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.
Property Details
Price:
$825,000
MLS #:
26873759
Status:
Active
Beds:
4
Baths:
4
Type:
Single Family
Neighborhood:
c42downtownla
Listed Date:
Aug 18, 2026
Finished Sq Ft:
2,936
Total Sq Ft:
2,936
Lot Size:
6,602 sqft / 0.15 acres (approx)
Year Built:
1959
See this Listing
Schools
Interior
Cooling
NO
Flooring
LAM, CARP
Heating
WL
Laundry Features
NO
Levels
A
Exterior
Parking Spots
4
Parking Total
4
Roof
CMP, SHN
Financial
Map
Community
- Address624 E 49th ST Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90011
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Aug 24, 2026
8,012
Single Family Listed
85
Avg DOM
430
Avg $ / SqFt
$1,558,813
Avg List Price
Property Summary
- 624 E 49th ST Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90011. It is listed for $825,000 and features 4 beds, 4 baths, and has approximately 2,936 square feet of living space, and was originally constructed in 1959. The current price per square foot is $281. The average price per square foot for Single Family listings in Los Angeles is $430. The average listing price for Single Family in Los Angeles is $1,558,813.
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624 E 49th ST
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