624 E 49th ST, Los Angeles, CA 90011
624 E 49th ST, Los Angeles, CA 90011
624 E 49th ST, Los Angeles, CA 90011
624 E 49th ST, Los Angeles, CA 90011
624 E 49th ST, Los Angeles, CA 90011
624 E 49th ST, Los Angeles, CA 90011
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Ruby Raymond

Ruby Raymond

+1(805) 201-6341
$ 825,000
Est. payment | /mo

4 Beds

4 Baths

2,936 SqFt

Save
$ 825,000
Est. payment | /mo
Save

4 Beds

4 Baths

2,936 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,936 sqft

Price per Sqft $280

MLS Listing ID 26873759

Bedrooms 4

HOA Y/N No

Year Built 1959

Lot Size 6,603 Sqft

Property 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.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Zoning LAR2

Interior

Heating Wall Furnace

Cooling None

Flooring Carpet, Laminate

Fireplace No

Laundry None

Exterior

Parking Features None

Roof Type Composition,Shingle

Total Parking Spaces 4

Building

Entry Level One

Sewer Other

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5108011014

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Eric Quiros Capital Brokers #00846492

NEARBY SCHOOL & BUSINESS

REVIEWS

Ximena Ames Nugent

Professional & Paid Attention to My Needs

I am very impressed with the professionalism of this team! They worked very hard with terrific attention to details and respect for my needs. I would highly recommend Ruby and Patrick as they are knowledgeable, and dedicated to their clients.

Jeff M

Purchase

Ruby and the Raymond Team were great. We're in our new home right now writing this. Ruby helped make this happen and if you are looking for a home in the 5 Cities area I suggest you give Ruby a call. Thanks Ruby, SM

RonSteinback

The broker that everyone hopes to hire!

Patrick listed and sold two properties for me this year, and I intend to use him on a third transaction. Patrick is responsive and knows the local area. I am a broker myself, but located in southern California. Patrick is the broker that everyone hopes to hire!

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How Does The Raymond Team Deliver Exceptional Real Estate Service?

Expert Guidance

We educate you on the market and guide you to the best best decision about your move.

Proven Systems

Over 23 years of real estate experience  has helped us perfect our results-driven buying and selling systems.

Results Driven

We listen, we communicate, and we track every step of the process to ensure a seamleass transaction.

Ruby Raymond
Ruby Raymond

Broker Associate | License ID: 01342959

+1(805) 201-6341 | homes@raymondteamre.com

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By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Ruby Raymond, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.