662 E 50th Street, Los Angeles, California 90011, Los Angeles, - bed, bath
ACTIVE$650,000
662 E 50th Street, Los Angeles, California 90011
4Beds
2Baths
2,100Sqft
7,500Lot
Year Built
1923
Close
-
List price
$650K
Original List price
$650K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
CV25077560
Home ConditionPoor
Features
View-
About this home
Investor opportunity! This property has 2 units attached with 4 bedrooms and 2 bathrooms and it has a fireplace in living room, long driveway for several car parking. convenient location close to schools, stores, restaurants, easy access to 10 freeway, and a beautiful recreational park at cross Street, also Minutes to the city of Los Angeles at your convenience. Drive By only Please don't disturb occupants.
Nearby schools
2/10
Forty-Ninth Street Elementary School
Public,•K-5•0.1mi
2/10
Aurora Elementary School
Public,•K-5•0.4mi
3/10
Sally Ride Elementary: A Smart Academy
Public,•K-5•0.5mi
2/10
Main Street Elementary School
Public,•K-5•0.6mi
5/10
Estrella Elementary School
Public,•K-5•0.7mi
2/10
Harmony Elementary School
Public,•K-5•0.7mi
4/10
Ricardo Lizarraga Elementary School
Public,•K-5•0.9mi
5/10
West Vernon Avenue Elementary School
Public,•K-5•1.1mi
3/10
Fifty-Second Street Elementary School
Public,•K-5•1.4mi
2/10
Marguerite Poindexter Lamotte Elementary
Public,•K-5•1.5mi
/10
Dr. James Edward Jones Primary Center
Public,•K-2•1.6mi
3/10
Los Angeles Academy Middle
Public,•6-8•0.4mi
3/10
George Washington Carver Middle School
Public,•6-8•0.4mi
3/10
William Jefferson Clinton Middle School
Public,•6-8•1.6mi
2/10
John Muir Middle School
Public,•6-8•1.8mi
2/10
Thomas Jefferson Senior High School
Public,•9-12•1.1mi
3/10
Nava College Preparatory Academy
Public,•9-12•1.1mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,•9-12•1.6mi
3/10
Manual Arts Senior High School
Public,•9-12•1.8mi
3/10
John C. Fremont Senior High School
Public,•9-12•1.9mi
5/10
Santee Education Complex
Public,•9-12•2.2mi
Price History
Date
Event
Price
04/09/25
Listing
$650,000
07/28/17
Sold
$395,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (24 Listings) | |
|---|---|---|---|
| Beds | 4 | 0 | 0% |
| Baths | 2 | 0 | 0% |
| Square foot | 2,100 | 1,988 | 60% |
| Lot Size | 7,500 | 5,364 | 96% |
| Price | $650K | $710K | 40% |
| Price per square foot | $310 | $348 | 28% |
| Built year | 1923 | 1923 | 50% |
| HOA | |||
| Days on market | 210 | 167 | 60% |
Condition Rating
Poor
Built in 1923, this property is over 100 years old. The single exterior image reveals significant age and deferred maintenance, including worn stucco, dated windows, and an unkempt facade. The description 'Investor opportunity' and 'Drive By only Please don't disturb occupants' strongly suggests the interior, including the kitchen and bathrooms, is in very poor condition, likely original or last updated decades ago, and requires substantial repairs and rehabilitation to be livable and meet modern standards. There are no indications of recent major renovations.
Pros & Cons
Pros
Income Potential: This property is a duplex with '2 units attached,' explicitly marketed as an 'Investor opportunity!', providing immediate rental income potential in a high-demand market.
Prime Location: Strategically located near schools, stores, restaurants, with easy access to the 10 Freeway, a recreational park across the street, and minutes to downtown Los Angeles, enhancing tenant desirability and property value.
Ample Parking: Features a 'long driveway for several car parking,' a significant and highly desirable advantage in a dense urban area like Los Angeles.
Generous Lot Size: A 7,500 sqft lot offers potential for outdoor living space, future expansion, or additional development, adding long-term value to the investment.
Desirable Amenity: Includes a fireplace in the living room, adding a cozy and appealing feature for residents, enhancing the property's charm.
Cons
Restricted Access for Showings: The 'Drive By only Please don't disturb occupants' instruction severely limits a buyer's ability to inspect the interior, creating significant uncertainty regarding condition and potentially deterring serious offers.
Age of Property: Built in 1923, the property is over 100 years old, suggesting potential for outdated systems (plumbing, electrical, HVAC) and requiring significant capital expenditures for modernization and deferred maintenance.
Condition Uncertainty: The combination of 'investor opportunity' and 'drive by only' strongly implies the property is being sold in its current, potentially un-updated condition, requiring substantial renovation investment from the buyer.