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908 W 50TH Place

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908 W 50TH Place | Los Angeles, CA

$599,000

1,658 SQ.FT.

Duplex. Will be delivered VACANT. FHA OK! 1,600+ sqft. Zoned R2. Close to USC, Expo Line and new Inglewood Football Stadium. Short commute to DTLA. GSI $48K. NOI $34,700+. GRM 12.48. CAP 5.79%. Front house (908 W 50th Pl.): 3BD+1BA, 914 sqft. Craftsman-style finishes & refinished hardwood floors. Plenty of windows & natural light throughout the unit. Spacious bedrooms with great closet space. Large kitchen. Separate laundry area with washer/dryer hookups. Estimated FMV Rent: $2,500/mo. Back house (907 W 51st St.): 1BD+1BA, 744 sqft. Similar layout as front and can be easily reconfigured into 2BD+1BA. Refinished hardwood floors. Large windows & plenty of natural light. Estimated FMV Rent: $1,700/mo. Both units have been newly painted on the inside. Buyer still needs to do minor updates in bath/kitchen. Extra privacy fencing. Lot size almost 5,800 sqft. Quiet neighborhood. Short commute to USC & DTLA. Close to new Expo Line. Property is FHA ready. Great investment for owner occupant
Listing Provided by Andrew Watkins, Pacific Playa Realty

Based on information from California Regional Multiple Listing Service, Inc. as of October 12, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.