625 East 49th Street

Los Angeles, CA 90011

$1,148,000
Price
10
Beds
4
Baths
3,978 Sq. Ft.
$289 / Sq. Ft.
3,978
Sq. Ft.
$289
per Sq. Ft.

Description

An investment property is suitable for the owner to live in and manage. This is an excellent opportunity to own a 4-unit property. Gross rental income of $8403 per month is equipped with 10 bedrooms and 4 bathrooms. Potential ADU more income. Enough parking space and easy alley access.An investment property is suitable for the owner to live in and manage. This is an excellent opportunity to own a 4-unit property. Gross rental income of $8403 per month is equipped with 10 bedrooms and 4 bathrooms. Potential ADU more income. Enough parking space and easy alley access.
  1. Listed by Jay Kang • DRE #01888004 • Brokerage DRE #01875092 • Bestway Realty • 213-923-6689

Property Details for 625 East 49th Street

View
None
Parking Spaces Total
8
Private Pool
No
Cooling Type
N/K
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3978
LISTING UPDATED: 07/27/2024 10:16 PM

Property Details for 625 East 49th Street

StatusActive
MLS #PW24080691
Days on Market238
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1948
Lot Size0.13 AC / 5,489 SF
CountyLos Angeles County

Building Information for 625 East 49th Street

Stories2Residences-Year Built1948Building Size-Lot Size0.13 AC / 5,489 SF

Property Information for 625 East 49th Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $100,836
  • Gross Scheduled Income: $100,836
  • Net Operating Income: $80,668
  • Current Financing: Conventional
Expense Details
  • Operating Expense: $20,167
  • Operating Expense Percent: 20.00%
  • Pest Control Expense: $250
  • Electric Expense: $0
  • Insurance Expense: $3,000
  • Professional Management Expense: $1,800
  • Workmans Compensation Expense: $3,800
  • Trash Expense: $0
  • Water Sewer Expense: $3,200
  • Total Expenses: $12,050
Tax / Assessment Info
  • Tax Block: B
  • Tax Tract Number: 033
  • Tax Census Tract: 2292.00
  • CFD/Mello-Roos Fee: $588
  • Tax Lot: 58
Community / Development
Community / Development
  • Accessibility Features: See Remarks
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Urban
Property / Structure Info
Interior Features
  • Appliances: Gas Range
  • Equipment: None
  • Room Type: Kitchen, Living Room
  • Laundry: No
  • Laundry Features: None
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Central
  • Heating: Central
  • Flooring: Laminate, Tile
Exterior Features
  • Construction Materials: Drywall Walls, Stucco
  • Exterior Construction: Stucco
  • Exterior: Stucco
  • Roof: See Remarks
  • Entry Location: main door
  • Fence: Yes
  • Fence: Barbed Wire
  • Fencing: Barbed Wire
  • Foundation Details: See Remarks
  • Property Condition: Turnkey
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Frontage Type: City Street
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Electric: Electricity - On Property
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Assigned
  • Uncovered Spaces: 6
  • Open Other Spaces Total: 6
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: Assigned
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,059
  • Unit Type Total Rent: $2,059
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,872
  • Unit Type Total Rent: $1,872
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,392
  • Unit Type Total Rent: $2,392
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,080
  • Unit Type Total Rent: $2,080
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 625 East 49th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 625 East 49th Street

Taxable ValueLand$477,543Additions$451,013Total$928,556
Tax Record2024$11,728 ($977 / month)
Home Facts
Total Finished SqFt3,978 SqFtAbove Grade Finished SqFt3,978 SqFtLot Size5,489 SqFtStyleQuadraplexYear Built1948ZoningLAR4CountyLOS ANGELESAPN5108-009-033

Schools near 625 East 49th Street

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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625 East 49th Street is a multi-family home for sale in Los Angeles, CA 90011. This property was listed for sale on April 22, 2024 by Bestway Realty, it's currently listed at $1,148,000. It has been on the market for a total of 238 days and was last sold on March 8, 2021. 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. 625 East 49th Street is a 10-bed, 4-bath, 3,978 sqft multi-family home built in 1948.

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 Bestway Realty, Jay Kang, DRE #01888004

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.