831 W 50th
Property Overview
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.
Home Details
- Property type
- Residential Income - Duplex
- Year built
- 2016
- Lot size
- 5,199 sq ft
- Parking
- 3 spaces
- Garage
- 3 spaces
- Stories
- 2
- Days on market
- 0
- MLS status
- Active
Features & Amenities
Interior
- High Ceilings
- Open Floorplan
- Recessed Lighting
- Storage
Appliances
- Electric Range
- Gas Cooktop
- Gas Oven
- Gas Range
- Gas Water Heater
- Dryer
- Washer
Parking
- Assigned
Pool
- None
Lot
- Two To Five Units Acre
Community, Schools & Utilities
Community
- Fireplace
- Yes
- Annual property tax
- $9,452
Utilities
- Electric
- Standard
- Water
- Public
- Sewer
- PublicSewer
Location & Neighborhood
Frequently Asked Questions About 831 W 50th
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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