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$825,000
Listing Price4beds
4baths
2,936sqft
6,600sqft lot
624 E 49th St, Los Angeles, CA 90011
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Full foreclosure details
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
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.
Interior Details
2936
4
4
Has Heating:
No
Heating Type:
N/A
Has Cooling:
Yes
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
6600
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Quadraplex
N/A
N/A
N/A
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$3,817
$155,598
$132,423
--%
$288,021
2019
$3,817
$152,548
$129,827
--%
$282,375
2018
$3,697
$149,557
$127,282
--%
$276,839
2017
$3,621
$146,625
$124,787
--%
$271,412
2016
$3,510
$143,750
$122,341
--%
$266,091
2014
$3,501
$138,818
$118,144
--%
$256,962
2013
$3,501
$138,191
$117,611
--%
$255,802
2012
$3,452
$135,482
$115,305
--%
$250,787
Average Home Price in 90011
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Details for 624 E 49TH ST
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In August 2024, LA’s pre-foreclosures plummeted 50% from July and 60% from last year, suggesting better economic conditions or successful homeowner interventions. Similar trends in San Jose, while SF and SD remain stable. Sacramento shows significant improvement. LA’s efforts stand out. #HousingMarket #LosAngeles
