1407 E 50th Street, Los Angeles, California 90011, Los Angeles, - bed, bath
ACTIVE$720,000
1407 E 50th Street, Los Angeles, California 90011
0Bed
0Bath
2,141Sqft
4,980Lot
Year Built
1928
Close
-
List price
$720K
Original List price
$720K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
HD25026442
Home ConditionFair
Features
View-
About this home
Welcome to 1407 E 50th st in the city of Los Angeles. A duplex located in prime location near downtown L.A. A short distance from places like the dodger stadium and crypto.com center makes this a must see property. A growing community with much to offer with someone with the vision. Each unit consist of 2 bedrooms and 1 bath and each with their own separate gas,water, and electric meters. Also provides car parking under car port. Make sure not to miss this opportunity!
Nearby schools
2/10
Hooper Avenue Elementary School
Public,•1-5•0.3mi
4/10
Ascot Avenue Elementary School
Public,•K-5•0.4mi
2/10
Aurora Elementary School
Public,•K-5•0.5mi
2/10
Holmes Avenue Elementary School
Public,•K-6•0.5mi
3/10
Sally Ride Elementary: A Smart Academy
Public,•K-5•0.5mi
2/10
Forty-Ninth Street Elementary School
Public,•K-5•0.7mi
2/10
Harmony Elementary School
Public,•K-5•0.9mi
3/10
Wadsworth Avenue Elementary School
Public,•K-5•0.9mi
5/10
Lillian Street Elementary School
Public,•K-6•0.9mi
4/10
Nevin Avenue Elementary School
Public,•K-5•1.0mi
4/10
Quincy Jones Elementary School
Public,•K-5•1.3mi
5/10
Estrella Elementary School
Public,•K-5•1.4mi
5/10
Pacific Boulevard School
Public,•K-5•1.6mi
3/10
Twenty-Eighth Street Elementary School
Public,•K-5•1.6mi
5/10
Twentieth Street Elementary School
Public,•K-5•1.7mi
3/10
George Washington Carver Middle School
Public,•6-8•0.7mi
3/10
Los Angeles Academy Middle
Public,•6-8•0.9mi
3/10
Thomas A. Edison Middle School
Public,•6-8•1.1mi
6/10
Vernon City Elementary School
Public,•K-7•1.2mi
2/10
Dr. Julian Nava Learning Academies-School Of Business And Technology
Public,•6-8•1.2mi
3/10
Henry T. Gage Middle School
Public,•6-8•2.2mi
2/10
Thomas Jefferson Senior High School
Public,•9-12•0.8mi
3/10
Nava College Preparatory Academy
Public,•9-12•0.8mi
4/10
Huntington Park Senior High School
Public,•9-12•1.9mi
3/10
John C. Fremont Senior High School
Public,•9-12•2.2mi
5/10
Santee Education Complex
Public,•9-12•2.3mi
5/10
STEM Academy of Boyle Heights HS
Public,•9-12•3.5mi
5/10
Felicitas And Gonzalo Mendez High
Public,•9-12•3.7mi
Price History
Date
Event
Price
02/05/25
$720,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (24 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 2,141 | 1,988 | 60% |
| Lot Size | 4,980 | 5,363 | 24% |
| Price | $720K | $710K | 52% |
| Price per square foot | $336 | $348 | 36% |
| Built year | 1928 | 1923 | 72% |
| HOA | |||
| Days on market | 274 | 168 | 84% |
Condition Rating
Fair
The property was built in 1928, making it very old. While some areas like the living room and bedrooms appear to have updated laminate flooring, the kitchen and bathroom are significantly outdated. The kitchen features old white appliances, dated cabinets, and what appears to be old linoleum or tile flooring. The bathroom has an old vanity, a dated 'Hollywood' strip light fixture, and older floor tiles. The exterior also shows its age with worn stucco and security bars. The overall condition suggests the home is aged but maintained enough to be functional, yet requires substantial cosmetic updates and likely some system upgrades to meet modern standards, aligning with the 'fair' category.
Pros & Cons
Pros
Income-Generating Duplex: The property is a duplex, offering two separate units, which is ideal for investors seeking rental income or owner-occupiers looking to offset mortgage costs.
Separate Utility Meters: Each unit features independent gas, water, and electric meters, simplifying tenant billing and reducing landlord management overhead.
Strategic Location: Situated in a 'prime location near downtown L.A.' with close proximity to major entertainment venues like Dodger Stadium and Crypto.com Center, enhancing rental appeal and potential for appreciation.
Dedicated Parking: The property includes car parking under a carport, a valuable amenity in a dense urban area like Los Angeles.
Community Growth Potential: Located in a 'growing community,' suggesting future development, improved amenities, and potential for increased property value.
Cons
Advanced Age of Property: Built in 1928, the property is nearly a century old, which may indicate a need for significant updates to plumbing, electrical, and other systems, potentially leading to higher maintenance costs.
Unspecified Interior Condition: The description lacks details on the interior condition or recent renovations of the units, suggesting they might be dated or require substantial investment for modernization to attract premium tenants.
Absence of Modern Amenities: There is no mention of a cooling system (like AC) or other modern amenities, which could be a significant drawback for tenants in Los Angeles's climate and may impact rental desirability.