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1435 W 50th Street, Los Angeles, California 90062, Los Angeles, 90062 - 5 bed, 3 bath

1435 W 50th Street, Los Angeles, California 90062 home-pic-0
ACTIVE$950,000
1435 W 50th Street, Los Angeles, California 90062
5Beds
3Baths
2,392Sqft
5,833Lot
Year Built
1922
Close
-
List price
$950K
Original List price
$950K
Price/Sqft
$397
HOA
-
Days on market
-
Sold On
-
MLS number
SR25082292
Home ConditionFair
Features
Deck
Patio
ViewNeighborhood

About this home

Possibly Over-Priced:The estimated price is 51% below the list price. We found 3 Cons,5 Pros. Rank: price - $950.0K(70th), sqft - 2392(95th), beds - 5(89th), baths - 3(76th).

Welcome to 1435 W 50th Street, a spacious and well-appointed residence in the heart of South Los Angeles. Boasting 5 bedrooms and 4 bathrooms, this 2,392 sqft home offers an abundance of space, style, and functionality. Step into the updated kitchen, thoughtfully designed with modern finishes, perfect for both entertaining and everyday living. Energy efficiency is a standout feature thanks to the fully paid-off solar system, while a detached garage and basement add extra versatility for storage, a home gym, or creative space. One of the standout features of this property is the layout—the rear portion of the home includes 2 bedrooms and 1 bathroom with its own separate entrance, making it perfect as an attached guest unit, in-law suite, or potential rental for supplemental income. Conveniently located near iconic LA landmarks, you're just minutes from USC, the Los Angeles Memorial Coliseum, BMO Stadium, and Exposition Park. With easy access to major freeways, public transportation, and cultural hubs, this home offers the ideal blend of comfort and connectivity. Whether you're a growing family, investor, or someone seeking extra space in a central location, this South LA gem delivers on all fronts. Don’t miss the opportunity to own this exceptional property in one of LA’s most dynamic and evolving communities.

Nearby schools

3/10
Normandie Avenue Elementary School
Public,•K-5•0.3mi
/10
Dr. James Edward Jones Primary Center
Public,•K-2•0.6mi
2/10
Marguerite Poindexter Lamotte Elementary
Public,•K-5•0.8mi
3/10
Fifty-Second Street Elementary School
Public,•K-5•0.8mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•0.5mi
2/10
John Muir Middle School
Public,•6-8•1.0mi
3/10
Manual Arts Senior High School
Public,•9-12•0.9mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,•9-12•1.2mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,•9-12•1.6mi

Price History

Date
Event
Price
11/29/10
Sold
$170,000
Condition Rating
Fair
The property, built in 1922, presents a clean and well-maintained appearance with hardwood floors and recessed lighting in main living areas and bedrooms. The kitchen has been updated with black granite countertops, a mosaic tile backsplash, and modern stainless/black appliances, but the oak cabinet style and terracotta-style floor tiles suggest these updates are likely 10-20 years old rather than recent, making them somewhat dated. A significant drawback is the absence of central air conditioning, which is a major comfort factor in Los Angeles. While move-in ready, the home would benefit from further modernization, particularly in the kitchen and potentially the bathrooms (no images provided for bathrooms, but likely similar age/style to kitchen updates or older), and the installation of a cooling system. The property's age also implies potential for older underlying systems, as noted in the listing's weaknesses.
Pros & Cons

Pros

Income-Generating Potential / Flexible Layout: The rear portion of the home features a 2-bedroom, 1-bathroom unit with a separate entrance, ideal for an attached guest unit, in-law suite, or potential rental income.
Energy Efficiency: The property benefits from a fully paid-off solar system, significantly reducing utility costs and enhancing long-term savings.
Spacious Interior & Versatile Spaces: Boasting 5 bedrooms, 4 bathrooms, and 2,392 sqft, along with a detached garage and basement, the home offers abundant space and versatility for various needs like a home gym or creative studio.
Updated Kitchen: The kitchen has been thoughtfully updated with modern finishes, providing a functional and aesthetically pleasing space for cooking and entertaining.
Strategic Location: Conveniently located near major LA landmarks such as USC, the Los Angeles Memorial Coliseum, BMO Stadium, and Exposition Park, with easy access to freeways and public transportation, offering strong connectivity.

Cons

Significant Price Discrepancy: The listing price of $950,000 is substantially higher than the estimated property value of $465,038.03, suggesting a potential overvaluation that warrants further investigation or negotiation.
Age-Related Systems & Potential for Deferred Maintenance: Built in 1922, the property's age implies potential for aging infrastructure (e.g., plumbing, electrical) that may require significant updates or repairs not explicitly mentioned as completed.
Absence of Central Air Conditioning: The property description does not indicate the presence of a cooling system, which could be a notable drawback for comfort during warmer months in Los Angeles and may necessitate a costly installation.

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