538 West 49th Street

Los Angeles, CA 90037

$2,495,000
Price
20
Beds
19
Baths
8,896 Sq. Ft.
$280 / Sq. Ft.
8,896
Sq. Ft.
$280
per Sq. Ft.
  1. Listed by Sean Namigohar • DRE #01949705 • Brokerage DRE #01399621 • Lyon Stahl Investment Real Estate, Inc.

Property Details for 538 West 49th Street

Zoning
LARD2
Parcel Number
5018025021
Total Units
19.0
Living Area
8896
Source Living Area
Estimated
Area
Downtown L.A. (C42)
Vacancy Rate
5%
Lot Size Area
13591
LISTING UPDATED: 10/28/2024 12:01 AM

Property Details for 538 West 49th Street

StatusActive
MLS #24-455003
Days on Market33
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1926
Lot Size0.31 AC / 13,591 SF
CountyLos Angeles County

Building Information for 538 West 49th Street

Stories1Residences-Year Built1926Building Size-Lot Size0.31 AC / 13,591 SF

Property Information for 538 West 49th Street

Community / Development
Community / Development
  • Number Of Units: 19
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 6
  • Type Of Units: Apartment
Contract Info
Contract Info
  • Disclosures: Affordable Housing Qualified, As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $217,598
  • Net Operating Income: $137,471.00
  • Gross Income: $224,328
  • Cap Rate: 5.51%
  • Gross Rent Multiplier: $11.10
  • Total Annual Expense: 80126
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.156
  • Lot Size Square Feet: 13591
Parking Details
Parking Details
  • Parking Garage: None
  • Total Parking: 0
  • Parking Features: None
Interior Features
Interior Features
  • Levels: One
  • Cooling Type: Wall Unit(s)
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 10-21-2024
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $939.00
  • Unit Actual Rent: $17,846.00
  • Unit Projected Rent: $36,000.00
  • Like Units: 18
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $723.00
  • Unit Actual Rent: $723.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $80,413.00
  • Assessed Improvement Percent: 8.57
  • Assessed Land Value: $857,760.00
  • Assessed Land Percent: 91.43
  • Assessed Total Value: $938,173.00

Property History for 538 West 49th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 538 West 49th Street

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

John Muir Middle School
Public6 to 8

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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538 West 49th Street is a multi-family home for sale in Los Angeles, CA 90037. This property was listed for sale on October 20, 2024 by Lyon Stahl Investment Real Estate, Inc., it's currently listed at $2,495,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Fifty-Second Street Elementary School, John Muir Middle School and Augustus F. Hawkins High A Critical Design And Gaming. 538 West 49th Street is a 20-bed, 19-bath, 8,896 sqft multi-family home built in 1926.

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 Lyon Stahl Investment Real Estate, Inc., Sean Namigohar, DRE #01949705

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.