624 E 49th Street, Los Angeles, CA 90011
List Price: $825K
Listing Status: Hold
0Days on Market: 0
4 Bedrooms · 4 Bathrooms · 2,936 sq ft
Property Type: ResidentialIncome
Year Built: 1959
Lot Size: 6,602 sq ft
MLS Number: 26873759
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.
Listing provided by: Eric Quiros DRE #00846492 213-500-3680 ericquiros@me.com, Capital Brokers
Source: CRMLS, MLS #: 26873759
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.