For Sale Duplex MLS# OC26221761

831 W 50th

Los Angeles, CA 90037

$1,195,000

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About 831 W 50th

Exceptional investment opportunity in Los Angeles! Built in 2016, this well-maintained duplex features two spacious residences, each offering 5 bedrooms, 3 bathrooms, and approximately 1,800 square feet of living space, for a combined 3,600 square feet. Situated on an approximately 5,199-square-foot lot, the property offers a desirable combination of modern construction, generous floor plans, and strong in-place rental income.

Each residence features its own in-unit washer and dryer, separately metered electricity and water, and convenient garage parking. The property includes one two-car garage and one single-car garage, along with gated access for added privacy.

Ownership has invested approximately $33,530 in improvements, including interior and exterior painting, carpeting, and the installation of a second water meter.

Currently generating $8,140 per month in combined rental income ($97,680 annually), the property offers attractive cash flow with additional rental upside. At the asking price of $1,195,000, the property reflects an approximately 7.08% capitalization rate based on seller-reported operating expenses, or approximately 6.62% using buyer-adjusted property taxes.

With its 2016 construction, substantial bedroom count, separately metered utilities, and established income stream, this is an opportunity to acquire a newer multifamily asset in Los Angeles. Buyer to verify all property details, financial information, and applicable rental regulations.

Property details

Property

Type
Duplex
MLS type
Duplex
Status
Active
Year built
2016
Stories
2
Living area
3,600 sqft
Price / sqft
$332
Lot
0.1194
Original price
$1,195,000
MLS #
OC26221761

Interior

Features
High Ceilings, Open Floorplan, Recessed Lighting, Storage, Electric, Fireplace
Appliances
Electric Range, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Dryer, Washer
Flooring
Carpet, Tile
Laundry
Inside

Exterior & lot

Features
Parking spaces: 3
Construction
2
Lot
5018017023
Parking
Assigned
Garage spaces
3

Schools

District
Los Angeles Unified School District

Utilities

Utilities
Public Sewer, Public, Electricity Connected, Water Connected, Standard
Water
Public
Sewer
Public Sewer

Financial

Financial
Tenant-owned personal property and furnishings are excluded from the sale.
Annual tax
$9,452
Parcel
5018017023
Special conditions
Standard

Location

Area
C34 - Los Angeles Southwest
County
Los Angeles
Neighborhood
Voices Of 90037
Community
0.0
Directions
From I-110, exit at Slauson Avenue and head west. Turn right onto S Figueroa Street, then left onto W 50th Place. Property is located at 829–831 W 50th Place.

Ask about this property

Questions on 831 W 50th, Los Angeles, CA 90037, or want to see it in person?

Listed by Collin Corsmeier, Balboa Real Estate, Inc

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.