$790,000

1802 W 49th St Los Angeles, CA 90062

Vermont Square Neighborhood

Estimated payment $4,589/month

Total Views 1,342
8 Beds
4 Baths
2,484 Sq Ft
$318 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Corner Lot
  • 2 Car Direct Access Garage
  • Attic
  • Private Yard
  • Oversized Parking

About This Home

Craftsman-style duplex located in the heart of South Los Angeles--an ideal opportunity for investors seeking reliable cash flow with low operating expenses. This income-producing property consists of two spacious units: the front home (1802 downstairs) is a 5-bedroom, 2-bath residence and the second unit (1802 1/2 Upstairs) is a 3-bedroom, 2-bath. Each unit includes its own private garage and both are individually metered. Tenants pay all utilities, with the exception of water and landscaping, helping to maximize your net operating income.Set on a generous lot with ample off-street parking and private outdoor space, this duplex also offers ADU potential or light value-add opportunities through interior upgrades. The location is highly convenient--just approximately, 10 minutes from Downtown L.A., South Park, USC, and BMO Stadium, and within blocks of local transit, shopping, and recreation. Tenants enjoy easy access to Exposition Park, the Natural History Museum, and California Science Center, along with South L.A. Wetlands Park and Augustus F. Hawkins Nature Park for green space and walking trails. Less than a 10 min drive to Leimert Park, Baldwin Hills and Inglewood neighborhoodsThe neighborhood continues to benefit from revitalization and infrastructure investments. Two units have strong in-place rents, minimal landlord utility responsibilities, and long-term tenants already in place, this property offers immediate income. Whether you're a seasoned investor or entering the Los Angeles rental market, 1802 W 49th St delivers character, scale, and consistent revenue. Owner will not relocate tenants. Please do not disturb tenants.

Listing Agent

Luis Montejano

Metzo Realty Inc Brokerage Phone: (323) 333-0011 License #01804103 Listed on: 06/27/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,554

Year Built

  • Built in 1907

Lot Details

  • 7,513 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Block Wall Fence
  • Corner Lot
  • Level Lot
  • No Sprinklers
  • Private Yard
  • Lawn
  • Front Yard

Parking

  • 2 Car Direct Access Garage
  • 4 Open Parking Spaces
  • Oversized Parking
  • Parking Available
  • Single Garage Door
  • Driveway
  • Parking Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Bungalow
  • Split Level Home
  • Pillar, Post or Pier Foundation
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,484 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Living Room
  • Attic

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Accessible Home Design

  • Customized Wheelchair Accessible
  • Accessible Parking

Utilities

  • No Heating
  • Source of electricity is unknown
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 232
  • Assessor Parcel Number 5015006001

Community Details

Overview

  • 2 Units

Building Details

  • 5,825 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Insurance Expense $2,945
  • Water Sewer Expense $2,880
  • Operating Expense $3,840
  • Gross Income $35,076
  • Net Operating Income $31,236

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,554

Year Built

Built in 1907

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved
  • Subdivision Name Other: Not Applicable
  • View: No
  • Water Sewer Expenses: 2880.00
  • Architectural Style: Bungalow, Traditional
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5015006001
  • Year Built: 1907
  • AgentOnly_SellerConsiderConcessionYN: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Accessibility Features: Customized Wheelchair Accessible, Parking
  • Appliances: No
  • Entry Level: 1
  • Levels: Two, Multi/Split
  • Price Per Square Foot: 318.04
  • Room Type: Attic, Foyer, Kitchen, Living Room, Entry

Exterior Features

  • Foundation: Pillar/Post/Pier
  • Fence: Yes
  • Fencing: Block, Wrought Iron
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Single Door, Direct Garage Access, On Site, Driveway, Parking Space, Oversized
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected
  • Sprinklers: No
  • Heating: No
  • Laundry: No
  • Electric: Electricity - Unknown
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Corner Lot, Sprinklers None, Level with Street, Yard, Walkstreet, Level, Lawn
  • Lot Size Sq Ft: 7513.00
  • Lot Size Acres: 0.1725

Rental Info

  • Tenant Pays: Electricity, Sewer, Gas

Multi Family

  • Gross Income: 35076.00
  • Gross Scheduled Income: 35076.00
  • Insurance Expense: 2945.00
  • Lot Size Area: 7513.0000 Square Feet
  • Net Operating Income: 31236.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Leased: 5825
  • Number Of Units Total: 2
  • Operating Expense: 3840.00
  • Rent Control: Yes
  • Total Expenses: 3840.00

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 232...

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,554 $175,675 $117,122 $58,553
2023 $2,516 $172,231 $114,826 $57,405
2022 $2,417 $168,855 $112,575 $56,280
2021 $2,372 $165,545 $110,368 $55,177
2019 $2,310 $160,638 $107,096 $53,542
2018 $2,199 $157,490 $104,997 $52,493
2016 $2,083 $151,376 $100,921 $50,455
2015 $2,056 $149,104 $99,406 $49,698
2014 $2,079 $146,184 $97,459 $48,725
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 For Sale $790,000 -- $318 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $193,100 New Conventional
Closed $215,000 Fannie Mae Freddie Mac
Closed $180,364 Unknown
Closed $136,500 Unknown
Source: Public Records

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Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-22967

Pasadena-Foothills Association of REALTORS®

APN: 5015-006-001

California Los Angeles County Los Angeles 90062 Vermont Square

1802 W 49th St, Los Angeles, CA

This home is located at 1802 W 49th St, Los Angeles, CA 90062 and is currently priced at $790,000, approximately $318 per square foot. This property was built in 1907. 1802 W 49th St is a home located in Los Angeles County with nearby schools including Western Avenue Technology Magnet, Angeles Mesa Elementary School, and Barack Obama Global Preparation Academy.

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Luis Montejano
Listing Agent
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Metzo Realty Inc