1063 East 49th Place

Los Angeles, CA 90011

$1,200,000
Price
8
Beds
4
Baths
3,321 Sq. Ft.
$361 / Sq. Ft.
3,321
Sq. Ft.
$361
per Sq. Ft.

Description

Come check out this beautiful Los Angeles Quadplex located in Central Alameda just minutes away from the Crypto Arena, USC, the Fashion District and so much more. Each unit has a mix consisting of 2 bed 1 bath with laundry hook-ups. There are approximately 10 parking spaces accompanied with an additional driveway that is currently leased out for parking and storage. The driveway is perfect for an ADU or a Commercial/Mixed use redevelopment. This property is C2-Zoned with a square foot of 3,321 and...Come check out this beautiful Los Angeles Quadplex located in Central Alameda just minutes away from the Crypto Arena, USC, the Fashion District and so much more. Each unit has a mix consisting of 2 bed 1 bath with laundry hook-ups. There are approximately 10 parking spaces accompanied with an additional driveway that is currently leased out for parking and storage. The driveway is perfect for an ADU or a Commercial/Mixed use redevelopment. This property is C2-Zoned with a square foot of 3,321 and 5,912 lot.
  1. Listed by Jacob Avery • DRE #02104050 • Brokerage DRE #02105397 • RE/MAX New Dimension • 310-617-4308

Property Details for 1063 East 49th Place

Parking Spaces Total
0
Private Pool
No
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3321
Assessor Parcel Number
5108-018-026
Property Attached YN
true
LISTING UPDATED: 12/13/2024 10:41 AM

Property Details for 1063 East 49th Place

StatusActive
MLS #PW24249491
Days on Market4
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1922
Lot Size0.14 AC / 5,912 SF
CountyLos Angeles County

Building Information for 1063 East 49th Place

Stories2Residences-Year Built1922Building Size-Lot Size0.14 AC / 5,912 SF

Property Information for 1063 East 49th Place

Income / Expense / Tax Details
Income Details
  • Gross Income: $75,131
  • Gross Scheduled Income: $75,131
  • Net Operating Income: $49,833
Expense Details
  • Operating Expense: $21,541
  • Insurance Expense: $1,899
  • Trash Expense: $800
  • Water Sewer Expense: $800
  • Total Expenses: $21,541
Tax / Assessment Info
  • Tax Block: A
  • Tax Tract Number: 0
  • Tax Census Tract: 2292.00
  • CFD/Mello-Roos Fee: $586
  • Tax Lot: 5
Community / Development
Community / Development
  • Community Features: Curbs, Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Heating Type: Wall
  • Heating: Wall Furnace
Exterior Features
  • Entry Location: 4
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: None
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Carport, Driveway
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Carport, Driveway
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,220
  • Unit Type Total Rent: $2,220
  • Unit Type Pro Forma: 2502
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,352
  • Unit Type Total Rent: $1,352
  • Unit Type Pro Forma: 2502
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,560
  • Unit Type Total Rent: $1,560
  • Unit Type Pro Forma: 2502
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,248
  • Unit Type Total Rent: $1,248
  • Unit Type Pro Forma: 2502
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4

Property History for 1063 East 49th Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1063 East 49th Place

Taxable ValueLand$676,260Additions$350,614Total$1,026,874
Tax Record2024$12,906 ($1,075 / month)
Home Facts
Total Finished SqFt3,321 SqFtAbove Grade Finished SqFt3,321 SqFtLot Size5,912 SqFtStyleQuadraplexYear Built1922ZoningLAC2CountyLOS ANGELESAPN5108-018-026

Schools near 1063 East 49th Place

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Forty-Ninth Street Elementary School
PublicK to 5

Nava College Preparatory Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1063 East 49th Place is a multi-family home for sale in Los Angeles, CA 90011. This property was listed for sale on December 11, 2024 by RE/MAX New Dimension, it's currently listed at $1,200,000. It has been on the market for a total of 4 days and was last sold on June 30, 2022. This listing's school district is Los Angeles Unified School District. Nearby schools include Forty-Ninth Street Elementary School, Alliance College-Ready Middle Academy No. 12 and Social Justice Schools: Fine Arts Academy At Dr. Maya Angelou Community High. 1063 East 49th Place is a 8-bed, 4-bath, 3,321 sqft multi-family home built in 1922.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX New Dimension, Jacob Avery, DRE #02104050

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.