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.
Pre-foreclosure
Listed by: Won Suk Kim Real Estate, Inc. • Ixbalanque Garcia • Contact: 562-474-1722
Est. $445,300
721 W 50th St, Los Angeles, CA 90037
2beds
1,385sqft
Single Family Residence
Built in 1909
4,194 Square Feet Lot
$445,300 Zestimate®
$322/sqft
$-- HOA
Overview
- 75 days |
- 53 |
- 2 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Ixbalanque Garcia DRE #02035537 323-202-5885,
Won Suk Kim Real Estate, Inc.
Source: CRMLS,MLS#: DW26079868
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Rooms
- Room types: Bedroom
Bedroom
- Features: All Bedrooms Down
Cooling
- None
Appliances
- Laundry: None
Features
- All Bedrooms Down
- Has fireplace: Yes
- Fireplace features: See Remarks
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,385 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
- Has view: Yes
- View description: City Lights
Lot
- Size: 4,194 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 5018022045
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1909
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Street Lights
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $322/sqft
- Tax assessed value: $370,000
- Annual tax amount: $4,691
- Date on market: 4/13/2026
- Cumulative days on market: 10 days
- Listing terms: Cash,Cash to New Loan,FHA 203(k),Private Financing Available
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Find a foreclosure agentForeclosure details
Estimated market value
$445,300
$405,000 - $490,000
$2,931/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/31/2026 | Sold | $445,000+4.7%$321/sqft |
Source:  CRMLS #DW26079868 Report a problem | ||
| 4/23/2026 | Pending sale | $425,000$307/sqft |
Source: CRMLS #DW26079868 Report a problem | ||
| 4/14/2026 | Listed for sale | $425,000+14.9%$307/sqft |
Source: CRMLS #DW26079868 Report a problem | ||
| 7/1/2024 | Sold | $370,000$267/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,691 +175% | $370,000 +212.3% |
| 2024 | $1,706 +1.5% | $118,460 +2% |
| 2023 | $1,681 +4.1% | $116,138 +2% |
| 2022 | $1,615 +1.8% | $113,861 +2% |
| 2021 | $1,586 -0.7% | $111,629 +1% |
| 2020 | $1,598 | $110,485 +2% |
| 2019 | $1,598 +8.8% | $108,320 +2% |
| 2018 | $1,469 | $106,197 +2% |
| 2017 | $1,469 +1.9% | $104,116 +2% |
| 2016 | $1,441 +3.3% | $102,076 +1.5% |
| 2015 | $1,395 +0.2% | $100,543 +2% |
| 2014 | $1,392 | $98,574 +2.5% |
| 2012 | -- | $96,207 +2% |
| 2011 | -- | $94,322 +0.8% |
| 2010 | -- | $93,618 -0.2% |
| 2009 | -- | $93,842 +2% |
| 2008 | -- | $92,003 +2% |
| 2007 | -- | $90,200 +2% |
| 2006 | -- | $88,432 |
| 2005 | -- | $88,432 +4% |
| 2004 | -- | $85,000 +1.9% |
| 2003 | -- | $83,443 +2% |
| 2002 | -- | $81,808 +4% |
| 2000 | -- | $78,632 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: South Los Angeles
Nearby schools
GreatSchools rating
- 2/10Fifty-Second Street Elementary SchoolGrades: K-5Distance: 0.1 mi
- 5/10John Muir Middle SchoolGrades: 6-8Distance: 0.8 mi
- 4/10Augustus F. Hawkins High A Critical Design And GamingGrades: 9-12Distance: 0.8 mi
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