7-Plex
625 E 50th St · Los Angeles, CA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $659 – $1,223
Heat risk 5/10 · Moderate
- Hot days now (above 91°F)
- 7 days/yr
- Hot days in 30 yrs
- 22 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 5/10 · Moderate
- Unhealthy air days now
- 7 days/yr
- Unhealthy air days in 30 yrs
- 7 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the B- grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +27.3/30.0
- ARV discount +15.0/15.0
- DSCR +9.5/10.0
- 1% rule +7.0/10.0
- Schools +3.6/10.0
- Livability +3.4/5.0
- Condition / age +2.5/5.0
- Rent growth +0.5/5.0
- Appreciation +0.0/10.0
$850,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Multi-family units
County records classify this as Multi-Family (5+ Unit). Listing-text estimate: 7 units. confirmed
5+ unit building — per-unit beds/baths from public records are typically unavailable; the breakdown below (if shown) is an estimate from the listing text.
Listing remarks MLS
We are pleased to present 625 E 50th Street, a value add 7-unit investment opportunity with approximately 99% rental upside in South Los Angeles, CA. The property is comprised of two detached structures totaling 4,242 SF with a unit mix of all (7) 1 bed / 1 Bath units. The property will be delivered fully occupied with a gross monthly income of $6,548, or $78,577 annually. The opportunity will yield a savvy investor with a low basis ($121,429 per unit) with huge upside potential (approx. 99%). 625 E 50th Street is centrally located just east of Avalon Boulevard , South Park Recreation Center, and the 110 freeway with easy access to Downtown LA, South Bay, USC, LAX, and SoFi Stadium. South Los Angeles has seen significant growth over the past several years due to its relative housing affordability and convenient proximity to Downtown Los Angeles, Sofi Stadium, USC, Culver City, and South Bay. Rents in South LA have grown significantly over the past few years with average 1-bedroom market rents reaching $1,800-$2,100 and HACLA vouchers currently at $2,289. With low vacancy rates, landlord-favored market conditions, and numerous employment options nearby, South LA is poised for significant long-term growth.
Key facts
- Proximity to usc
- Centrally located
- Proximity to lax
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 7 × 1-bed/1-bath units multifamily listed at $850k.
Deal economics
- At list price, monthly cash flow is $2k ($30k/yr) — positive. Per door: $353/mo.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($10k rent vs $850k).
- Recommended offer: $748k (12.0% below list) — sets the bar for market timing.
- Cap rate 9.8% vs local median 2.1% in Los Angeles — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 68/100 on livability (#273 in CA) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, employment B; Watch: health & safety C-, schools D+, crime F.
- Los Angeles Unified (urban): math 29% / reading 54% proficiency, ranked #223 of 517 in CA (top 43%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 67% free/reduced lunch — lower-income household profile, screen leases tightly.
- Market conditions: Rents falling (-8.2%/yr); 126 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 19,697 units permitted in Los Angeles County in 2024 (9,426 in 5+ unit buildings).
- At $10,205/mo this rent would consume 207% of the median local household income ($59k/yr) (locally 5930% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $6k of loan paydown is wiped out by about $26k of value loss. Plan a longer hold.
- Los Angeles County population projected at +9% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
Negotiation context
- It's been on market 128 days — a 12% lower offer ($748k) is reasonable based on typical stale-listing flexibility.
- 4 sale attempts since 12y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
- Current owner paid $590k; 44% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Risks & watch-outs
- Watch-outs: built in 1925 — expect roof / HVAC / electrical / plumbing capex.
