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$800,000   Price Analysis
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1622 W 50th St
Los Angeles, CA 90062
4 bed 3 bath 2,008 SqFt ($398/SqFt)
5,363SqFt lot. Built 1925
Listed 2024-06-05, Taxes $6,358
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Welcome to this Craftsman bungalow home with a duplex in the back.

* Has Contingent Offer *

One unit is delivered vacant! Live in one and let the rental income from the other 2 units pay your mortgge.

Perfect for an owner user or an investor. Ask about the Fannie Mae conventional loan with 5% down for owner-occupied units!


Presented by Robert A Rodriguez at
COMPASS.


Property MLS #24-397669 from TheMLSCLAW

Bedrooms: 4

Total Bathrooms: 3
Full Bathrooms: 3

Heating Features: Wall

Lot Size Acres: 0.1231175
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 5363

Garage Description: Driveway
Parking Total: 3

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 2
Number of Units: 3
Unit Features: 1 BedsTotal: 3, 1 BathsTotal: 1, 2 BedsTotal: 1, 2 BathsTotal: 1, 3 BedsTotal: 1, 3 BathsTotal: 1

Source Listing Status: Active Under Contract
County: Los Angeles
Directions: From Western Ave head East on 50th St the home will be on your right.
Source Property Type: Residential Income
Area: Los Angeles Southwest
Source Neighborhood: Los Angeles Southwest
Parcel Number: 5016-036-025
Postal Code Plus 4: 2301
Zoning: LAR1
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$177,317 + $334,941
$512,258
$6,358
2021$173,841 + $328,374
$502,215
$6,271
2020$172,059 + $325,007
$497,066
$6,332
2019$168,686 + $318,635
$487,321
$6,089
2018$165,379 + $312,388
$477,767
$6,001
2017$162,137 + $306,263
$468,400
$5,875
2016$158,958 + $300,258
$459,216
$5,730
2015$156,571 + $295,748
$452,319
$5,649
2014$153,504 + $289,955
$443,459
$5,686
2013$152,811 + $288,645
$441,456
$5,680
2012$149,815 + $282,986
$432,801
$5,756
2010$146,878 + $277,438
$424,316
$5,644
2009$146,128 + $276,020
$422,148
$5,436
2009$145,781 + $275,365
$421,146
$5,436
2008$143,263 + $270,608
$413,871
$5,208
2007$140,454 + $265,302
$405,756
$5,037

Listed 2024-06-05
$800,000
TheMLSCLAW
Sold 2004-07-23
$390,000
Public Record
Sold 1991-05-13
$170,000
Public Record
Sold 1978-05-12
$38,500
Public Record

Net Operating Income: 13921

Total Square Feet Living: 2008
Year Built: 1925
Levels: One Level
Living Area Source: Vendor Enhanced
Property Age: 99
Year Built Source: Vendor Enhanced

Barack Obama Global Preparation Academy is a public middle school located approximately 0.3 miles away.
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Western Avenue Technology Magnet is a public elementary and middle school located approximately 0.3 miles away.
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Crenshaw Science, Technology, Engineering, Math And Medicine Magnet is a public high school located approximately 1.2 miles away.
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Leon Garr Learning Institute is a private elementary school located approximately 0.1 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.