871 E 49th St Los Angeles, CA 90011
South Park NeighborhoodEstimated payment $9,795/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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
MLS Number: 26644433
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Ask me questions while you tour the home.