1063 E 49th PL, Los Angeles, CA 90011

Listed by Jeff Anderson, 562-261-0310 from eXp Realty of California Inc
(If provided) CoList: Jacob Avery from eXp Realty of California Inc

List Price
$1,200,000
MLS#
CRPW26148827
Status
ACTIVE
Bedrooms
8
Total Bathrooms
4
Full Bathrooms
4
Lot Size
5,914
Listing Area
C42 - Downtown L.A.
Year Built
1922

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.

Additional Information

Acres
0.14
Cooling System
None
Fireplace Description
None
Garage Parking
Other
Laundry Facilities
Community Facility
Lot Size
5,914
Neighborhood
C42 - Downtown L.A.
Pool Description
None
Unincorporated Yn
Yes
View
Neighborhood View

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