820 W 50th Street, Los Angeles, California 90037, Los Angeles, 90037 - 3 bed, 2 bath
ACTIVE$700,000
820 W 50th Street, Los Angeles, California 90037
3Beds
2Baths
1,422Sqft
5,193Lot
Year Built
1908
Close
-
List price
$700K
Original List price
$700K
Price/Sqft
$492
HOA
-
Days on market
-
Sold On
-
MLS number
25536125
Home ConditionPoor
Features
Patio
View-
About this home
Possibly Over-Priced:The estimated price is 35% below the list price. We found 4 Cons,5 Pros. Rank: price - $700.0K(61th), sqft - 1422(50th), beds - 3(50th), baths - 2(50th).
Full of character and possibility, this charming single-family home offers a rare blend of timeless design and future potential for both investors and end-users seeking a centrally located property. Situated on a generous R2-zoned lot, the home features 3 bedrooms, 2 bathrooms, a warm and functional layout, and a private backyard ideal for entertaining or expansion. The oversized, fully permitted 700 square foot garage/storage room presents an excellent opportunity to create an ADU or enjoy the space as a workshop, studio, or bonus area. Located just minutes from USC, Downtown LA, and major freeways, this home offers prime accessibility to the city's best while still enjoying the comfort and seclusion of a quiet neighborhood setting.
Nearby schools
3/10
Fifty-Second Street Elementary School
Public,•K-5•0.1mi
/10
Dr. James Edward Jones Primary Center
Public,•K-2•0.3mi
2/10
Marguerite Poindexter Lamotte Elementary
Public,•K-5•0.3mi
5/10
West Vernon Avenue Elementary School
Public,•K-5•0.7mi
3/10
Normandie Avenue Elementary School
Public,•K-5•0.7mi
5/10
Menlo Avenue Elementary School
Public,•K-5•0.7mi
2/10
Main Street Elementary School
Public,•K-5•0.9mi
2/10
Western Avenue Elementary School
Public,•K-5•1.2mi
3/10
Trinity Street Elementary School
Public,•K-5•1.4mi
2/10
Martin Luther King Jr. Elementary School
Public,•K-5•1.5mi
/10
Maple Primary Center
Public,•K-1•1.6mi
3/10
Angeles Mesa Elementary School
Public,•K-5•1.9mi
2/10
Forty-Second Street Elementary School
Public,•K-5•2.0mi
2/10
Tom Bradley Global Awareness Magnet School
Public,•K-5•2.3mi
3/10
Sixth Avenue Elementary School
Public,•K-5•2.8mi
2/10
John Muir Middle School
Public,•6-8•0.8mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•1.3mi
3/10
Los Angeles Academy Middle
Public,•6-8•1.5mi
3/10
William Jefferson Clinton Middle School
Public,•6-8•1.6mi
1/10
Horace Mann Junior High School
Public,•6-8•2.0mi
2/10
Audubon Middle School
Public,•6-8•2.5mi
3/10
Manual Arts Senior High School
Public,•9-12•0.8mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,•9-12•0.8mi
3/10
Nava College Preparatory Academy
Public,•9-12•2.3mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,•9-12•2.4mi
5/10
Santee Education Complex
Public,•9-12•2.6mi
Price History
Date
Event
Price
08/22/25
Sold
$680,000
Condition Rating
Poor
Built in 1908, this property shows significant age and a clear need for substantial repairs and rehabilitation. The description's emphasis on 'character and possibility' and 'future potential' strongly implies extensive renovation is required. Exterior images reveal faded paint, cracked driveways, and overgrown landscaping, indicating deferred maintenance. Crucially, the absence of interior photos, especially for the kitchen and bathrooms, suggests these key areas are likely outdated and in poor condition, requiring major updates to meet current standards. The property analysis also highlights 'Age and Implied Condition' as a weakness, reinforcing the need for significant investment.
Pros & Cons
Pros
ADU Conversion Potential: The oversized, fully permitted 700 sq ft garage/storage room offers a clear and valuable opportunity for ADU conversion, enhancing income potential or living space.
R2 Zoning: Situated on a generous R2-zoned lot, the property provides significant flexibility for future expansion or multi-unit development, appealing to investors and those seeking long-term value.
Prime Central Location: Strategically located just minutes from USC, Downtown LA, and major freeways, offering excellent accessibility to key urban centers and amenities.
Broad Market Appeal: The property's blend of timeless design and future potential caters to both investors seeking development opportunities and end-users looking to customize a charming home.
Private Backyard: Features a private backyard ideal for entertaining or further expansion, adding desirable outdoor living space.
Cons
Recently Sold Property: The property was recently sold within the past year on 2025-08-22. The sold price is $680,000.00.
Significant Overpricing: The current list price of $700,000 is substantially higher than the estimated property value of $450,826, suggesting a potential overvaluation in the current market.
Age and Implied Condition: Built in 1908, the property's 'character and possibility' description, coupled with its age, implies a likelihood of requiring significant updates or renovations to meet modern standards and maximize its potential.
Competitive Market Positioning: Compared to nearby 'fixer' properties that sold for considerably less, the current price point may be challenging if the property requires substantial investment to bring it to a competitive standard.