Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

4

Building size

2,936 sqft

Lot size

6,602 sqft

Year built

1959

Stories

0

Heating

Wall Furnace

Cooling

None

Status

Active

Days on market

13

MLS #

246152902

About this property

Great investment opportunity in Los Angeles! This 4-unit income property consists of two separate buildings with approximately 2,936 sq. ft. of living area on an approximately 6,600 sq. ft. lot. All four units are currently rented, generating approximately $6,942/month and $83,307 annually in gross rental income. Conveniently located near South Park Recreation Center and the newly improved 49th Street Elementary School, with easy access to Downtown LA, USC, public transportation, and major freeways. Great opportunity for an investor looking for an established income-producing property with long-term upside potential.Seller is a licensed California real estate salesperson. Property sold in its present condition. Please do not disturb occupants.

Location

624 E 49th Street

Los Angeles, Los Angeles, CA, 90011