533 W 49Th Street

Los Angeles, CA 90037

PRICE REDUCED

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-$80,000 (-6.40%)

$1,170,000

List Price

10

bed Beds

9

shower Baths

4,356 sqft

straighten / sqft

1926

calendar_month Built

Property Description

The subject property is positioned in a solid South Los Angeles location, south of W Vermont Avenue, west of S Figueroa Street. Built in 1926, 533 West 49th Street includes a favorable unit mix of eight (8) one-bedroom / one-bathroom units, and one (1) two-bedroom / one-bathroom unit. This property is a rare, bungalow-style asset that features a large center courtyard with easily maintained landscaping. The units are spread across three (3) separate buildings giving tenants a quiet and private location. The property also includes ample street parking for tenants. Situated in a solid South LA location, this offering presents an excellent opportunity for any investor to capitalize on an attractive assumable loan in a rapidly developing pocket of Los Angeles.

Listing Information

List Price $1,170,000
Status Active
MLS 24396887
Type Residential Income
Year Built 1926
Lot Size 6,796
Structure Size 4,356
DOM 113
Courtesy Of Marcus & Millichap
Listing Agent Jason Tuvia DRE#01772495

Interior Features

Total Bedroom
Bedrooms 10
Total Bathroom
Bathrooms 9
Flooring Information
Material Wood

Exterior Information

Other Structures
Features Open, Patio
View Yes

Maps

Listing information courtesy of: Jason Tuvia, Marcus & Millichap . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 18th, 2024 at 11:58 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.