$1,600,000

Estimated payment $9,361/month

Total Views 1,839
7 Beds
7 Baths
3,532 Sq Ft
$453 Price per Sq Ft

Highlights

  • 1-Story Property
  • Ceiling Fan
  • 4-minute walk to 49th Street Park

About This Home

871875 E. 49th Street presents a compelling multi-unit investment opportunity located in a rapidly improving area near USC. The property consists of seven (7) residential units spread across three (3) separate buildings, offering a desirable low-density layout and flexible unit mix.Per title records, the property reflects 7 bedrooms and 7 bathrooms. However, several units have had additional, unpermitted bedrooms added, resulting in a current functional configuration of approximately 11 bedrooms and 7 bathrooms. Select units have been remodeled over time as they became vacant, with improvements varying by unit. The property offers upside potential through continued renovations, stabilization, and optimization of rents. The location is a strong draw for tenants, situated near the University of Southern California, within close proximity to shopping, dining, and public transportation, and positioned in an up-and-coming neighborhood experiencing ongoing investment and redevelopment. This property may be attractive to investors seeking value-add potential in a high-demand rental market. Buyer to conduct their own independent due diligence with respect to unit count, square footage, bedroom configuration, permits, zoning, and any other matters of material importance. Agents and sellers make no representations or warranties, express or implied, regarding the accuracy of information provided rare opportunity to acquire a multi-building asset in a prime infill location with long-term growth prospects.

Listing Agent

Ellie Kohan

Coldwell Banker Realty License #01464813 Listed on: 02/02/2026

Coldwell Banker Realty

Co-Listing Agent

Peter Shamouil

Coldwell Banker Realty License #01818860

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1914

Interior Spaces

  • 3,532 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Bathrooms

Additional Features

  • 7,503 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Buildings
  • 7 Units

Listing and Financial Details

  • Assessor Parcel Number 5108-020-023

Property Details

Home Type

Multi-Family

Year Built

Built in 1914

Lot Details

7,503 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 3532
  • Lot Acreage: 0.1722
  • Year Built: 1914
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 7
  • Total Bathrooms: 7.00
  • Equipment: Ceiling Fan
  • Price Per S Q F T: 453.00

Exterior Features

  • Other Structures: None

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 43.72
  • Assessed Improvement Value: 455130
  • Assessed Land Percent: 56.28
  • Assessed Land Value: 585979
  • Total Assessed Value: 1041109
  • Assessor Parcel Number: 5108-020-023
  • Lot Size Area: 7503

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112
  • Gross Rent Multiplier: 15.00
  • Number Of Units: 7
  • Type Of Units: APARTMENT

Map

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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
2025 $13,429 $1,041,109 $585,979 $455,130
2024 $13,242 $1,020,696 $574,490 $446,206
2023 $12,999 $1,000,683 $563,226 $437,457
2022 $12,423 $981,063 $552,183 $428,880
2021 $12,265 $961,827 $541,356 $420,471
2020 $12,393 $951,966 $535,806 $416,160
2019 $11,928 $933,300 $525,300 $408,000
2018 $6,591 $480,195 $331,170 $149,025
2016 $6,246 $461,550 $318,311 $143,239
2015 $6,164 $454,618 $313,530 $141,088
2014 $6,229 $445,714 $307,389 $138,325
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/02/2026 02/02/26 For Sale $1,600,000 -- $453 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 26644433

The MLS
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