$825,000

624 E 49th St Los Angeles, CA 90011

South Park Neighborhood

Estimated payment $4,740/month

Total Views 1,061
4 Beds
4 Baths
2,936 Sq Ft
$281 Price per Sq Ft

Highlights

  • 1-Story Property
  • Carpet
  • 1-minute walk to 49th Street Park

About This Home

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.

Listing Agent

Eric Quiros

Capital Brokers License #00846492 Listed on: 08/18/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Parking

  • 4 Parking Spaces

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,936 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Utilities

  • Heating System Mounted To A Wall or Window
  • Sewer in Street

Additional Features

  • 6,602 Sq Ft Lot
  • City Lot

Community Details

  • 4 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 5108-011-014

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

6,602 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Alley: Yes
  • Living Area: 2936
  • Lot Acreage: 0.1516
  • Probate: No
  • Year Built: 1959
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Flooring: Laminate, Carpet
  • Bedrooms: 4
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 280.99

Exterior Features

  • Other Structures: None
  • Roof: Composition, Shingle

Garage/Parking

  • Total Parking: 4

Utilities

  • Heating: Wall
  • Sewer: In Street
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 45.98
  • Assessed Improvement Value: 144820
  • Assessed Land Percent: 54.02
  • Assessed Land Value: 170167
  • Total Assessed Value: 314987
  • Assessor Parcel Number: 5108-011-014
  • Lot Location: City, Alley Access
  • Lot Size Area: 6602

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 9.90
  • Number Of Units: 4
  • Type Of Units: Residential

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $4,331 $321,286 $173,570 $147,716
2025 $4,331 $314,987 $170,167 $144,820
2024 $4,241 $308,812 $166,831 $141,981
2023 $4,167 $302,758 $163,560 $139,198
2022 $3,988 $296,822 $160,353 $136,469
2021 $3,926 $291,003 $157,209 $133,794
2019 $3,818 $282,375 $152,548 $129,827
2018 $3,698 $276,839 $149,557 $127,282
2016 $3,511 $266,091 $143,750 $122,341
2015 $3,463 $262,095 $141,591 $120,504
2014 $3,501 $256,962 $138,818 $118,144
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/18/2026 08/18/26 For Sale $825,000 -- $281 / Sq Ft
Source: The MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $350,000 New Conventional
Closed $214,500 Unknown
Previous Owner $206,625 No Value Available
Source: Public Records

Source: The MLS

MLS Number: 26873759

The MLS

APN: 5108-011-014

California Los Angeles County Los Angeles 90011 South Park

624 E 49th St, Los Angeles, CA

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The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Listing Agent
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Capital Brokers
(213) 500-3680
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