- Climate carrying-cost: extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 128 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
- What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
- Built in 1925 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 1.20% ✓
- Cap rate
- 9.78%
- Cash-on-cash
- 12.46%
- DSCR
- 1.55
- GRM
- 6.9
CMA / ARV
- ARV (median comp)
- $1,048,466
- List price
- $850,000
- Delta
- -18.93%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 4 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 654 E 50th St | 0.04mi | 5/3.0 (+1) | 2,599 (-13%) | 19mo | $870,000 | $335 | 52 |
| 146 E 45th St | 0.59mi | 4/3.0 | 2,724 (-8%) | 3mo | $520,000 | $191 | 52 |
| 456 E 43rd Pl | 0.48mi | 5/4.0 (+1) | 2,640 (-11%) | 3mo | $935,000 | $354 | 51 |
| 4245 Wall St | 0.72mi | 5/4.5 (+1) | 2,954 (-1%) | 10mo | $810,000 | $274 | 50 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 0.0% rent growth · sell at horizon
- IRR
- -1.2%
- Equity multiple
- 0.96×
- Total profit
- $-10,225
- Equity at exit
- $126,738
- IRR
- 5.1%
- Equity multiple
- 1.33×
- Total profit
- $78,163
- Equity at exit
- $73,492
Cash invested: $238,000 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (CITY)
- 0 Strongly Tenant-Friendly
- State California
- 18 Strongly Tenant-Friendly · D+13
- County
- — inherits STATE
- City Los Angeles
- 0 Strongly Tenant-Friendly · D+22
ZIP-level market 90011
- Rents YoY
- -8.2%
- Active inventory
- 126
- Price-to-rent
- 48.6×
Monthly cashflow live
- Estimated rent
- $10,205 high interval (Pro) →
- Mortgage (P&I)
- −$4,457
- Tax from tax record
- −$778 /mo · $9,340/yr
- Insurance
- −$354
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$2,143
- Net cashflow
- $2,472
Break-even live
Sensitivity live
| Price | -10% $2,953 | -5% $2,713 | +0% $2,472 | +5% $2,231 | +10% $1,991 |
|---|---|---|---|---|---|
| Rent | -10% $1,666 | -5% $2,069 | +0% $2,472 | +5% $2,875 | +10% $3,278 |
| Rate | -1.0pp $2,900 | -0.5pp $2,688 | base $2,472 | +0.5pp $2,252 | +1.0pp $2,028 |
7-unit breakdown (identical units grouped — click to expand)
| Units | Beds | Baths | Est. rent |
|---|---|---|---|
| 7× units | 1 | 1 | $10,206 |
| #1 | 1 | 1 | $1,458 |
| #2 | 1 | 1 | $1,458 |
| #3 | 1 | 1 | $1,458 |
| #4 | 1 | 1 | $1,458 |
| #5 | 1 | 1 | $1,458 |
| #6 | 1 | 1 | $1,458 |
| #7 | 1 | 1 | $1,458 |
| Total (7 units) | $10,205 | ||
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $212,500
- Closing costs
- $25,500
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 9 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1011 56th St Los Angeles, CA | 5.0 | 3.0 | 1993 | $4,200 | $2.11 | 44d | 1 | 0.55mi |
| 213 W 43rd St Los Angeles, CA | 5.0 | 4.0 | 2302 | $4,200 | $1.82 | 4d | 1 | 0.90mi |
| 232 E Gage Ave Los Angeles, CA | 5.0 | 5.5 | 2000 | $4,500 | $2.25 | 25d | 1 | 1.15mi |
| 6323 S San Pedro St Los Angeles, CA | 4.0 | 2.0 | 2800 | $3,600 | $1.29 | 44d | 1 | 1.16mi |
| 839 E 32nd St Los Angeles, CA | 5.0 | 4.0 | 2150 | $4,000 | $1.86 | 16d | 1 | 1.25mi |
| 839 E 32nd St Unit 32(841) Los Angeles, CA | 5.0 | 4.0 | 2150 | $4,000 | $1.86 | 25d | 1 | 1.25mi |
| 605 1/2 W 41st Pl Los Angeles, CA | 4.0 | 4.5 | 1950 | $3,900 | $2.00 | 24d | 1 | 1.35mi |
| 715 W 58th St Los Angeles, CA | 5.0 | 3.0 | 3500 | $4,000 | $1.14 | 25d | 1 | 1.39mi |
| 1635 E 33rd St Los Angeles, CA | 5.0 | 4.0 | 3000 | $750 | $0.25 | 25d | 1 | 1.44mi |
Listing history 27 events
-
2026-06-18days on market $850,000 Active 128 DOM
-
2026-06-17days on market $850,000 Active 127 DOM
-
2026-06-16days on market $850,000 Active 126 DOM
-
2026-06-15days on market $850,000 Active 125 DOM
-
2026-06-13days on market $850,000 Active 123 DOM
-
2026-06-09days on market $850,000 Active 119 DOM
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2026-06-08days on market $850,000 Active 118 DOM
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2026-06-07days on market $850,000 Active 117 DOM
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2026-06-04days on market $850,000 Active 114 DOM
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2026-06-03days on market $850,000 Active 113 DOM
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2026-06-02days on market $850,000 Active 112 DOM
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2026-06-01days on market $850,000 Active 111 DOM
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2026-05-31days on market $850,000 Active 110 DOM
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2026-02-10$850,000 Active 1224-char remark
Show marketing remark (1224 chars)
We are pleased to present 625 E 50th Street, a value add 7-unit investment opportunity with approximately 99% rental upside in South Los Angeles, CA. The property is comprised of two detached structures totaling 4,242 SF with a unit mix of all (7) 1 bed / 1 Bath units. The property will be delivered fully occupied with a gross monthly income of $6,548, or $78,577 annually. The opportunity will yield a savvy investor with a low basis ($121,429 per unit) with huge upside potential (approx. 99%). 625 E 50th Street is centrally located just east of Avalon Boulevard , South Park Recreation Center, and the 110 freeway with easy access to Downtown LA, South Bay, USC, LAX, and SoFi Stadium. South Los Angeles has seen significant growth over the past several years due to its relative housing affordability and convenient proximity to Downtown Los Angeles, Sofi Stadium, USC, Culver City, and South Bay. Rents in South LA have grown significantly over the past few years with average 1-bedroom market rents reaching $1,800-$2,100 and HACLA vouchers currently at $2,289. With low vacancy rates, landlord-favored market conditions, and numerous employment options nearby, South LA is poised for significant long-term growth.
