4-Bedroom Residential Income - 624 E 49th Street, Los Angeles, CA

$825,000

624 E 49th Street, Los Angeles, CA

624 E 49th Street, Los Angeles, CA 90011 - $825,000 · 4 bd 4 ba Multi-Family Home for Sale, photo 3

624 E 49th Street, Los Angeles, CA 90011 - $825,000 · 4 bd 4 ba Multi-Family Home for Sale, photo 4

624 E 49th Street, Los Angeles, CA 90011 - $825,000 · 4 bd 4 ba Multi-Family Home for Sale, photo 5

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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.

Property details

Bedrooms

Bathrooms

Square feet

2,936

Year built

1959

Property type

Residential Income

Lot size

6,602 sqft

Location

624 E 49th Street • Los Angeles, CA 90011

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Listed by

Eric Quiros · Capital Brokers

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