California / Los Angeles / 90011 / 915 East 50th Street

915 East 50th Street

Q: What is the asking price for 915 East 50th Street in Los Angeles?

The asking price for 915 East 50th Street is $1,098,000

Q: What is the building size of this Multifamily property in Los Angeles, CA?

The size of the building/unit at 915 East 50th Street in Los Angeles is 5,807 square feet.

Q: How much land does the Los Angeles, CA property at 915 East 50th Street include?

915 East 50th Street in Los Angeles includes 0.290 acres of land.

Q: What is the population within 1 mile of 915 East 50th Street?

The population within 1 mile of 915 East 50th Street Los Angeles, CA 90011 is 74,833 people.

Q: Who do I contact for questions about 915 East 50th Street?

You should contact the listing agent, Robert Leveen, for any details regarding this commercial listing.

Los Angeles, CA 90011

Listing ID: 285312

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Building Size: 5,807 SF

Lot Size: 0.290 AC

Land Size: 12,652 SF

Building $/SF: $189.08

Land $/SF: $86.78

Price

$1,098,000

Property Highlights

Major Rental Upside

Excess Land to build Detached ADUs

Description

Lee & Associates is pleased to present 50th Street apartments. The 6 unit property is located at 915 E. 50th Street, in Los Angeles, CA. The unit mix consists of three x one bedroom/one bath, and one x two bedroom/one bath, and two x two bedroom/one bath townhome apartments. Each unit is separately metered and has individual water heaters. The on-site laundry is owned, and the property is situated on a ±12,652 square foot parcel with ten parking spaces. Currently one apartment is vacant.
While the property is zoned LA R2, there is vacant land on the site to construct detached ADUs. Due to the property’s proximity to an MTA bus stop, off-street parking is not required for the ADU. Buyer must verify with the city of Los Angeles regarding ADU development potential.
The offering is an opportunity for an astute investor to acquire a cash flowing property with ADU development potential.

Attachments & Files

915-50-st-los-angeles-om-02012022-Ljg-E2V.pdf

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Points of Interest & Demographic Radii

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Demographic Radii

POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

Los Angeles History of Multifamily Housing for Sale

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Listing Demographics for 915 East 50th Street Los Angeles, CA 90011

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		74,833	460,381	1,341,425
Population Median Age		31	32	34
Population by Age	0-9 Yrs	13423 (17%)	70885 (15%)	188118 (14%)
	10-19 Yrs	13211 (17%)	77686 (16%)	197099 (14%)
	20-29 Yrs	12744 (17%)	88356 (19%)	244585 (18%)
	30-39 Yrs	10587 (14%)	65803 (14%)	203872 (15%)
	40-49 Yrs	10381 (13%)	58559 (12%)	172171 (12%)
	50-59 Yrs	7220 (9%)	47670 (10%)	149659 (11%)
	60-69 Yrs	4365 (5%)	30460 (6%)	103236 (7%)
	70+ Yrs	2902 (3%)	20964 (4%)	82686 (6%)

Median HH Income		$39,393	$38,812	$40,939
Total Household Income	< 24K	5031 (29%)	38141 (32%)	125067 (31%)
	25-49K	5167 (30%)	32780 (28%)	103562 (26%)
	50-74K	2762 (16%)	18595 (16%)	63567 (16%)
	75-99K	1861 (11%)	11224 (9%)	38592 (9%)
	100-199K	1812 (10%)	13391 (11%)	51441 (13%)
	200K+	164 (0%)	1753 (1%)	9741 (2%)

Highest Education Level	No Diploma	24055	128998	343432
	Diploma or GED	9262	63841	197200
	Some College	5046	37622	133345
	Assoc. Degree	1298	10677	40264
	Bachelors Degree	1481	16936	87605
	Higher Degree	702	6511	34550

Total Housing Units		17,500	122,332	417,083
--Owner-Occupied		4,893	30,891	99,833
--Renter-Occupied		11,904	84,995	292,137
Owner-Occupied Values	< 100K	69	642	1960
	100-199K	374	1253	2838
	200-299K	654	5160	12766
	300-399K	1730	9667	26477
	400-499K	1052	7036	23200
	500K+	1014	7134	32593

Total Working Age Population		53,338	346,251	1,036,671
In Work Force		33,925	213,836	649,453
Not In Work Force		19,413	132,414	387,219
Workforce Employed		31,272	196,324	598,025
Workforce Unemployed		2,632	17,476	51,313
Civlian Workforce		33,905	213,799	649,337
Military Workforce		21	37	116

Total Households		16,796	115,886	391,970
Family Households		14,025	84,882	259,441
Non-Family Households		2,771	31,004	132,529
Married Couple		6,831	42,970	135,145
Other Family		7,193	41,912	124,296
Married w/Child		3,742	22,315	64,399
Single Male w/Child		1,359	6,584	17,098
Single Female w/Child		2,697	14,811	42,903

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
California	33,871,648	+10	37,253,956	+9	40,467,295	+8	43,631,295
Los Angeles County	9,519,338	+3	9,818,605	+6	10,369,367	+4	10,759,850

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 915 East 50th Street in Los Angeles?

The asking price for 915 East 50th Street is $1,098,000

What is the building size of this Multifamily property in Los Angeles, CA?

The size of the building/unit at 915 East 50th Street in Los Angeles is 5,807 square feet

How much land does the Los Angeles, CA property at 915 East 50th Street include?

915 East 50th Street in Los Angeles includes 0.290 acres of land

What is the population within 1 mile of 915 East 50th Street in Los Angeles?

The population within 1 mile of 915 East 50th Street Los Angeles, CA 90011 is 74,833 people.

Who do I contact for questions about 915 East 50th Street?

You should contact the listing agent, Robert Leveen, for any details regarding this commercial listing.

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Closest Commercial Airports

Airport	Distance (mi)
Los Angeles International Airport (LAX)	9
John Wayne Airport-Orange County Airport (SNA)	32
Ontario International Airport (ONT)	38