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412 Avenue 50
Los Angeles, CA 90042
Sold
Owner occupied, delivered vacant! Why buy a single family home and build an ADU, when you could buy two homes on a large lot nestled near the base of Mount Washington and ready for you and your renter, guest suite or work studio? 412 N Avenue 50 is an incredible property, consisting of a 3 bed 1 bathroom craftsman-style front house and a 2 bed 1 bathroom back house. The 1240 square foot front house (412 N Avenue 50) is thoughtfully designed with an eye for original charm and character. There are multiple outdoor lounge areas, including a newly landscaped front yard, outdoor dining area and tiki bar perfect for hosting alfresco. The back house (414 N Avenue 50) is an 827 square foot designer-styled, fully remodeled detached home with new craftsman style millwork paired with Scandinavian modern finishes, original floors, central air and a private flagstone patio with 8' high fencing. It has an established airbnb presence with Superhost status, earning on average $3450 per month (or $115 per night). Both units will be vacant at the close of escrow - live in one or rent out both for maximum income! Property includes an automatic driveway gate and ample car park in the back with room for 4+ cars plus a stand alone garage. A 15 minute walk from the heart of Figueroa in Highland Park and a stone's throw away from neighborhood favorites; Gloria's Restaurant, La Tropicana Market and Burritos La Palma. Do not miss this rare opportunity - will not last long!
PROPERTY INFORMATION
| MLS # | 23313879 | Lot Size | 7,950 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 1,250,000
Price Per SqFt: $ 605 |
DOM | 587 Days |
| Address | 412 Avenue 50 | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 2,067 Sq. Ft. |
| Postal Code | 90042 | Garage | 1 |
| County | Los Angeles | Year Built | 1921 |
| Bed / Bath | 5 / 0 | Parking | 5 |
| Built In | 1921 | Status | Closed |
| Sold Date | 2023-11-06 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Washer Included, Dryer Included |
| Has Appliances | Yes |
| Kitchen Appliances | Refrigerator |
| Has Heating | Yes |
| Heating Information | Central, Floor Furnace |
| Has Cooling | Yes |
| Cooling Information | Wall/Window Unit(s), Central Air |
| Flooring Information | Wood |
EXTERIOR FEATURES
WALKSCORE
Walk Score: 82 (Very Walkable)
Transit Score: 52 (Good Transit)MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,333
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 11/06/2023 | Sold | $1,315,000 |
| 10/12/2023 | Pending | $1,250,000 |
| 09/25/2023 | Sold | $1,250,000 |
Topfind Realty
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(844)-333-8033
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Listing provided courtesy of Alison Gilbert, Nourmand & Associates-HW. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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.
