624 E 49th ST, Los Angeles, CA 90011
624 E 49th ST, Los Angeles, CA 90011
624 E 49th ST, Los Angeles, CA 90011
Additional details
Paul Ward

Paul Ward

+1(805) 479-5004
$825,000
Est. payment /mo
4 Beds
4 Baths
2,936 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,936 sqft

Price per Sqft $280

MLS Listing ID 26873759

Bedrooms 4

HOA Y/N No

Year Built 1959

Lot Size 6,603 Sqft

Property Description

Great investment opportunity in Los Angeles! This 4-unit income property consists of two separate buildings with approximately 2,936 sq. ft. of living area on an approximately 6,600 sq. ft. lot. All four units are currently rented, generating approximately $6,942/month and $83,307 annually in gross rental income. Conveniently located near South Park Recreation Center and the newly improved 49th Street Elementary School, with easy access to Downtown LA, USC, public transportation, and major freeways. Great opportunity for an investor looking for an established income-producing property with long-term upside potential.Seller is a licensed California real estate salesperson. Property sold in its present condition. Please do not disturb occupants.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Zoning LAR2

Interior

Heating Wall Furnace

Cooling None

Flooring Carpet, Laminate

Fireplace No

Laundry None

Exterior

Parking Features None

Roof Type Composition,Shingle

Total Parking Spaces 4

Building

Entry Level One

Sewer Other

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5108011014

Special Listing Condition Standard

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Listed by Eric Quiros Capital Brokers #00846492

Nearby School & Business

Paul Ward
Paul Ward

Broker Associate | License ID: 01354001

+1(805) 479-5004 | paul@homeandranchteam.com

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