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Cindy Russo

cindy.russo@engelvoelkers.com +1(908) 797-8066

$ 1,200,000

Est. payment -/mo

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Active

1063 E 49th PL Los Angeles, CA 90011

5,915 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26148828

HOA Y/N No

Year Built 1922

Lot Size 5,915 Sqft

Property Sub-Type Quadruplex

Property Description

Rare Los Angeles Fourplex — One Unit Delivered Vacant! Rare opportunity to own a well-maintained four-unit income property in Los Angeles with income today and flexibility from day one. Three units are currently tenant occupied and producing rent, while a spacious 2-bedroom, 2-bath unit is vacant — giving the new owner options no fully-occupied fourplex can offer. Lease it at current market rent, move in, or upgrade and maximize income — the choice is yours. And because this is a 2–4 unit property, owner-occupant buyers may qualify for low-down-payment financing not available on larger investment buildings (buyer to verify with lender). Live in one, and let three rental units help carry the payment. The property also features ample on-site parking, including a large parking pad plus a separate fully paved bonus parking lot — a rare and valuable feature for Los Angeles multifamily, and a real advantage when leasing. Set on a generous 5,914 sq ft lot with convenient access to shopping, dining, public transportation, major freeways, and employment centers throughout Los Angeles. 4 units · 8 bedrooms · 4 baths · 3,321 sq ft · 5,914 sq ft lot · Built 1922 · Offered at $1,200,000
Three units leased. One unit vacant. One rare chance. Showings available now — call today.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Interior

Fireplace No

Laundry Common Area

Exterior

Parking Features Driveway, Paved

Pool None

Community Features Sidewalks

Accessibility Parking

Total Parking Spaces 4

Private Pool No

Building

Lot Description Near Public Transit

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5108018026

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Jeff Anderson eXp Realty of California Inc 800-784-2616, DRE #01729514

NEARBY SCHOOLS & PROPERTIES

Cindy Russo

Global Real Estate Advisor License ID: 02062752

+1(908) 797-8066

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