524 W 50th Street

    Los Angeles (City), CA 90037
    • $648,000
    • STATUS: Pending
    • ON SITE: 180 days
    • ID#: RS18258059
    Pending
    UPDATED: 47 min ago
    $648,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,775
      SQFT
    • $365
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1941
    County:

    School Ratings & Info

    Description

    imagine owning your own property, limited down payment assistance funds available, live in one unit front unit ready for owner occupancy it has been upgraded, front unit is 3 bedrooms 1 bath, refinished kitchen cabinets, quartz counter tops. Both units have open floor space. flooring is Tile, laminate, and water proofing. If you are a buy and hold investor looking for passive income rent both units. Property is well taken care and has upside. Rear unit is 2 bedrooms 1 bath that was built 2007. Long driveway, 1 two car garage and 3 open parking spaces. Each unit has central heating and A/C, separate water, electric and gas meters. Property is practically maintenance free. Close to all the buzz: coming Rams/Chargers NFL stadium, USC Village, transit lines, freeways, Exposition Park, DTLA, Banc of California Stadium and more. Property is located in the Vermont Square neighborhood, home to Vermont Square Park +GG as well as Julian C. Dixon Park, named after the late politician. Vermont Square Library is one of LA+GGs remaining Carnegie libraries. Schedule private tour.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-04-23T19:37:56.347. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/88817251

    524 W 50th Street Los Angeles (City), CA 90037

    • Price: $648,000
    • Status: Pending
    • Updated: 47 min ago
    • ID#: RS18258059
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    1,775
    SQFT
    $365
    $/SQFT
    1941
    Built
    Neighborhood:
    C42 - Downtown L.A.
    County:
    Los Angeles
    Area:
    C42 - Downtown L.A.
    Property Description
    imagine owning your own property, limited down payment assistance funds available, live in one unit front unit ready for owner occupancy it has been upgraded, front unit is 3 bedrooms 1 bath, refinished kitchen cabinets, quartz counter tops. Both units have open floor space. flooring is Tile, laminate, and water proofing. If you are a buy and hold investor looking for passive income rent both units. Property is well taken care and has upside. Rear unit is 2 bedrooms 1 bath that was built 2007. Long driveway, 1 two car garage and 3 open parking spaces. Each unit has central heating and A/C, separate water, electric and gas meters. Property is practically maintenance free. Close to all the buzz: coming Rams/Chargers NFL stadium, USC Village, transit lines, freeways, Exposition Park, DTLA, Banc of California Stadium and more. Property is located in the Vermont Square neighborhood, home to Vermont Square Park +GG as well as Julian C. Dixon Park, named after the late politician. Vermont Square Library is one of LA+GGs remaining Carnegie libraries. Schedule private tour.
    Exterior Features

    Garage Spaces 2.00 Lot Features Near Public Transit Lot Size Source Assessor Lot Size Units Square Feet Parking Total 5.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Cooling Central Air Cooling YN Yes Flooring LaminateTile Heating Central Heating YN Yes Laundry Features None Levels One Room Type All Bedrooms Down

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Urban Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 0.00 Gross Scheduled Income 19800.00 Insurance Expense 600.00 Land Lease YN No Laundry YN No Net Operating Income 11638.00 New Construction YN No New Taxes Expense 7562.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Number Of Units Leased 1 Operating Expense 8162.00 Property Sub Type Duplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All UtilitiesCable TvElectricityGasSewerTrash CollectionWater Total Actual Rent 19800.00 Total Expenses 8162.00 Trash Expense 0.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Assessor Zoning Lard2

    Listing provided courtesy of Bayron Bliss of Bayron Bliss, Broker


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-04-23T19:37:56.347. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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