Courtesy of: Collin Corsmeier, Balboa Real Estate, Inc, corsmeiercollin@gmail.com
Courtesy of: Collin Corsmeier, Balboa Real Estate, Inc, corsmeiercollin@gmail.com
$1,195,000
|
10 bed
|
|
6.00 Bath (6 Full)
|
|
Lot: 0.12 Acres
|
|
Duplex
|
$1,195,000
831 W 50th 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.
Courtesy of: Collin Corsmeier, Balboa Real Estate, Inc, corsmeiercollin@gmail.com
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.