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412 N Avenue 50, Los Angeles, CA 90042

Property · 2 recorded sales since 2017

412 N Avenue 50, Los Angeles, CA 90042 Sold November 2023 CRMLS
$1,315,000Sold November 2023

Listing Agent: Alison Gilbert (DRE #01879624) · Listing Office: Nourmand & Associates-HW · Contact: 323-462-6262 · Bought with: Kyle Draper · eXp Realty of California Inc · MLS #23313879 · Source: CRMLS

5
Bedrooms
2
Bathrooms
2,067
Sq Ft
7,950 sqft
Lot Size
1921
Year Built
Property
Type
1
Stories
1
Garage
CentralAir, WallWindowUnits
Cooling
Central, FloorFurnace
Heating
Mountains
View

About this property

Owner occupied, delivered vacant! Why buy a single family home and build an ADU, when you could buy two homes on a large lot nestled near the base of Mount Washington and ready for you and your renter, guest suite or work studio? 412 N Avenue 50 is an incredible property, consisting of a 3 bed 1 bathroom craftsman-style front house and a 2 bed 1 bathroom back house. The 1240 square foot front house (412 N Avenue 50) is thoughtfully designed with an eye for original charm and character. There are multiple outdoor lounge areas, including a newly landscaped front yard, outdoor dining area and tiki bar perfect for hosting alfresco. The back house (414 N Avenue 50) is an 827 square foot designer-styled, fully remodeled detached home with new craftsman style millwork paired with Scandinavian modern finishes, original floors, central air and a private flagstone patio with 8' high fencing. It has an established airbnb presence with Superhost status, earning on average $3450 per month (or $115 per night). Both units will be vacant at the close of escrow - live in one or rent out both for maximum income! Property includes an automatic driveway gate and ample car park in the back with room for 4+ cars plus a stand alone garage. A 15 minute walk from the heart of Figueroa in Highland Park and a stone's throw away from neighborhood favorites; Gloria's Restaurant, La Tropicana Market and Burritos La Palma. Do not miss this rare opportunity - will not last long!

Listing description from the November 2023 sale, as reported to CRMLS.

Sale history

$1,315,000
Sold November 2023 · listed $1,250,000, on market September 2023 · MLS #23313879 · Source: CRMLS
Listing Agent: Alison Gilbert · Listing Office: Nourmand & Associates-HW · Contact: 323-462-6262 · Bought with: Kyle Draper · eXp Realty of California Inc
$695,000
Sold June 2017 · listed $630,000, on market May 2017 · MLS #DW17098118 · Source: CRMLS
Listing Agent: Luis Carrion · Listing Office: Coldwell Banker Alliance RTY · Contact: 562-945-2221 · Bought with: Alison Gilbert · TRG Realty Company, Inc.
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