1924, the property features renovations (kitchen cabinetry, tile flooring) that appear to be 20-30 years old. While functional and currently occupied, the interiors are dated with popcorn ceilings and aging fixtures, indicating a need for cosmetic updates and likely modernization of older systems.
PROSSTRENGTHS & OPPORTUNITIES
- Immediate Rental Income
As a fully occupied triplex, this property offers investors immediate cash flow from day one, eliminating the initial vacancy risk and leasing costs.
- Ample Parking Capacity
The inclusion of significant onsite parking alongside available street parking is a premium feature in this high-density Los Angeles neighborhood, enhancing tenant retention.
- Strategic Family-Oriented Location
Positioned directly across from an elementary school and within walking distance to the South Park Recreation Center, the property is perfectly situated to attract long-term family tenants.
CONSRISKS & DEFICIENCIES
- Vintage Infrastructure
With a construction date of 1924, the property likely requires ongoing maintenance and potential capital improvements to modernize aging electrical, plumbing, or structural systems.
- Local School Ratings
The majority of the immediate neighborhood schools carry lower academic ratings, which may limit the property's appeal to certain tenant demographics and impact long-term appreciation.
About 724 E 50th
Great 3 unit property fully occupied. There is plenty of onsite parking and street parking as well. Located across the street from an Elementary school and walking distance to South Park Recreation Center. This is a great property to add to your portfolio!
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1924
- Lot Size
- 7,504 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Forty-Ninth Street Elementary School
Grades K-5 • 0.1 mi
2/10
Aurora Elementary School
Grades K-5 • 0.3 mi
2/10
Sally Ride Elementary: A Smart Academy
Grades K-5 • 0.4 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,379 | 2,187.451 |
| Lot Size | 7,504 | 5,841.385 |
| Price | $725.0K | $841.5K |
| Price per sq ft | $305 | $385 |
| Built year | 1924 | 1928 |
| HOA | $0 | $0 |
| Days on market | 21 | 85 |
Pricing History
Listed for Sale
Aug 19, 2026
$725,000
Initial Listing
Sold
Oct 30, 2017
$450,000
Public Record
Sold
Dec 18, 1996
$814,545
Public Record