907 E 50th St, Los Angeles, CA 90011
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907 E 50th St Los Angeles, CA 90011

$649,500
  • 4 Beds
  • 2 Baths
  • 1,290 Sq.Ft.
For Sale
$649,500 Get Pre-Qualified

Map preview of 907 E 50th St, Los Angeles, CA 90011

Property Overview: 907 E 50th St Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,290 living square feet and 5,004 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Great property to start your portfolio close to freeways.

Listed by Graciela Farnsworth | BRE #01062870 | RE/MAX College Park Realty
Last checked: 16 minutes ago | Last updated: April 21st, 2024 | Source CRMLS | DOM: 85
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Call/Text (714) 706-1823

Home details

Lot Sq. Ft
5,004
HOA Dues
$0/mo
Year built
1912
Garage
3 Car
Property Type:
Duplex
Status
Active
MLS#
PW24007604
City
Los Angeles
County
Los Angeles
Time on Site
92 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,900
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,140
  • Total Rent: $1,060
  • Pro Forma/Market Rent: $1,950
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $3,060
  • Net Operating Income: $34,416
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $2,304
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $384
  • Insurance: $0
  • Water/Sewer: $1,920

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Property Details for 907 E 50th St

Interior Features
Laundry Information
  • Has Laundry
  • Outside
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Total # of Units: 2
  • Parcel Number: 5108016021
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: McKinley Ave.
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Suburban
View more facts & features

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Sale History for 907 E 50th St

Last sold for $415,000 on October 3rd, 2016
  • January, 2024

  • Jan 31, 2024

    Date

    Active

    CRMLS: PW24007604

    $649,500

    Price

  • March, 2023

  • Mar 1, 2023

    Date

    Expired

    CRMLS: CV22038556

    $619,000

    Price

  • Feb 26, 2022

    Date

    Active

    CRMLS: CV22038556

    $650,000

    Price

  • Listing provided courtesy of CRMLS

    ** 2 UNITS ** GREAT INVESTMENT OPPORTUNITY ** POSSIBLE THIRD UNIT CONVERSION OPPORTUNITY IN BACK ** Gated 2 Unit Duplex Located 13 minutes from Downtown Los Angeles. Front Home has 3 Beds and 1 Bath and the Back Unit has 1 Bed and 1 Bath. Detached Garage with 2 Large Storage Rooms next to the Garage. Desirable for Investors since the Property will be Sold with Tenants Occupying the Units. Easy freeway access. DO NOT GO ON PROPERTY OR CONTACT TENANTS. Make your offer now.

  • August, 2021

  • Aug 5, 2021

    Date

    Active

    CRMLS: CV21172103

    $625,000

    Price

  • Listing provided courtesy of CRMLS

    Two units with a long driveway, gated. Front unit is a 3 bedroom/1 bath; rear unit is a large 1 bedroom/1 bath. Property includes 3 detached storage rooms, one is currently used as a laundry room. Close to DTLA and freeways.

  • July, 2021

  • Jul 1, 2021

    Date

    Canceled

    CRMLS: CV20198995

    $583,000

    Price

  • Feb 16, 2021

    Date

    Price Change

    CRMLS: CV20198995

    $583,000

    Price

  • Jan 13, 2021

    Date

    Price Change

    CRMLS: CV20198995

    $585,500

    Price

  • Dec 1, 2020

    Date

    Price Change

    CRMLS: CV20198995

    $587,000

    Price

  • Oct 20, 2020

    Date

    Price Change

    CRMLS: CV20198995

    $590,000

    Price

  • Sep 23, 2020

    Date

    Active

    CRMLS: CV20198995

    $625,000

    Price

  • Listing provided courtesy of CRMLS

    Two units. Front unit is a 3 bedroom and 1 bath; rear unit is 1 bedroom and 1 bath. Conveniently located duplex with large driveway and 3 additional storage rooms.

  • October, 2016

  • Oct 3, 2016

    Date

    Sold (Public Records)

    Public Records

    $415,000

    Price

  • April, 2012

  • Apr 30, 2012

    Date

    Sold (Public Records)

    Public Records

    $180,500

    Price

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Tax History for 907 E 50th St

Assessed Value (2020): $440,400
Year Land Value Improved Value Assessed Value
2020 $233,465 $206,935 $440,400

Home Value Compared to the Market

This property vs the competition

907 E 50th St is listed 46.98% lower than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $503.49 per/sqft which puts the price per square foot 34.95% lower than the median price per square foot for the city of Los Angeles.

About 907 E 50th St

Detailed summary of property

907 E 50th St is a duplex located in Los Angeles, CA 90011 and is currently for sale. This duplex offers 4 bedrooms, 2 bathrooms, roughly 1,290 living square feet, and sits on an approximately 5,004 square foot lot. 907 E 50th St was first listed on ArdentRealEstateGroup.com on February 1, 2024. The homeowner is currently asking $649,500. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 46.98% lower than the median priced home. Local competing homes currently for sale include 424 E 61st Street, 623 E 36th St and 219 W 51st St. While the average home in Los Angeles, CA is selling in 96 days, 907 E 50th St has a days on market of 85 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 907 E 50th St Los Angeles, CA 90011 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 907 E 50th St

Public county record property details
Beds
4
Baths
2
Year built
1912
Sq. Ft.
1,290
Lot Size
5,002
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
12,14
APN
5108-016-021

The source for these homes facts are from public records.

90011 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$620,000
Median List Price/Sq.Ft.
$460
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$405
Total Inventory
40
Median Sale to List Price %
104.76%
Avg Days on Market
54
Loan Type
Conventional (33.33%), FHA (25%), VA (0%), Cash (33.33%), Other (8.33%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.