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700 E 50th St, Los Angeles, CA 90011

Sale Price: $560,000
Jul 8, 20241,126 sqft3 beds2 baths
Listed by: Venus Martinez
License #: 01206834
Phone #: 562-201-3772
Redfin Corporation
Source:
CRMLS Logo
MLS #: SB24134802

Property Description

Charming 3-Bedroom Home with Endless Potential in Prime LA Location Discover this gem nestled just moments away from the vibrant heart of downtown Los Angeles! This 3-bedroom, 1.5-bathroom home offers an unparalleled opportunity for first-time home buyers and savvy investors alike. Imagine customizing this residence to create the home of your dreams, or capitalize on the expansive lot to add additional units or an ADU. Key Features: Prime Location: Enjoy easy access to downtown LA, with its array of dining, shopping, and entertainment options. Spacious Lot: The generous lot size provides ample space for potential expansions, additional units, or an ADU. Investor’s Dream: With room to grow, this property presents a lucrative opportunity for investors seeking to maximize their return. Don’t miss out on this exceptional chance to own a versatile property in one of LA’s most sought-after areas. Whether you’re looking to create your perfect home or an investment masterpiece, this property is a rare find you won’t want to pass up! Schedule your viewing today and unlock the potential of this unique offering.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$7,490

TurboHome Estimated Value

$537,100

$477 sqft

High Valuation
$563,955
$501/sqft
Normal Valuation
$537,100
$477/sqft
Low Valuation
$510,245
$453/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$477/sqft$537,100

Neighborhood: Southeast Los Angeles

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Comparative Value

$375K

$560K

$575K

$595K

$662K

$665K

911 E 55th St, Los Angeles, CA 90011

Sale Price: $375,000

Selected Comparable

700 E 50th St, Los Angeles, CA 90011

Sale Price: $560,000

Selected Comparable

700 E 50th St, Los Angeles, CA 90011

List Price: $574,900

Subject Property

634 E 52nd Pl, Los Angeles, CA 90011

Sale Price: $595,000

Selected Comparable

403 E 43rd St, Los Angeles, CA 90011

Sale Price: $662,000

Selected Comparable

898 E 57th St, Los Angeles, CA 90011

Sale Price: $665,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
700 E 50th St, Los Angeles, CA 90011

700 E 50th St, Los Angeles, CA 90011

List: $574,900

Listed: 7/8/2024

Area:1,126 sqft
Price/sqft:$511
Beds:3
Baths:2
Year Built:
Lot Size:7,502

Comparable Properties

COMPARABLE
Choose comps
700 E 50th St, Los Angeles, CA 90011

700 E 50th St, Los Angeles, CA 90011

Sale: $560,000

10/31/20240.00 mi

Area:1,126 sqft
Price/sqft:$497
Beds:3
Baths:2
Year Built:
Weight:22.2%
898 E 57th St, Los Angeles, CA 90011

898 E 57th St, Los Angeles, CA 90011

Sale: $665,000

4/3/20250.50 mi

Area:1,028 sqft
Price/sqft:$647
Beds:3
Baths:2
Year Built:
Weight:20.7%
911 E 55th St, Los Angeles, CA 90011

911 E 55th St, Los Angeles, CA 90011

Sale: $375,000

6/18/20250.36 mi

Area:1,239 sqft
Price/sqft:$303
Beds:3
Baths:1
Year Built:
Weight:19.2%
403 E 43rd St, Los Angeles, CA 90011

403 E 43rd St, Los Angeles, CA 90011

Sale: $662,000

9/13/20240.67 mi

Area:1,020 sqft
Price/sqft:$649
Beds:3
Baths:2
Year Built:
Weight:19.1%
634 E 52nd Pl, Los Angeles, CA 90011

634 E 52nd Pl, Los Angeles, CA 90011

Sale: $595,000

10/29/20240.19 mi

Area:1,100 sqft
Price/sqft:$541
Beds:3
Baths:1
Year Built:
Weight:18.9%

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