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2015-08-11soldstatus $590,000
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2015-01-06soldstatus $450,000 Closed 758-char remark
Show marketing remark (758 chars)
We are pleased to offer for sale this seven unit multifamily investment opportunity located in the City of Los Angeles (subject torent control). The subject property was constructed in 1925 of wood frame/stucco on a raised foundation and is situated on a 6,621 squarefoot lot, which is secured with a chain link gate. The unit mix consists of one (1) Single and six (6) 1+1. Property upgrades include updatedaluminum windows. There are individual water heaters and each building is separately metered for gas and electricity. The subject property islocated South of Vernon Avenue, North of Slauson Avenue, East of Avalon Boulevard and West of McKinley Avenue. It is in close proximity toSouth Park, 49th Street Elementary, Maya Angelou Community High School.
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2015-01-02soldstatus $450,000
-
2014-12-17status Pending 758-char remark
Show marketing remark (758 chars)
We are pleased to offer for sale this seven unit multifamily investment opportunity located in the City of Los Angeles (subject torent control). The subject property was constructed in 1925 of wood frame/stucco on a raised foundation and is situated on a 6,621 squarefoot lot, which is secured with a chain link gate. The unit mix consists of one (1) Single and six (6) 1+1. Property upgrades include updatedaluminum windows. There are individual water heaters and each building is separately metered for gas and electricity. The subject property islocated South of Vernon Avenue, North of Slauson Avenue, East of Avalon Boulevard and West of McKinley Avenue. It is in close proximity toSouth Park, 49th Street Elementary, Maya Angelou Community High School.
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2014-12-12$450,000 Active 758-char remark
Show marketing remark (758 chars)
We are pleased to offer for sale this seven unit multifamily investment opportunity located in the City of Los Angeles (subject torent control). The subject property was constructed in 1925 of wood frame/stucco on a raised foundation and is situated on a 6,621 squarefoot lot, which is secured with a chain link gate. The unit mix consists of one (1) Single and six (6) 1+1. Property upgrades include updatedaluminum windows. There are individual water heaters and each building is separately metered for gas and electricity. The subject property islocated South of Vernon Avenue, North of Slauson Avenue, East of Avalon Boulevard and West of McKinley Avenue. It is in close proximity toSouth Park, 49th Street Elementary, Maya Angelou Community High School.
-
2014-12-12price
Show marketing remark (758 chars)
We are pleased to offer for sale this seven unit multifamily investment opportunity located in the City of Los Angeles (subject torent control). The subject property was constructed in 1925 of wood frame/stucco on a raised foundation and is situated on a 6,621 squarefoot lot, which is secured with a chain link gate. The unit mix consists of one (1) Single and six (6) 1+1. Property upgrades include updatedaluminum windows. There are individual water heaters and each building is separately metered for gas and electricity. The subject property islocated South of Vernon Avenue, North of Slauson Avenue, East of Avalon Boulevard and West of McKinley Avenue. It is in close proximity toSouth Park, 49th Street Elementary, Maya Angelou Community High School.
-
2014-12-12historical Cancelled
Show marketing remark (758 chars)
We are pleased to offer for sale this seven unit multifamily investment opportunity located in the City of Los Angeles (subject torent control). The subject property was constructed in 1925 of wood frame/stucco on a raised foundation and is situated on a 6,621 squarefoot lot, which is secured with a chain link gate. The unit mix consists of one (1) Single and six (6) 1+1. Property upgrades include updatedaluminum windows. There are individual water heaters and each building is separately metered for gas and electricity. The subject property islocated South of Vernon Avenue, North of Slauson Avenue, East of Avalon Boulevard and West of McKinley Avenue. It is in close proximity toSouth Park, 49th Street Elementary, Maya Angelou Community High School.
