Charming 3-Bedroom Home with Endless Potential in Prime LA Location
Discover this gem nestled just moments away from the vibrant heart of downtown Los Angeles! This 3-bedroom, 1.5-bathroom home offers an unparalleled opportunity for first-time home buyers and savvy investors alike. Imagine customizing this residence to create the home of your dreams, or capitalize on the expansive lot to add additional units or an ADU. Key Features:
Prime Location: Enjoy easy access to downtown LA, with its array of dining, shopping, and entertainment options. Spacious Lot: The generous lot size provides ample space for potential expansions, additional units, or an ADU.
Investor’s Dream: With room to grow, this property presents a lucrative opportunity for investors seeking to maximize their return.
Don’t miss out on this exceptional chance to own a versatile property in one of LA’s most sought-after areas. Whether you’re looking to create your perfect home or an investment masterpiece, this property is a rare find you won’t want to pass up! Schedule your viewing today and unlock the potential of this unique offering.
Sold for $560,000
Listed by: Redfin Corporation • Venus Martinez • Contact: 562-201-3772
Bought with: eXp Realty of California Inc.
Tax assessed value
$560,000
700 E 50th St, Los Angeles, CA 90011
3beds
1,126sqft
Single Family Residence
Built in 1922
7,502 Square Feet Lot
$895,100 Zestimate®
$497/sqft
$2,329 Estimated rent
Home value
$895,100
$743,000 - $1.13M
$2,329/mo
Zestimate® history
Owner options
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$2,329/mo
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$2,329/mo
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$3,520/mo
Est. payment
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$3,520/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Venus Martinez DRE #01206834 562-201-3772,
Redfin Corporation
Bought with:
Emmanuel Padilla, DRE #01344769
eXp Realty of California Inc.
Source: CRMLS,MLS#: SB24134802
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 3
Rooms
- Room types: Kitchen, Living Room
Bathroom
- Features: Bathtub, Tub Shower
Kitchen
- Features: Laminate Counters
Heating
- Baseboard
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: Inside, Laundry Room
Features
- Ceiling Fan(s)
- Flooring: Laminate
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,126 sqft
Property
Parking
- Total spaces: 8
- Parking features: Direct Access, Driveway, Garage
- Garage spaces: 1
- Uncovered spaces: 7
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Entry location: main
- Patio & porch: Open, Patio
- Pool features: None
- Spa features: None
- Fencing: Block,Good Condition,Privacy
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 7,502 Square Feet
- Features: 0-1 Unit/Acre
Details
- Additional structures: Storage
- Parcel number: 5108013013
- Zoning: LAR2
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Foundation: None
- Roof: Composition
Condition
- Repairs Cosmetic
- New construction: No
- Year built: 1922
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available
Community & HOA
Community
- Features: Curbs, Gutter(s), Street Lights, Suburban, Sidewalks
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $497/sqft
- Tax assessed value: $560,000
- Annual tax amount: $13,654
- Date on market: 7/8/2024
- Cumulative days on market: 55 days
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 7/15/2026 | Listing removed | $2,400$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/19/2026 | Listed for rent | $2,400-31.3%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/31/2024 | Sold | $560,000-2.6%$497/sqft |
Source:  CRMLS #SB24134802 Report a problem | ||
| 9/29/2024 | Pending sale | $574,900$511/sqft |
Source: CRMLS #SB24134802 Report a problem | ||
| 1/10/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 10/10/2023 | Listed for rent | $3,495$3/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,654 +2154.2% | $560,000 +1642.4% |
| 2024 | $606 +1.3% | $32,139 +2% |
| 2023 | $598 +3.6% | $31,510 +2% |
| 2022 | $577 +2.4% | $30,893 +2% |
| 2021 | $564 +0.1% | $30,288 +1% |
| 2020 | $563 | $29,978 +2% |
| 2019 | $563 +18.4% | $29,391 +2% |
| 2018 | $476 | $28,815 +2% |
| 2017 | $476 +2.4% | $28,251 +2% |
| 2016 | $465 +5.4% | $27,698 +1.5% |
| 2015 | $441 -1.3% | $27,283 +2% |
| 2014 | $447 | $26,749 +2.5% |
| 2012 | -- | $26,108 +2% |
| 2011 | -- | $25,597 +0.7% |
| 2010 | -- | $25,407 -0.2% |
| 2009 | -- | $25,468 +2% |
| 2008 | -- | $24,970 +2% |
| 2007 | -- | $24,481 +2% |
| 2006 | -- | $24,002 |
| 2005 | -- | $24,002 +4% |
| 2004 | -- | $23,071 +1.9% |
| 2003 | -- | $22,649 +2% |
| 2002 | -- | $22,206 +4% |
| 2000 | -- | $21,346 |
Find assessor info on the county website
Neighborhood: Southeast Los Angeles
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Nearby schools
GreatSchools rating
- 5/10Forty-Ninth Street Elementary SchoolGrades: K-5Distance: 0.1 mi
- 5/10George Washington Carver Middle SchoolGrades: 6-8Distance: 0.4 mi
- 3/10Social Justice Schools: Fine Arts Academy At Dr. Maya Angelou Community HighGrades: 9-12Distance: 0.4 mi
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Estimated market value
$895,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$895,100
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