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506 E 62nd StreetLos Angeles, CA 90003

For Sale

$700,000

Smart Buyer Rebate $7,000

Excellent opportunity to own two detached homes on one lot in the heart of Los Angeles. Offering approximately 1,966 square feet of living space on a 5,401 square foot lot, this versatile duplex is ideal for investors, multigenerational living, or buyers looking to live in one unit while renting out the other.

The front home features 3 bedrooms and 2 bathrooms, while the rear unit offers 2 bedrooms and 1 bathroom. Both units have their own private parking areas, creating additional convenience and privacy for tenants or owner-occupants alike. The property also features a long driveway, a storage shed in the rear, and a newer roof installed approximately 2 years ago. Inside, you’ll find spacious layouts, updated bathrooms, laminate flooring, and plenty of potential to personalize or improve over time.

Whether you are looking to expand your investment portfolio, generate rental income, or offset your mortgage with additional income, this property offers flexibility and long-term upside potential.

Conveniently located less than 5 miles from SoFi Stadium with easy access to major freeways, shopping, dining, entertainment, and LAX, this property is positioned in an area with strong rental demand and excellent accessibility throughout Los Angeles. The property is zoned LAR2 and consists of two legal units, making it an attractive opportunity for both seasoned and first-time investors.

Listed by Krystopher Benyamein

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License #02071428

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Allstars Realty

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714-588-1017

Listed by Oscar Contreras

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License #02189426

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Allstars Realty

Last updated June 06, 2026

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Source: CRMLS #DW26108194

Listing Facts

  • TypeMulti-family
  • NeighborhoodFlorence
  • Days on Prevu15

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

06/01/2026
Listed by Allstars Realty
$700,000

Property Details for 506 E 62nd Street

Association

Amenities

  • Community Features: Sidewalks

Exterior

Construction

  • Number Of Units Total: 2
  • Stories: 1
  • Stories Total: 1
  • Year Built: 1924
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: Front door

Measurements

  • Building Area Total: 1,966
  • Building Area Units: Square Feet
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Acres: 0.12
  • Lot Size Area: 5,403
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 5,403
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 6006022011

Interior

Features

  • Interior Features: All Bedrooms Down

Other

Location

  • Tax Block: B
  • Tax Lot: 14

Utilities

Equipment

  • Electric: Standard
  • Laundry Features: Washer Hookup, Gas Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 506 E 62nd Street.

How does 506 E 62nd Street compare to other multi-family homes in Florence?

This multi-family home is listed 51% below the average price for multi-family homes in Florence and has been on the market for 92 less days than the typical home in this area.

506 E 62nd Street is a -bedroom multi-family home for sale in Los Angeles CA 90003. Available on Prevu for 15 days at $700,000. This home is located in Florence. The median listing price for multi-family homes in this area is $825,000. The home offers parking. Browse more multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.