***One of units may be delivered vacant. Seller inteds to update second unit at no cost to buyer.*** E 49th Street presents an exceptional turnkey triplex opportunity in a centrally located pocket near Downtown Los Angeles, ideal for both investors and owner-occupants. The third unit was built completely ground-up within the last year, offering modern construction, updated systems, and long-term peace of mind. The front and middle units have been tastefully remodeled with contemporary finishes and functional layouts leaving a bit of room for some cosmetic updates, creating a clean, well-maintained property where you won’t need to lift a finger on repairs. The property produces strong, reliable rental income, including a few long-term tenants that provide stability and consistent cash flow from day one. The location offers outstanding accessibility and convenience, situated just minutes from Downtown LA, the thriving Arts District, USC, LA Live, Crypto.com Arena, BMO Stadium, Exposition Park, and the Fashion District. The surrounding area continues to experience growth driven by nearby employment hubs along the Alameda Corridor, as well as expanding dining, coffee, brewery, entertainment, and creative business spaces throughout the Arts District. With easy access to the 10, 110, 5, and 101 freeways, commuting throughout Los Angeles is seamless, making this a highly desirable rental location. This is a rare opportunity to acquire a low-maintenance, income-producing asset in a high-demand market with strong long-term upside.
Property Details
Price:
$849,000
MLS #:
SR26031868
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Triplex
Neighborhood:
c42downtownla
Listed Date:
Feb 12, 2026
Total Sq Ft:
3,000
Lot Size:
6,598 sqft / 0.15 acres (approx)
Year Built:
1910
See this Listing
Schools
Interior
Cooling
HP, DUC
Laundry Features
OUT, WH
Exterior
Community Features
SL, URB
Financial
Map
Community
- Address687 E 49th 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 Mar 24, 2026
7,245
Single Family Listed
95
Avg DOM
510
Avg $ / SqFt
$1,489,707
Avg List Price
Property Summary
- 687 E 49th Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90011. It is listed for $849,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1910. The average price per square foot for Single Family listings in Los Angeles is $510. The average listing price for Single Family in Los Angeles is $1,489,707.
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