506 E 62nd Street Los Angeles, CA $ 700,000
506 E 62nd Street
$ 700,000
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506 E 62nd Street

Los Angeles, CA, 90003
$ 700,000
Baths1.0 Sq 1,966

Monthly Estimate*

$ 4,310

Listed by Allstars Realty
506 E 62nd Street, Los Angeles, CA 90003 - Image 1
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View a Virtual Tour
Studio

Multi-Family Home for sale in Los Angeles, CA

for $700,000 with 1 full bath. This 1,966 square foot home was built in 1924 on a lot size of 0.124.

Excellent opportunity to own two detached homes on one lot in the heart of Los Angeles. Offering approximately 1,966 square feet of living space on a 5,401 square foot lot, this versatile duplex is ideal for investors, multigenerational living, or buyers looking to live in one unit while renting out the other. The front home features 3 bedrooms and 2 bathrooms, while the rear unit offers 2 bedrooms and 1 bathroom. Both units have their own private parking areas, creating additional convenience and privacy for tenants or owner-occupants alike. The property also features a long driveway, a storage shed in the rear, and a newer roof installed approximately 2 years ago. Inside, you’ll find spacious layouts, updated bathrooms, laminate flooring, and plenty of potential to personalize or improve over time. Whether you are looking to expand your investment portfolio, generate rental income, or offset your mortgage with additional income, this property offers flexibility and long-term upside potential. Conveniently located less than 5 miles from SoFi Stadium with easy access to major freeways, shopping, dining, entertainment, and LAX, this property is positioned in an area with strong rental demand and excellent accessibility throughout Los Angeles. The property is zoned LAR2 and consists of two legal units, making it an attractive opportunity for both seasoned and first-time investors.

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Multi-Family Pending

Price

$ 700,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.124

Year Built

1924

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

DW26108194

Days on Market

38

Features
General
Sewer Public Sewer
Heating None
Cooling None
Utilities None
HOA Fee 0
Garage Spaces 0
Pool Features None
Year Built 1924
Electric Standard
Stories Count 1
Levels One
Property Subtype Duplex
Gross Income 0
Community Features Sidewalks
County Los Angeles
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
New Construction false
Property Type Residential Income
HOA false
Garage Y/N false
Special Listing Conditions Standard
Status Pending
City Los Angeles
Entry Location Front door
Senior Community Y/N false
Number Of Units Total 2
MLS Area WLA - West Los Angeles
Lot Size Units Square Feet
Lot Size Square Feet 5403
Number of Units Leased 2
Listing Terms Cash Cash to Existing Loan Cash to New Loan Conventional FHA
Property Attached Y/N false
Land Lease Y/N false
Trash Expense 0
Water Sewer Expense 3000
Additional Parcels Y/N false
Rent Control Y/N true
Virtual Tour https://www.youtube.com/watch?v=xyQWNMMgpUw
Building Area Units Square Feet
Standard Status Pending
Year Built Source Assessor
Tax Lot 14
Total Actual Rent 3815
Property Sub Type Additional Duplex
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Interior
Interior Amenities All Bedrooms Down
Fireplace Features None
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N false
Heating Y/N false
Fireplace Y/N false
Laundry Features Washer Hookup Gas Dryer Hookup
Entry Level 1
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Exterior
Lot Features 0-1 Unit/Acre
Water Source Public
Total Parking 0
Lot Size Area 5403
Number of Buildings 2
Building Area Total 1966
Lot Size Acres 0.124
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 2
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
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* Excluded Features
List By
Allstars Realty

Broker

krysbenyamein@gmail.com

Email

Affordability Calculator

$4,310
Per Month
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Monthly Principal & Interest
$4,310
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/1/2026$700,000 Listed Price

Map


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506 E 62nd Street, Los Angeles, CA, 90003 is a Multi-Family Home for sale at $700,000 with 1,966 sqft and a lot size of 0.124. 506 E 62nd Street is a studio with 1.0 baths and was built in 1924. The property's zip code is 90003 which is in Los Angeles, CA