1018 W 49th Street, Los Angeles, CA 90037

About this property

*** 6% Cap Rate *** 1018-1020 49th St, is an impeccably rehabbed three unit property located just south of USC. The property features two 3+2 units and one 2+1, all exquisitely upgraded with in-unit washer and dryer hookups. Currently vacant, the owner is in the process of leasing up two of the units, and will leave the largest 3+2 unit (unit 1018) vacant for a potential owner-occupier. This unit also has an attic that may be turned into a 4th bedroom, providing even more space for the owner to live comfortably. Fully leased the asset will deliver a 6% Cap Rate and 12.53 GRM.***Please Contact Us For An OM***

Listing description from the July 2023 sale, as reported to CRMLS.

Sale history

$1,327,500

Sold July 2023 · listed $1,488,000, on market April 2023 · MLS #23262615 · Source: CRMLS

Listing Agent: Kelly Morgan · Listing Office: Houze Real Estate Management · Contact: 323-852-1372 · Bought with: Kelly Morgan · KW Advisors

$602,000

Sold September 2021 · listed $595,000, on market August 2021 · MLS #21773296 · Source: CRMLS

Listing Agent: Arundel Hunter · Listing Office: Keller Williams Inglewood · Bought with: Sondra Quiroz · Keller Williams Inglewood

Explore Los Angeles