624 E 49th Street
Property Overview
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.
Home Details
- Property type
- Residential Income
- Year built
- 1959
- Living area
- 2,936 sq ft
- Lot size
- 6,602 sq ft
- Parking
- 4 spaces
- Days on market
- 13
- MLS status
- Active
- Zoning
- LAR2
Features & Amenities
Parking
- None
Community, Schools & Utilities
Utilities
- Heating
- WallFurnace
- Cooling
- None
- Sewer
- Other
Location & Neighborhood
Frequently Asked Questions About 624 E 49th Street
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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