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2014-09-29status Active
-
2014-09-29price
-
2014-09-02status Pending
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2014-08-19Active
-
2012-08-07soldstatus $302,500
-
1986-07-29soldstatus $138,000
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast CA · Resets to sale price
- Current annual tax
- $9,340 · $778/mo
- Projected year-2 tax
- $9,340 · $778/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 5/10 Major 7 d/yr ≥91°F today · 22 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 5/10 Major 7 unhealthy d/yr today · 7 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $122,460
- − Mortgage interest
- −$47,613
- − Property taxes
- −$9,340
- − Insurance
- −$4,250
- − Repairs & maintenance
- −$9,797
- − Management
- −$9,797
- − Depreciation
- −$24,727
- Taxable income
- $16,936
- Est. tax owed @ 24.0%
- −$4,065
- After-tax cash flow
- $25,599/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Los Angeles Unified
- NCES district ID
- 0622710
- Math proficiency
- 29% ▼ -4.00%
- Reading proficiency
- 54% ▲ 10.00%
- Median HH income
- $50,403
- Composite
- 35.67/100
- National rank
- #4875
- State rank
- #223 of 517 in CA
Livability — Los Angeles
- Score
- 68/100
- State rank
- #273
- US rank
- #9237
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Los Angeles, CA
- County
- Los Angeles County · 9,444,647 people
- City population
- 3,838,149
- Metro
- Los Angeles-Long Beach-Anaheim, CA
- Population (ZIP)
- 100,113
- Household income
- $59,017
- Rent vs Own
- Severe rent burden
- 5930.0
Population outlook (Los Angeles County) Hauer SSP2
- Today (2025)
- 10,940,515 people
- By 2030
- 11,256,481 · +2.9%
- By 2040
- 11,729,929 · +7.2%
- By 2050
- 11,948,407 · +9.2%
- By 2075
- 11,818,114 · +8.0%
- By 2100
- 10,842,928 · -0.9%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly Hispanic (92%)
- Race & ethnicity
- Hispanic / Latino 92% Two or more races 26% Black 6% Native American 2%
- Hispanic origin (detail)
- Mexican 67%
- Foreign-born
- 45% · Canada, South Korea
- Languages at home
- 13% English-only · Spanish 86%
Political lean MEDSL · Los Angeles
- 2024 margin
- Solid D (+32.9) · D 64.8% · R 31.9% · Other 3.3%
- 2008→2024 swing
- -7.4pp toward R · 2008: 40.4pp · 2024: 32.9pp
- All cycles
- 2024: D+32.9 2020: D+44.2 2016: D+48.0 2012: D+40.0 2008: D+40.4
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -636.62%
- Current HPI
- 477.6496
- Rent YoY
- ▼ -8.20%
- Metro
- Los Angeles-Long Beach-Anaheim, CA
- State GDP YoY
- ▲ 3.21%
- F500 in state
- 116
Industry mix (Fortune 500 HQ in CA)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Technology | 27 | $1,492B |
|
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| Financial Services | 3 | $174B |
|
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| Retail | 3 | $44B |
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| Insurance | 3 | $26B |
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| Media / Entertainment | 2 | $115B |
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| Pharmaceuticals / Biotech | 2 | $62B |
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Price history
+515.9% since first listed14 events — show timeline
- 2026-02-10 Listed $850,000 TheMLS
- 2015-08-11 Sold (Public Records) $590,000 Public Records
- 2015-01-06 Sold (MLS) $450,000 TheMLS
- 2015-01-02 Sold (Public Records) $450,000 Public Records
- 2014-12-17 Pending — TheMLS
- 2014-12-12 Listed $450,000 TheMLS
- 2014-12-12 Price Changed — TheMLS
- 2014-12-12 Delisted — TheMLS
- 2014-09-29 Relisted — TheMLS
- 2014-09-29 Price Changed — TheMLS
- 2014-09-02 Pending — TheMLS
- 2014-08-19 Listed — TheMLS
- 2012-08-07 Sold (Public Records) $302,500 Public Records
- 1986-07-29 Sold (Public Records) $138,000 Public Records
Property tax history
+12.6%/yrLatest (2025): $9,340 · +1.4% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…