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521 N Avenue 50, Los Angeles, CA 90042
7
beds
5
baths
2724
ft2
· 6839
ft2 lot
$1,275,000
$468 / ft2
Listing provided courtesy of Eric Delgado, Keller Williams Encino-Sherman Oaks.
Source CRMLS.
**Subject to cancellation of previous escrow** Turnkey move-in-ready investment opportunity in Highland Park! Come see this contemporary and remodeled 3 unit multifamily property, just down the street from the highly desirable York Blvd area with hip restaurants, trendy coffee shops, and much more. The main house features two modern units (one on the first floor and one on the second floor) with wood laminate floors, beautiful beamed ceilings on the first floor, chef’s kitchens, spacious living areas, and great sized bedrooms. The third unit is a detached 2 bed/1 bath with a beautiful kitchen with mosaic tile backsplash, stone counters, and an updated bathroom. Perfect to live in one and rent out the other two or rent out all three for a steady stream on passive income. All units are separately metered, have laundry hooks and there is a newly stamped parking area with plenty of space for residents. With the potential to add more units (buyer to verify) and less than a mile from the Highland Park Gold Line for easy access anywhere, you won’t want to miss this one!
HOA
$—/month
On market
3 months
Year built
1923
Property type
Multi-Family
Parking
MLS
SR21027363
Price / Sq.Ft.
$468 / ft2
Status
Active
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Property Details
Interior Features & Layout
Appliances
•   
Laundry Details: Gas Dryer Hookup, Inside, Stackable, Washer Hookup
•   
Appliances: Dishwasher
•   
Has Appliances
•   
Laundry: 1
Rooms Info
•   
Average3 Bed Area Units: Square Feet
•   
Average Studio Area Units: Square Feet
•   
Average2 Bed Area Units: Square Feet
•   
Average1 Bed Area Units: Square Feet
•   
Room Information: Kitchen, Living Room, Main Floor Bedroom
Interior Features
•   
Interior Features: Granite Counters, Recessed Lighting
•   
Window Features: Double Pane Windows
Heating & Cooling
•   
Has Heating
•   
Heating Details: Central, See Remarks
•   
Cooling Details: Wall/Window Unit(s)
Flooring
•   
Flooring: Wood
Interior Size
•   
Building Area Total: 2724.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Garage Spaces: 0.00
Property Features
•   
View: Neighborhood
•   
Common Walls: No Common Walls
Building Info
•   
Building Area Units: Square Feet
•   
Zoning: LARD1.5
•   
Stories Total: 2
•   
Num Stories: Two
•   
Year Built Source: Assessor
Lot Info
•   
Lot Features: Front Yard
•   
Lot Size Source: Assessor
•   
Elevation Units: Feet
•   
Lot Size Acres: 0.1570
•   
Lot Size Area: 6839.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 1
•   
Total Units: 3
Utilities & Other Information
Utilities
•   
Number Of Separate Electric Meters: 3
•   
Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
•   
Number Of Separate Gas Meters: 3
•   
Number Of Separate Water Meters: 3
Water & Sewer Info
•   
Water Source: Public
•   
Sewer: Public Sewer
Listing Details, Costs & Financing Information
Financial Info
•   
Water Sewer Expense: 3000.00
•   
Trash Expense: 0.00
•   
New Taxes Expense: 0.00
•   
Insurance Expense: 1500.00
•   
Total Expenses: 4500.00
•   
Gross Scheduled Income: 99000.00
•   
Operating Expense: 4500.00
•   
Rent Control Yn: 1
Tax/Assessment Info
•   
Gross Income: 99000.00
•   
Tax Year: 2020
•   
Taxes: 6618.0
Lease Info
•   
Net Operating Income: 94500.00
Listing Info
•   
Status: Active
Multi Unit Information
Unit 3 Information
•   
Unit 3 Bedrooms: 2
•   
Unit 3 Actual Rent: 0.00
•   
Unit 3 Total Units: 1
•   
Unit 3 Furnished Units: Unfurnished
•   
Unit 3 Garage Spaces: 0.00
•   
Unit 3 Bathrooms: 1
•   
Unit 3 Total Rent: 0.00
Unit 2 Information
•   
Unit 2 Actual Rent: 0.00
•   
Unit 2 Bedrooms: 2
•   
Unit 2 Total Units: 1
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 2
•   
Unit 2 Garage Spaces: 0.00
•   
Unit 2 Total Rent: 0.00
Unit 1 Information
•   
Unit 1 Bedrooms: 3
•   
Unit 1 Total Units: 1
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Garage Spaces: 0.00
•   
Unit 1 Bathrooms: 2
•   
Unit 1 Actual Rent: 0.00
•   
Unit 1 Total Rent: 0.00
Multi Unit Information
•   
# Of Units: 3
School Neighborhood & Directions
Location
•   
Community Features: Sidewalks, Street Lights
School Info
•   
Directions: N. Avenue 50 & Lynn St.
Virtual Tour Link
Virtual Tour
•   
Virtual Tour Url Branded
Other
Calculation
•   
Dom: 78
•   
Cdom: 226
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: May 17, 2021 3:34pm
Neighborhood snapshot
94
Properties for sale
12
Median days on market
$636.15
Median sold price/sqft
106.11%
Sold/List %
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Property History
05/06/2021
05/06/2021
CRMLS #SR21090722
pending
CRMLS #SR21090722
$1,275,000
04/29/2021
04/29/2021
CRMLS #SR21090722
active
CRMLS #SR21090722
$1,275,000
02/09/2021
02/09/2021
CRMLS #SR21027363
active
CRMLS #SR21027363
$1,275,000
--3.77%
01/14/2021
01/14/2021
CRMLS #SR21009168
active
CRMLS #SR21009168
$1,325,000
--1.05%
11/14/2020
11/14/2020
CRMLS #DW20239597
active
CRMLS #DW20239597
$1,339,000
--4.36%
See more property history
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