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Sold for $660,000 · Apr 2025

SOLD

Listed at $699,000

Sold

1500 W 50th Street, Los Angeles, CA 90062

Los Angeles, CA

MLS# RS25012405

2,047 Sq Ft • Duplex
51 days on market

Listing Agent

Mark Perez

Listing Agent

Circle Real Estate

DRE #: 01279393

Brokerage: Circle Real Estate

Property Details

N/A

Bedrooms

N/A

Bathrooms

2,047 sqft

Square Feet

1924

Year Built

5,791 sqft

Lot Size

$322

Price/Sq Ft

0

Garage Spaces

N/A

HOA

Duplex

Property Type

Description

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.

Listing description from the April 2025 sale, as reported to CRMLS.

Facts & Features

Details

Heating
Central

Sale history for 1500 W 50th Street

3 recorded sales

$660,000
Sold April 2025 · listed $699,000, on market January 2025, 51 days on market · MLS #RS25012405 · Source: CRMLS
Listing Agent: Mark Perez · Listing Office: Circle Real Estate · Contact: 562-754-0660 · Bought with: John Oh · SMART SELL REAL ESTATE
$418,000
Sold May 2014 · listed $399,900, on market March 2014, 16 days on market · MLS #PW14048304 · Source: CRMLS
Listing Agent: Andrew Carter · Listing Office: Realty Source Inc. · Contact: 714-465-1422 · Bought with: Bryan Castillo · Castillo Realty Group, Inc.
$298,000
Sold February 2014 · listed $340,000, orig. $360,000, on market September 2013, 125 days on market · MLS #CV13189856 · Source: CRMLS
Listing Agent: AL LOPEZ · Listing Office: ALL CALIFORNIA BROKERAGE, INC. · Contact: 562-293-2000 · Bought with: AL LOPEZ · ALL CALIFORNIA BROKERAGE, INC

How this sale compares

1500 W 50th Street sold for $660,000 in April 2025, 5.6% under its $699,000 list price, after 51 days on the market. Across 79 closed sales in 90062 over the last 12 months, the median sold price is $785,000 and the median is $502 per square foot.

$502
90062 median per sq ft (12 mo)
$785,000
90062 median sold price (12 mo)
79
Closed sales in 90062 (12 mo)
51
Days on market
−5.6%
Sold vs. list price
QuarterClosed sales in 90062Median sold price
Q1 202610$819,000
Q2 202639$807,500
Q3 202626$759,500
Q4 20264$580,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Los Angeles · Homes for sale in 90062

Recent sales near 1500 W 50th Street

Closed sales reported in 90062, nearest first, last 12 months. All recent sales in Los Angeles →

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