687 E 49th Los Angeles, CA $ 849,000
687 E 49th
$ 849,000
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687 E 49th

Los Angeles, CA, 90011
$ 849,000
Baths1.0 Sq 3,000

Monthly Estimate*

$ 5,227

Listed by RE/MAX One
687 E 49th, Los Angeles, CA 90011 - Image 1
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687 E 49th, Los Angeles, CA 90011 - Image 7
687 E 49th, Los Angeles, CA 90011 - Image 8
687 E 49th, Los Angeles, CA 90011 - Image 9
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Studio

Multi-Family Home for sale in Los Angeles, CA

for $849,000 with 1 full bath. This 3,000 square foot home was built in 1910 on a lot size of 0.1515.

E 49th Street presents an exceptional turnkey triplex opportunity in a centrally located pocket near Downtown Los Angeles, ideal for both investors and owner-occupants. The third unit was built completely ground-up within the last year, offering modern construction, updated systems, and long-term peace of mind. The front and middle units have been tastefully remodeled with contemporary finishes and functional layouts leaving a bit of room for some cosmetic updates, creating a clean, well-maintained property where you won’t need to lift a finger on repairs. The property produces strong, reliable rental income, including a few long-term tenants that provide stability and consistent cash flow from day one. The location offers outstanding accessibility and convenience, situated just minutes from Downtown LA, the thriving Arts District, USC, LA Live, Crypto.com Arena, BMO Stadium, Exposition Park, and the Fashion District. The surrounding area continues to experience growth driven by nearby employment hubs along the Alameda Corridor, as well as expanding dining, coffee, brewery, entertainment, and creative business spaces throughout the Arts District. With easy access to the 10, 110, 5, and 101 freeways, commuting throughout Los Angeles is seamless, making this a highly desirable rental location. This is a rare opportunity to acquire a low-maintenance, income-producing asset in a high-demand market with strong long-term upside.

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Multi-Family Active

Price

$ 849,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1515

Year Built

1910

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

SR26031868

Days on Market

10

Features
General
Sewer Unknown
Cooling Ductless Heat Pump
Garage Spaces 0
Pool Features None
Year Built 1910
Tenant Pays All Utilities
Property Subtype Triplex
Gross Income 72600
Community Features Street Lights Urban
County Los Angeles
Net Operating Income 65540
Operating Expense 7060
Insurance Expense 760
New Construction false
Property Type Residential Income
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions Avalon & Vernon
City Los Angeles
Entry Location 1
Senior Community Y/N false
Number Of Units Total 3
MLS Area C42 - Downtown L.A.
Lot Size Units Square Feet
Lot Size Square Feet 6598
Listing Terms Cash Conventional 1031 Exchange FHA
Property Attached Y/N false
Land Lease Y/N false
Trash Expense 0
Water Sewer Expense 300
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Estimated
Tax Lot 32
Property Sub Type Additional Triplex
Cap Rate 7.72
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Interior
Fireplace Features None
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N true
Fireplace Y/N false
Laundry Features Washer Hookup Outside
Entry Level 1
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Exterior
Parking Features Gated Paved
Lot Features 2-5 Units/Acre
Water Source Public
Total Parking 0
Lot Size Area 6598
Number of Buildings 3
Building Area Total 3000
Lot Size Acres 0.1515
Private Pool false
Lot Size Source Estimated
Number of Separate Water Meters 1
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
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* Excluded Features
List By
Re/Max One

Broker

info@collinrealestate.com

Email

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$5,227
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Monthly Principal & Interest
$5,227
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/12/2026$849,000 Listed Price

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687 E 49th, Los Angeles, CA, 90011 is a Multi-Family Home for sale at $849,000 with 3,000 sqft and a lot size of 0.1515. 687 E 49th is a studio with 1.0 baths and was built in 1910. The property's zip code is 90011 which is in Los Angeles, CA