483 E 49th St, Los Angeles, CA 90011

$825,000
4,134
SqFt
List Price
$825,000
MLS#
24-389143
Year Built
1909
Living Sq. Ft
4,134
Lot Size
7,420
Days on Market
28
Property Type
Multifamily

Property Description

483 E49th St in the South Park neighborhood of Los Angeles, located between Avalon Blvd & San Pedro St and just north ofthe South Park Recreation Center.The property features two structures, a fourplex made up of two one-bedrooms and two two-bedrooms and a threebedroomADU at the rear of the property that was constructed in 2022; the ADU is currently vacantThere are ten parking spaces; gas and electricity are separately meteredThe property is REO Lender owned and is being offered at a low $165,000 per unit and $200 PSF at the asking priceThe ADU totals 808 SF with an open layout between the kitchen and living rooms; the master bedroom has an ensuitebathroom; features include vinyl plank flooring, new appliances, recessed lighting and new cabinetryUnits within the fourplex are well-maintained with original finishes, but can be further enhanced when unit turnoveroccurs with new flooring, paint, appliances, lighting enhancements and updated kitchens and bathrooms to achievemarket rentsLocated in a dense, infill location of South Los Angeles with an easy commute to Downtown and Vernon; close distance to multiple Metro local lines on Avalon Blvd and 1.4 miles from the Metro A Rail Line

Additional Information

Other Buildings
None
Heat
None
Cooling
None
Number of Cars in Garage
Driveway

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of Marcus & Millichap, Neema Ahadian - CA DRE#01346750

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