1063 E 49th Place,Los Angeles, CA 90011
Los Angeles, CA 90011
Description
Rare Los Angeles Fourplex - One Unit Delivered Vacant! Rare opportunity to own a well-maintained four-unit income property in Los Angeles with income today and flexibility from day one. Three units are currently tenant occupied and producing rent, while a spacious 2-bedroom, 2-bath unit is vacant - giving the new owner options no fully-occupied fourplex can offer. Lease it at current market rent, move in, or upgrade and maximize income - the choice is yours. And because this is a 2-4 unit property, owner-occupant buyers may qualify for low-down-payment financing not available on larger investment buildings (buyer to verify with lender). Live in one, and let three rental units help carry the payment. The property also features ample on-site parking, including a large parking pad plus a separate fully paved bonus parking lot - a rare and valuable feature for Los Angeles multifamily, and a real advantage when leasing. Set on a generous 5,914 sq ft lot with convenient access to shopping, dining, public transportation, major freeways, and employment centers throughout Los Angeles. 4 units · 8 bedrooms · 4 baths · 3,321 sq ft · 5,914 sq ft lot · Built 1922 · Offered at $1,200,000 Three units leased. One unit vacant. One rare chance. Showings available now - call today.
Details
| MLS # | PW26148828 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1922 |
| Days On Site | 102 |
| Listing Provided By | eXp Realty of California Inc | Jeff Anderson |
Features
| SQ Feet | 3,321 |
|---|---|
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 1 |
| Acreage | 0.14 |
Exterior
| Lot Features | Near Public Transit |
|---|
Parking
| Parking Features | Driveway, Paved |
|---|---|
| Garage Yes / No | No |
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90011 |
| Area | C42 Downtown L.A. |
| Listing VS Median (in 90011) | |
Price: $1,200,000 low | high Med: $799,000 sqft: 3,321 low | high Med: 2,476 $ / sqft: $361 low | high Med: $323 On site: 102 low | high Med: 33 | |
Market Activity 90011
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90011 |
| Area | C42 Downtown L.A. |
| Listing VS Median (in 90011) | |
Price: $1,200,000 low | high Med: $799,000 sqft: 3,321 low | high Med: 2,476 $ / sqft: $361 low | high Med: $323 On site: 102 low | high Med: 33 | |
 | $1,200,0001063 E 49th PlaceLos Angeles, CA 90011 |
 | $1,059,0001141 East 50th StreetLos Angeles, CA 90011 |