831 W 50th Los Angeles, CA $ 1,195,000
831 W 50th
$ 1,195,000
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831 W 50th

Los Angeles, CA, 90037
$ 1,195,000
Bedrooms-- Baths3.0 Sq 3,600

Monthly Estimate*

$ 8,254

Listed by Collin Corsmeier, Balboa Real Estate, Inc, corsmeiercollin@gmail.com
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Multi-Family Home for sale in Los Angeles, CA

for $1,195,000 with 3 full baths. This 3,600 square foot home was built in 2016 on a lot size of 0.1194.

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 7.14% capitalization rate based on seller-reported operating expenses, or approximately 6.68% 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.

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Multi-Family Coming Soon

Price

$ 1,195,000

Full Bath

3

Property Type

Multi-Family

Taxes

$ 9,452

Style

Lot Size

0.1194

Year Built

2016

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

OC26221761

Days on Market

2

Features
General
Sewer Public Sewer
Utilities Electricity Connected Water Connected
Possession Close Of Escrow
Appliances Electric Range Gas Cooktop Gas Oven Gas Range Gas Water Heater Dryer Washer
HOA Fee 0
Garage Spaces 3
Pool Features None
Exclusions Tenant-owned personal property and furnishings are excluded from the sale.
Year Built 2016
Electric Standard
Tenant Pays Cable TV Electricity Gas Trash Collection Water
Stories Count 2
Levels Two
Property Subtype Duplex
Gross Income 97680
Community Features Biking
County Los Angeles
Net Operating Income 85367
Operating Expense 12313
Insurance Expense 1186
New Construction false
Property Type Residential Income
HOA false
Garage Y/N true
Special Listing Conditions Standard
Status Coming Soon
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.
City Los Angeles
Entry Location 2
Senior Community Y/N false
Number Of Units Total 2
MLS Area C34 - Los Angeles Southwest
Lot Size Units Square Feet
Lot Size Square Feet 5199
Listing Terms Cash to New Loan Conventional
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Tax Annual Amount 9452
Electric Expense 0
Current Financing Conventional
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Coming Soon
Year Built Source Builder
Tax Lot 84
Property Sub Type Additional Duplex
Expected Active Date 2026-10-14
Taxes 9452
Cap Rate 7.14
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Interior
Interior Amenities High Ceilings Open Floorplan Recessed Lighting Storage
Flooring Carpet Tile
Fireplace Features Electric
Total Stories 2
Common Walls 1 Common Wall
Fireplace Y/N true
Laundry Features Inside
Entry Level 1
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Exterior
Parking Features Assigned
Lot Features 2-5 Units/Acre
Water Source Public
Total Parking 3
Lot Size Area 5199
Number of Buildings 1
Spa false
Building Area Total 3600
Lot Size Acres 0.1194
Private Pool false
Lot Size Source Assessor
Pool Charge 0
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
Collin Corsmeier

Listing Agent

Balboa Real Estate, Inc

Broker

corsmeiercollin@gmail.com

Email

Affordability Calculator

$9,041
Per Month
91%
9%
0%
Monthly Principal & Interest
$8,254
Monthly Property Taxes
$788
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
10/13/2026$1,195,000 Listed Price

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831 W 50th, Los Angeles, CA, 90037 is a Multi-Family Home for sale at $1,195,000 with 3,600 sqft and a lot size of 0.1194. 831 W 50th has 3.0 baths and was built in 2016. The property's zip code is 90037 which is in Los Angeles, CA