324 West 50th Street
324 West 50th Street
$836,850
1
6
4,556
4,556
$184
Closed 11/27/23
Description
Discover a remarkable investment opportunity at 324 W 50th Street in the vibrant city of Los Angeles. This well-maintained 6-unit apartment building offers a diverse array of units, including four spacious 1-bedroom, 1-bath apartments and two convenient studios. The property boasts a substantial lot size of 6,886 square feet, providing room for potential expansion, outdoor amenities, or landscaping enhancements. With a total building size of approximately 4,556 square feet, all residents enjoy comfortable...Discover a remarkable investment opportunity at 324 W 50th Street in the vibrant city of Los Angeles. This well-maintained 6-unit apartment building offers a diverse array of units, including four spacious 1-bedroom, 1-bath apartments and two convenient studios. The property boasts a substantial lot size of 6,886 square feet, providing room for potential expansion, outdoor amenities, or landscaping enhancements. With a total building size of approximately 4,556 square feet, all residents enjoy comfortable living spaces. One of the standout features of this property is its versatility. There is the potential to create an additional dwelling unit (ADU) on the premises, allowing for increased rental income or the provision of a separate living space. Additionally, there is an opportunity to introduce onsite laundry facilities, which can enhance tenant convenience and generate supplementary income. Utility management is streamlined thanks to the existence of separate gas and electric meters for each of the six units. This simplifies billing and ensures efficient handling of tenant utilities. Convenience is key with easy freeway access, making it effortless for tenants to commute and access nearby amenities, shopping centers, and entertainment options. This 6-unit apartment building at 324 W 50th Street is a well-rounded investment in a sought-after Los Angeles location. Its unit mix, potential for expansion, and utility separation make it an attractive prospect for investors seeking steady rental income and future growth opportunities. Don't miss the chance to add this property to your real estate portfolio.
- Listed by Julie Bencosme • DRE #01305364 • Brokerage DRE #02119245 • Century 21 Village Realty • 626-202-8502
- Listed by Andy Bencosme • DRE #01323356 • Brokerage DRE #02119245 • Century 21 Village Realty
Property Details for 324 West 50th Street
Architectural Style
Colonial
ViewCity Lights
Parking Spaces Total1
Private PoolNo
Cooling TypeWall/Window
Total Units6.0
Building TypeAttached
Lot Size SourceAssessor
Location
LISTING UPDATED: 11/28/2023 06:24 AM
Property Details for 324 West 50th Street
Status | Closed |
---|---|
MLS # | AR23178693 |
Days on Market | 22 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1922 |
County | Los Angeles County |
Location
Building Information for 324 West 50th Street
Building/Complex324 W 50th StFloor-Stories2Residences-Pet Policy-Year Built1922Building Size-
Payment Calculator
$4,903 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 324 West 50th Street
Property History for 324 West 50th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 324 West 50th Street
Taxable ValueLand$99,626Additions$149,354Total$248,980
Tax Record2023$4,029 ($336 / month)
Home Facts
Total Finished SqFt4,556 SqFtAbove Grade Finished SqFt4,556 SqFtLot Size6,886 SqFtStyleMulti-Family Res (5+ Units)Year Built1922ZoningLARD2CountyLOS ANGELESAPN5110-022-013
Schools near 324 West 50th Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
West Vernon Avenue Elementary School PublicK to 5 | ||
Los Angeles Academy Middle Public6 to 8 | ||
Thomas Jefferson Senior High School Public9 to 12 | ||
Nava College Preparatory Academy Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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