$ 849,000
-
$849,000
Price -
6
Bed -
4
Bath -
3,000
SqFt
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About the Listing F3188001 - SR207061081
***One of units may be delivered vacant. Seller inteds to update second unit at no cost to buyer.*** E 49th Street presents an exceptional turnkey triplex opportunity in a centrally located pocket near Downtown Los Angeles, ideal for both investors and owner-occupants. The third unit was built completely ground-up within the last year, offering modern construction, updated systems, and long-term peace of mind. The front and middle units have been tastefully remodeled with contemporary finishes and functional layouts leaving a bit of room for some cosmetic updates, creating a clean, well-maintained property where you won’t need to lift a finger on repairs. The property produces strong, reliable rental income, including a few long-term tenants that provide stability and consistent cash flow from day one. The location offers outstanding accessibility and convenience, situated just minutes from Downtown LA, the thriving Arts District, USC, LA Live, Crypto.com Arena, BMO Stadium, Exposition Park, and the Fashion District. The surrounding area continues to experience growth driven by nearby employment hubs along the Alameda Corridor, as well as expanding dining, coffee, brewery, entertainment, and creative business spaces throughout the Arts District. With easy access to the 10, 110, 5, and 101 freeways, commuting throughout Los Angeles is seamless, making this a highly desirable rental location. This is a rare opportunity to acquire a low-maintenance, income-producing asset in a high-demand market with strong long-term upside.
Listing Highlights
Status
Pending
Days on Site
52
Property Type
Multi-Family
MLS ®
SR26031868
Year Built
1910
Total Square Footage
3,000
Lot/Acreage
0.15
County
Los Angeles
Area
C42 - Downtown L.A.
Interior Details
- Bedrooms: 6
- Bathrooms: 4 Full
- Appliances:
- Air Cond: Ductless,Heat Pump
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: 2-5 Units/Acre,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Roof:
- Others: 2+ Total Units
- Sewer: Unknown
- Parking Features: Gated,Paved
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5108009004
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
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Questions About..
687 E 49th Los Angeles, CA 90011
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