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$1,148,000   Price Analysis
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625 E 49th St
Los Angeles, CA 90011
10 bed 4 bath 3,978 SqFt ($288/SqFt)
5,489SqFt lot. Built 1948
Listed 2024-04-23, Taxes $10,981
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

An investment property is suitable for the owner to liv in and manage.

This is an ex cellent opportunity to own a 4-unit property. Gross rental income of $8403 per month is equipped with 10 bedrooms and 4 bathrooms.

Potential ADU more income. Enough parking space and easy alley access.


Presented by Jay Kang at
Bestway Realty.


Property MLS #PW24080691 from CRMLS

Bedrooms: 10

Appliances: Gas Range
Appliances YN: Yes

Kitchen, Living Room

Full Bathrooms: 4

Heating Features: Central
Heating: Yes

Flooring: Laminate, Tile

Fencing: Fence YN: Yes, Fencing: Barbed Wire
Road Frontage Type: City Street

Lot Description: 0-1 Unit/Acre
Lot Size Acres: 0.1260101
Lot Size Source: Assessor
Lot Size Square Feet: 5489

Garage Spaces: 8
Parking Features: Parking YN: Yes, Parking Features: Assigned
Parking Total: 8

Number of Units: 4
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 3
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Unit-1 Garage Spaces: 2
Unit-2 Garage Spaces: 2
Unit-3 Garage Spaces: 2
Unit-4 Garage Spaces: 2

Calculated Total Monthly Association Fees: 0

Tenant Pays: Electricity, Gas
Rent Control: Yes

Community Features: Urban

Source Listing Status: Active
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 3000.00
Area: C37 - Metropolitan South
Source Neighborhood: C37 - Metropolitan South
Number of Separate Electric Meters: 5
Number of Separate Gas Meters: 4
Number of Separate Water Meters: 1
Parcel Number: 5108009033
Pest Control Expense: 250.00
Postal Code Plus 4: 4048
Professional Management Expense: 1800.00
Zoning: LAR4
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$433,500 + $459,000
$892,500
$10,981
2021$437,991 + $463,755
$901,746
$11,146
2020$433,500 + $459,000
$892,500
$11,254
2019$425,000 + $450,000
$875,000
$10,818
2018$530,000 + $280,000
$810,000
$10,126
2017$309,750 + $128,235
$437,985
$5,660
2016$303,677 + $125,721
$429,398
$5,493
2015$299,116 + $123,833
$422,949
$5,417
2014$293,257 + $121,408
$414,665
$5,458
2013$291,932 + $120,860
$412,792
$5,459
2012$286,208 + $118,491
$404,699
$5,531
2010$280,597 + $116,168
$396,765
$5,531
2009$331,887 + $396,392
$728,279
$9,308
2009$278,500 + $115,300
$393,800
$9,308
2008$325,380 + $388,620
$714,000
$9,615
2007$284,330 + $161,442
$445,772
$5,628

Listed 2024-04-23
$1,148,000
CRMLS
Listing removed 2024-04-04
$0
CRMLS
Relisted 2024-03-13
$1,148,000
CRMLS
Listing removed 2024-03-06
$0
CRMLS
Price Changed 2024-02-05
$1,160,000
CRMLS
Listed 2023-09-21
$1,250,000
CRMLS
Listing removed 2023-08-02
$0
CRMLS
Listed 2022-11-28
$1,250,000
CRMLS
Listing removed 2022-05-04
$0
CRMLS
Listed 2021-11-14
$1,085,000
CRMLS
Sold 2021-03-24
$875,000
Public Record
Sold 2018-10-01
$875,000
CRMLS
Price Changed 2018-06-28
$1,050,000
CRMLS
Listed 2018-05-31
$1,250,000
CRMLS
Listing removed 2018-05-20
$1,250,000
CRMLS
Listing removed 2018-05-19
$1,250,000
CRMLS
Listed 2018-05-18
$1,250,000
CRMLS
Listed 2018-05-11
$1,250,000
CRMLS
Sold 2017-09-29
$571,000
Public Record
Sold 2007-01-10
$700,000
Public Record
Listing removed 2006-08-23
$705,000
ITECH
Listed 2006-02-07
$705,000
ITECH
Sold 2000-04-17
$330,000
Public Record
Sold 1998-04-03
$245,000
Public Record

Net Operating Income: 80668.00

Total Square Feet Living: 3978
Year Built: 1948
Building Features: 1
Common Walls: 1 Common Wall
Construction Materials: Drywall Walls, Stucco
Entry Level: 1
Entry Location: main door
Property Age: 76
Property Attached: Yes
Property Condition: Turnkey
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Quadruplex
Year Built Source: Assessor

Electric: Electricity - On Property
Sewer: Sewer: Public Sewer, Water Sewer Expense: 3200.00
Cable Available
Electricity Connected
Natural Gas Connected
Phone Available
Sewer Connected
Water Connected
Water Source: Public

Forty-Ninth Street Elementary School is a public elementary school located approximately 0.2 miles away.
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George Washington Carver Middle School is a public middle school located approximately 0.4 miles away.
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Nava College Preparatory Academy is a public high school located approximately 1.1 miles away.
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Victory Baptist Day Elementary School is a private elementary, middle and high school located approximately 0.4 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.