Sold for $660,000

Listed by: Circle Real Estate • Mark Perez • Contact: 562-521-9022

Bought with: SMART SELL REAL ESTATE

$660,000

1500 W 50th St, Los Angeles, CA 90062

6beds

3baths

2,047sqft

Duplex

Built in 1924

-- sqft lot

$653,500 Zestimate^®

$322/sqft

$3,147 Estimated rent

Home value

$653,500

$588,000 - $725,000

$3,147/mo

Zestimate^® history

Owner options

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$3,147/mo

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$4,167/mo

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$4,167/mo

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What's special

Remodeled propertyAmple parkingCorner lotGated for privacy

This is an exceptional investment opportunity to own an income-generating property at the price of a single-family home. Situated on a spacious corner lot, this meticulously maintained and remodeled property includes a 4-bedroom, 2-bathroom front house and a separate 2-bedroom, 1-bathroom unit in the back, both fully occupied by long-term, reliable tenants, ensuring immediate and stable rental income. The property is gated for privacy, offers ample parking, and boasts a prime location near USC, Bank of California Stadium, downtown LA, museums, parks, shopping, dining, and major freeways. With low maintenance costs and significant potential for rental growth in a thriving metropolitan area, this property is ideal for both seasoned investors and first-time buyers seeking a profitable and hassle-free investment.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3

Heating

Central

Appliances

Laundry: See Remarks

Features

Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 2,047
Total interior livable area: 2,047 sqft

Property

Parking

Total spaces: 6
Uncovered spaces: 6

Features

Entry location: bottom
Pool features: None

Lot

Size: 5,791 Square Feet
Features: 0-1 Unit/Acre

Details

Parcel number: 5016034015
Zoning: LAR1
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex

Condition

New construction: No
Year built: 1924

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Urban

Location

Region: Los Angeles

Financial & listing details

Price per square foot: $322/sqft
Tax assessed value: $590,710
Annual tax amount: $7,456
Date on market: 1/21/2025
Cumulative days on market: 51 days
Listing terms: Cash,Cash to Existing Loan,Conventional

Price history

Date	Event	Price
4/23/2025	Sold	$660,000-5.6%$322/sqft
Source: CRMLS #RS25012405 Report a problem
3/14/2025	Pending sale	$699,000$341/sqft
Source: CRMLS #RS25012405 Report a problem
1/21/2025	Listed for sale	$699,000+5.1%$341/sqft
Source: CRMLS #RS25012405 Report a problem
1/23/2020	Listing removed	$665,000$325/sqft
Source: Castillo Realty Group, Inc. #IN19104681 Report a problem
1/6/2020	Price change	$665,000+7.7%$325/sqft
Source: Castillo Realty Group, Inc. #IN19104681 Report a problem
5/6/2019	Price change	$617,500-5%$302/sqft
Source: Castillo Realty Group, Inc. #IN19104681 Report a problem
3/30/2019	Listed for sale	$650,000$318/sqft
Source: Castillo Realty Group, Inc. #IN19004924 Report a problem
3/16/2019	Pending sale	$650,000$318/sqft
Source: Castillo Realty Group, Inc. #IN19004924 Report a problem
2/25/2019	Price change	$650,000-2.3%$318/sqft
Source: Castillo Realty Group, Inc. #IN19004924 Report a problem
1/10/2019	Listed for sale	$665,500+59.2%$325/sqft
Source: Castillo Realty Group, Inc. #IN19004924 Report a problem
5/8/2014	Sold	$418,000+4.5%$204/sqft
Source: Public Record Report a problem
3/10/2014	Listed for sale	$399,900+34.2%$195/sqft
Source: Realty Source, Inc. #PW14048304 Report a problem
2/14/2014	Sold	$298,000-12.4%$146/sqft
Source: Public Record Report a problem
10/31/2013	Price change	$340,000-5.6%$166/sqft
Source: ALL California Brokerage, Inc Report a problem
10/8/2013	Listed for sale	$360,000+118.8%$176/sqft
Source: ALL California Brokerage, Inc Report a problem
9/5/2000	Sold	$164,500+34.8%$80/sqft
Source: Public Record Report a problem
4/7/1995	Sold	$122,000+11.6%$60/sqft
Source: Public Record Report a problem
3/4/1994	Sold	$109,333$53/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,456 +1.6%	$590,710 +2%
2024	$7,342 +1.9%	$579,128 +2%
2023	$7,208 +4.7%	$567,773 +2%
2022	$6,883 +1.4%	$556,641 +2%
2021	$6,787 -1%	$545,727 +1%
2020	$6,853	$540,132 +17.6%
2019	$6,853 +21.2%	$459,342 +2%
2018	$5,653	$450,337 +2%
2017	$5,653 +2.1%	$441,508 +2%
2016	$5,535 +2.6%	$432,852 +1.5%
2015	$5,395 +58.5%	$426,351 +60.6%
2014	$3,405	$265,499 +5.3%
2010	--	$252,142 -0.2%
2009	--	$252,742 +4%
2007	--	$242,929 +2%
2006	--	$238,167
2005	--	$238,167 +4%
2004	--	$228,920 +1.9%
2003	--	$224,726 +2%
2002	--	$220,320 +65.2%
2000	--	$133,326