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706 W 50th St, Los Angeles, CA, 90037

8beds
5baths
3,342sqft
$1,749,000
$523price/sqft
$11,708/moest. monthly cost
$468,320/yrincome needed

About This Home

Excellent opportunity to acquire a three-unit investment property built in 2021. The property sits on a 6,000+ sq. ft. lot and is ideally located on 50th St between Hoover St and Figueroa St. Conveniently situated just minutes from USC, Downtown LA, and easy access to the 110 and 10 Freeways.

Getting Around

71
WalkingVery Walkable
60
TransitGood Transit
76
BikeVery Bikeable

Construction

Condition

  • Year built: 2021

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Range/Oven

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 5

Features

  • Flooring: Wood Laminate

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,342
  • Total interior livable area: 3,342 sqft

Property

Details

  • Parcel number: 5018020007
  • Zoning: LARD2
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 6,115 sqft
  • Lot size dimensions: 45 x 136

Parking

  • Parking features: Driveway,Attached,Garage - 2 Car,Concrete,Garage Is Attached
  • Has garage: Yes
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Heat Wave
Wildfire

FEMA Declared Disasters in Los Angeles County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $8,843$106,116
Home Insurance *$385$4,620
Property Taxes $1,764$21,168
Electricity $716$8,599
Total$11,708$140,496
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$401,417/yr
40% on housing$351,240/yr
45% on housing$312,213/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$523This listing

vs Other Active Listings

Avg $/sqft

ZIP 90037$353
Los Angeles County$602

vs Homes Sold Last Month

Median $/sqft

ZIP 90037$516
Los Angeles County$610

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-29Listed for sale$1,749,000
2022-03-01Sold$1,680,000
2021-11-20Pending sale$1,690,000
2020-10-22Sold$575,000
2020-10-01Pending sale$499,999
2020-09-18Listed for sale$499,999

For Sale by Agent

AgentAlison Seong Kim
BrokeragePARTNERS

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