$ 1,195,000
-
$1,195,000
Price -
10
Bed -
6
Bath -
3,600
SqFt -
0.12
Acre
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About the Listing J02049 - OCCORSCOL
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.
Listing Highlights for 831 W 50th
Interior Details
- Bedrooms: 10
- Bathrooms: 6 Full
- Appliances: Electric Range, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Dryer, Washer
- Air Cond:
- Heating:
- Fireplaces: Electric
- Floor: Carpet,Tile
- Basement:
- Other: High Ceilings,Open Floorplan,Recessed Lighting,Storage
- Water: Public
Exterior Details
- Lot Description: 2-5 Units/Acre,No Land Lease
- Garage Capacity: 3 car
- Parking Spaces: 3
- Roof:
- Others: 2+ Total Units
- Sewer: Public Sewer
- Parking Features: Assigned
Financial Details
- Tax Amount: $9,452
- Taxes w/Assessments: N/A
- Tax/Property ID: 5018017023
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Listing Location
Questions About..
831 W 50th Los Angeles, CA 90037
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