James Nagorski - Coldwell Banker Commercial Real Estate Solutions Logo
$825,000
 $4,429 est/mo Sourced by Back At You

624 E 49th Street,Los Angeles, CA 90011

Los Angeles, CA 90011

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Description

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.

Details

MLS #26873759
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1959
Days On Site56
Listing Provided ByCapital Brokers | Eric Quiros

Features

Bed(s)4
Bath(s)4
SQ Feet2,936
Story(s)1
Units4
Building(s)1
ZoningLAR2
Acreage0.15

Interior

CoolingNone
HeatingWall Furnace
Heating Yes / NoYes
Cooling Yes / NoNo

Exterior

RoofComposition, Shingle

Parking

Parking FeaturesNone

Utilities

SewerOther

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90011
AreaC42 Downtown L.A.
Listing VS Median (in 90011)
Price:
$825,000
low | high
Med:
$1,000,000
28.787878787879% of Average
sqft:
2,936
low | high
Med:
2,000
81.880108991826% of Average
$ / sqft:
$281
low | high
Med:
$500
27.939393939394% of Average
On site:
56
low | high
Med:
56
100% of Average
Sourced by Back At You

Market Activity 90011

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Contact

Learn More About This Property

James Nagorski

James Nagorski

Coldwell Banker Commercial

02248064 (805) 538-3393james.nagorski@cbcinland.com
StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90011
AreaC42 Downtown L.A.
Listing VS Median (in 90011)
Price:
$825,000
low | high
Med:
$1,000,000
28.787878787879% of Average
sqft:
2,936
low | high
Med:
2,000
81.880108991826% of Average
$ / sqft:
$281
low | high
Med:
$500
27.939393939394% of Average
On site:
56
low | high
Med:
56
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $618K - $1.31M
sqft: 2,000 - 3,500
Nearby Listings Property ImageNearby Listings Details
724 E 50th Property Photo 1
$725,000
724 E 50th
Los Angeles, CA 90011
Listing Updated: September 28, 2026 at 8:17:33 PM PDT

James Nagorski - Coldwell Banker Commercial Real Estate Solutions