1625 W 49Th St Los Angeles, CA 90062

$555,000 Sold Price as of 08/31/2017

3 Beds
3 Baths
1,992 Sq.Ft.

Off Market

$555,000 Sold Price as of 08/31/2017 Refinance Your Mortgage

Map preview of 1625 W 49Th St, Los Angeles, CA 90062

Property Overview: 1625 W 49Th St Los Angeles, CA has 3 bedrooms, 3 bathrooms, 1,992 living square feet and 6,396 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1625 W 49Th St is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $771. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1625 W 49Th St

Last sold for $555,000 on September 8th, 2017

August, 2023
Aug 2, 2023

Date

Expired

CRMLS: PF23054847

$835,000

Price
Apr 12, 2023

Date

Active

CRMLS: PF23054847

$835,000

Price
Listing provided courtesy of CRMLS

Welcome to 1625 W 49th St, a fantastic investment opportunity in the heart of Los Angeles! This multi-unit property boasts 100% occupancy with paying tenants, providing immediate cash flow for the savvy investor. The property features three units, including a spacious 2-bedroom, 1-bathroom unit and two cozy 1-bedroom, 1-bathroom units. Each unit is well-maintained and boasts modern amenities and finishes. Ample parking is available on the property, and a detached 2-car garage offers potential for an ADU (accessory dwelling unit) conversion, providing additional rental income potential. The location of this property is unbeatable, centrally located under 3 miles from Crenshaw Plaza, USC, LA Memorial Coliseum, and BMO Stadium. The area is highly desirable, and there is plenty of potential for growth and appreciation. Don't miss this opportunity to invest in one of LA's hottest neighborhoods. Whether you're a seasoned investor or just getting started, this property offers a fantastic opportunity to generate passive income and build long-term wealth.

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March, 2023
Mar 2, 2023

Date

Expired

CRMLS: IV22192768

$869,900

Price
Sep 1, 2022

Date

Active

CRMLS: IV22192768

$869,900

Price
Listing provided courtesy of CRMLS

Check out these amazing 3 units! Two units offering 1 bed, 1 bath each. Last unit offers 2 beds 1 bath! This is a perfect opportunity for multiple families looking to live together or as an investment. This home is located near the 10 and 105 freeway. Just near downtown LA. Don't miss out!

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September, 2017
Sep 9, 2017

Date

Sold

CRMLS: 17220950

$555,000

Price
Aug 23, 2017

Date

Pending

CRMLS: 17220950

$549,000

Price
Jul 17, 2017

Date

Active Under Contract

CRMLS: 17220950

$549,000

Price
Jun 27, 2017

Date

Active

CRMLS: 17220950

$549,000

Price
May 18, 2017

Date

Withdrawn

CRMLS: 17220950

$549,000

Price
May 18, 2017

Date

Active

CRMLS: 17220950

$549,000

Price
Apr 28, 2017

Date

Active Under Contract

CRMLS: 17220950

$549,000

Price
Apr 14, 2017

Date

Active

CRMLS: 17220950

$549,000

Price
Listing provided courtesy of CRMLS

ONE VACANT UNIT with a Phenomenal price! This Craftsman Triplex is adjacent to Leimert Park and located on a palm tree lined street . Shows pride of ownership units w/manicured fenced yard. Perfect Rental Income property or live in 1 and rent the other two out. 2 units were recently remodeled. All units separately metered for gas and electricity. Lots of storage space. Close proximity to USC, Los Angeles Colosseum, LA Natural History Museum and exposition park, and also plenty of shopping centers nearby. Rare excellent investment opportunity like this one with such strong rents offered for sale. Ideal for 1031 tax exchange or owner occupied. Duplex in the front is side by side. Separate one bedroom home in the back. You can live in one, while collecting rent from the other units to help pay your monthly mortgage OR you can rent them all out as an investment. Highly Qualified Buyers with FHA loans are welcome! Just take a look at the lovely pictures!

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August, 2017
Aug 31, 2017

Date

Sold (Public Records)

Public Records

$555,000

Price
October, 2012
Oct 3, 2012

Date

Sold (Public Records)

Public Records

$175,000

Price

Tax History for 1625 W 49Th St

Assessed Value (2020): $577,422

Year	Land Value	Improved Value	Assessed Value
2020	$312,120	$265,302	$577,422

About 1625 W 49Th St

Detailed summary of property

1625 W 49Th St is categorized with a use code of Triplex (3 Units, Any Combination) in Los Angeles, CA 90062 and last sold on August 31, 2017 for $555,000. This property has 3 bedrooms, 3 bathrooms, roughly 1,992 living square feet, and sits on an approximately 6,396 square foot lot. Homes in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 50.45% lower than the current median priced home. 1625 W 49Th St was last sold on August 31, 2017 for $555,000. Local nearby listings include 1835 W 43rd St, 5206 S Wilton Pl and 1617 W 57th St. The average home in Los Angeles, CA is selling in 106 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. If you are the homeowner and looking to sell the home at 1625 W 49Th St Los Angeles, CA 90062 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1625 W 49Th St

Public county record property details

Beds: 3
Baths: 3
Year built: 1921
Sq. Ft.: 1,992
Lot Size: 6,396
Stories: --

Type: Triplex (3 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 31
APN: 5016-024-019

The source for these homes facts are from public records.

90062 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$850,000

Median List Price/Sq.Ft.

$560

Median Sold Price

$645,000

Median Sold Price/Sq.Ft.

$477

Total Inventory

Median Sale to List Price %

104.88%

Avg Days on Market

Loan Type

Conventional (12.5%), FHA (25%), VA (0%), Cash (37.5%), Other (12.5%)

Thinking of Selling?

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(714) 706-1823

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