Price Reduction
Address
762 East 50th Street Los Angeles, CA
Price
$ 1,399,000
Property Attributes
  • MLS#0020609460
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaDowntown L.A.
  • Zip90011
  • Style
  • Price$ 1,399,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size5,663 SqFt
Listing Provided Courtesy Of:
Compass
Property Description

GROUND-UP RENOVATION COMPLETED 2020: ALL SYSTEMS UPGRADED. Presented for sale is a 5-unit apartment building located in the South Park neighborhood of Los Angeles, CA, just an 8-minute drive to USC. The two structures, both individually metered for gas & electric, consist of an SFR (2 bedroom + 1 bathroom), and a FOURPLEX (one 3 bedroom + 1 bathroom unit, two 2 bedroom + 1 bathroom units, and one 1 bedroom + 1 bathroom unit). UPGRADES INCLUDE NEW: roof, windows, stucco, electrical, plumbing, tankless water heaters, flooring, kitchens, bathrooms, low-maintenance landscaping, security cameras, awnings, a/c units, etc. Fully-occupied, stabilized, strong cash-flow. Some tenants Section 8. Great 1031 Exchange property.

Price History
9/16/2020 Listed $1,575,000
10/6/2020 12% - $1,399,000

General Features

Additional Parcels Y/N No
Construction Materials Stucco
Heating Combination
MLS Area C42 - Downtown L.A.
New Construction No
Parking Features None
PropertyCondition Updated/Remodeled, Repairs Major, Additions/Alterations, Repairs Cosmetic
Senior Community Y/N No
Sewer None
Structure Type None
Zoning R2

Interior Features

Heating Y/N Yes
Total Stories 2

Exterior Features

Land Lease Type Fee
Lot Dimensions 40x150
Lot Size Acres 0.13
Lot Size Area 6062.0
Lot Size Source Assessor
Lot Size Square Feet 6062.0
Lot Size Units Square Feet
Numberofunitsbuildings 2
Pool Y/N? No
Spa No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90011

Price
AVG $920K
$1.4M
Year Built
AVG 1929
1924
Walkscore
AVG 77
68
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.