624 E 49th Street, Los Angeles, CA 90011
- $825,000
- 4
- BD
- 4
- BA
- 2,936
- SqFt
- List Price
- $825,000
- Status
- ACTIVE
- MLS#
- 26873759
- Year Built
- 1959
- Bedrooms
- 4
- Bathrooms
- 4
- Living Sq. Ft
- 2,936
- Lot Size
- 6,602
- Acres
- 0.15
- Days on Market
- 28
- Property Type
- Multifamily
- Stories
- One Level
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.
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Additional Information
- Heat
- Wall Furnace
- Cooling Description
- None
- Roof
- Composition, Shingle
- Sewer
- Other
- Attached Structure
- Detached
- Number Of Units Total
- 4
Listing courtesy of Listing Agent: Eric Quiros (ericquiros@me.com) from Listing Office: Capital Brokers.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.