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$825,000
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Property Description
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.
Full Property Details
Full Property Details for 624 E 49th St
General
- Price: $825,000
- Status: Active
- Type: Multi-Family
- Source: CLAW
- MLS ID: 26873759
- Updated: 8/31/2026
- Added to Site: 49 day(s) ago
Interior
- Flooring: Laminate, Carpet
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: None
Additional Information
- Other Features: None
Parking
- Garage Description: None
Location
- Area: Downtown L.A.
- County: Los Angeles
- Cross Streets: 49th & Avalon Blvd
- Driving Directions: Subject Property is located North of Slauson Ave, South of Vernon Ave, East of Avalon Blvd and West of Mckinley Blvd
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall
Utilities
- Sewer: In Street
Structural Information
- # Buildings: 1
- Roof: Composition, Shingle
- Stories/Levels: 0
- Square Feet: 2,936
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1959
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 4
- Unit Type: 2106, 2107, 2108, 2109
Unit 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Total Bathrooms: 1
- Bedrooms: 1
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1516
- Lot Size: 6602
- Lot Size Source: Vendor Enhanced
- Alley: Yes
- Lot Features: City, Alley Access
- Zoning: LAR2
Financial Considerations
- Price Per Sq. Ft.: $280.99
- Assessment Year: 1959
Disclosures and Reports
- Disclosures/Reports: As Is
- APN: 5108-011-014
Listed by Capital Brokers, Eric Quiros
Get Pre-Approved Today
Schools
Schools serving 624 E 49th St
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Forty-Ninth Street Elementary School 750 East 49th Street, Los Angeles, CA 90011 | K-5 | 0.1 mi |
George Washington Carver Middle School 4410 McKinley Avenue, Los Angeles, CA 90011 | 7-8 | 0.4 mi |
Social Justice Schools: Fine Arts Academy At Dr. Maya Angelou Community High 300 East 53rd Street, Los Angeles, CA 90011 | 9-12 | 0.4 mi |
Thomas Jefferson Senior High School 1319 East 41st Street, Los Angeles, CA 90011 | 9-12 | 1.1 mi |
Nava College Preparatory Academy 1319 East 41st Street, Los Angeles, CA 90011 | 9-12 | 1.1 mi |
Santee Education Complex 1921 S. Maple Ave., Los Angeles, CA 90011 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 624 E 49th St
Date
Details
Price
Change
Source
8/18/2026
Listed
$825,000
219.42%
MLS
4/09/2003
Sold
$258,281
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 624 E 49th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,331
—
$321,286
2%
2025
$4,331
2%
$314,987
2%
2024
$4,241
2%
$308,812
2%
2023
$4,167
4%
$302,758
2%
2022
$3,988
2%
$296,822
2%
2021
$3,926
-1%
$291,003
1%
2020
$3,958
4%
$288,021
2%
2019
$3,818
3%
$282,375
2%
2018
$3,698
2%
$276,839
2%
2017
$3,621
3%
$271,412
2%
2016
$3,511
1%
$266,091
2%
2015
$3,463
-1%
$262,095
2%
2014
$3,501
—
$256,962
—
2013
$3,501
—
$255,802
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 624 E 49th St
624 E 49th St, Los Angeles, CA 90011 (MLS# 26873759) is a Multi-Family property with units containing 4 bedrooms and 0 full bathrooms. 624 E 49th St is currently listed for $825,000 and was received on August 18, 2026. Want to learn more about 624 E 49th St? Do you have questions about finding other Multi-Family real estate for sale in Downtown L.A.? You can browse all Downtown L.A. real estate or contact a Coldwell Banker agent to request more information.

