601 W 49th St, Los Angeles, CA 90037
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601 W 49th St Los Angeles, CA 90037

$4,299
  • 4 Beds
  • 2 Baths
  • 1,150 Sq.Ft.
For Lease
$4,299 Get Pre-Qualified

Map preview of 601 W 49th St, Los Angeles, CA 90037

Property Overview: 601 W 49th St Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,150 living square feet and 6,796 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: This recently renovated 4-bedroom, 2-bathroom dwelling provides 1150 sq.ft. of inviting living area. Interior features include vinyl plank flooring, laundry connections, and a spacious kitchen layout, facilitating daily activities. The surrounding area offers various entertainment choices, including the renowned LA Coliseum, the enriching exhibitions of the Natural History Museum, and the educational experiences at the California Science Center. Additionally, the proximity of the Banc of California Center ensures convenient access to a variety of exciting events and activities within a short drive. Section 8 accepted.

Listed by Krisztina Bodzsar | BRE #02138706 | Compass
Last checked: 5 minutes ago | Last updated: May 14th, 2024 | Source CRMLS | DOM: 20

Home details

Lot Sq. Ft
6,796
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Single Family Home
Status
Active
MLS#
24385376
City
Los Angeles
County
Los Angeles
Time on Site
17 days

Open Houses for 601 W 49th St

No upcoming open houses

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Property Details for 601 W 49th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Central
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Vinyl
  • Family Room
Kitchen Information
  • No Appliances
  • None
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Property Information
  • Has View
  • View: Courtyard
  • Parcel Number: 5018025019
  • Architectural Style: Contemporary
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Conveniently located just off the 110 freeway in the South Figueroa Corridor between Vermont and South Park.
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Sale History for 601 W 49th St

Last leased for $3,376 on August 2nd, 2022
  • April, 2024

  • Apr 28, 2024

    Date

    Active

    CRMLS: 24385376

    $4,299

    Price

  • August, 2022

  • Aug 2, 2022

    Date

    Leased

    CRMLS: 22170375

    $3,376

    Price

  • Jun 24, 2022

    Date

    Active

    CRMLS: 22170375

    $3,395

    Price

  • Listing provided courtesy of CRMLS

    Don't miss out on this freshly constructed, spacious home in the heart of Los Angeles. Set back from the street and tucked behind a charming fourplex, this 3bd/2ba apartment feels like a single family residence. Lounge, dine, and entertain in the private gated courtyard with comfortable patio furniture and low-maintenance artificial turf. Easy access to the 110 freeway and close to the Coliseum, Banc of California Stadium, Exposition Park, the Natural History Museum, USC, and DTLA. Includes in-unit laundry washer and dryer hookup.

  • March, 2021

  • Mar 19, 2021

    Date

    Expired

    CRMLS: P1-1062

    $1,050,000

    Price

  • Mar 18, 2021

    Date

    Withdrawn

    CRMLS: P1-1062

    $1,050,000

    Price

  • Oct 21, 2020

    Date

    Active Under Contract

    CRMLS: P1-1062

    $1,050,000

    Price

  • Sep 2, 2020

    Date

    Active

    CRMLS: P1-1062

    $1,050,000

    Price

  • Listing provided courtesy of CRMLS

    Located at 601 West 49th Street in Los Angeles, California, this four-unit apartment complex offers a 'ready-to-issue' garage conversion accessory dwelling unit for a legal market-rate fifth unit. Currently, three of the four units are vacant offering huge upside to a new buyer. Inclusive of the fifth unit ADU, the building offers a total square footage of +/-5,546 on a +/-6,794 square foot lot.Each of the existing four units are large with a possibility to create additional bedrooms for higher potential rent (buyer to verify). Furthermore, each unit offers separate water heaters and washer/dryer hook-ups allowing for an owner to provide premium finishes for a new potential renter.Currently, the asset qualifies for a 30-year fixed residential financing. With proper timing, there is potential for a Buyer to lock in double digit cash flows for the following 30 Years (Buyer to verify). By refinancing the asset prior to the issuance of the ADU's certificate of occupancy, a Buyer may finance their new five-unit asset with residential financing (Buyer to Verify).

  • March, 2021

  • Mar 19, 2021

    Date

    Expired

    CRMLS: P1-1011

    $1,050,000

    Price

  • Mar 18, 2021

    Date

    Withdrawn

    CRMLS: P1-1011

    $1,050,000

    Price

  • Oct 21, 2020

    Date

    Active Under Contract

    CRMLS: P1-1011

    $1,050,000

    Price

  • Sep 1, 2020

    Date

    Active

    CRMLS: P1-1011

    $1,050,000

    Price

  • Listing provided courtesy of CRMLS

    Located at 601 West 49th Street in Los Angeles, California, this four-unit apartment complex offers a 'ready-to-issue' garage conversion accessory dwelling unit for a legal market-rate fifth unit. Currently, three of the four units are vacant offering huge upside to a new buyer. Inclusive of the fifth unit ADU, the building offers a total square footage of +/-5,546 on a +/-6,794 square foot lot.Each of the existing four units are large with a possibility to create additional bedrooms for higher potential rent (buyer to verify). Furthermore, each unit offers separate water heaters and washer/dryer hook-ups allowing for an owner to provide premium finishes for a new potential renter. Currently, the asset qualifies for a 30-year fixed residential financing. With proper timing, there is potential for a Buyer to lock in double digit cash flows for the following 30 Years (Buyer to verify). By refinancing the asset prior to the issuance of the ADU's certificate of occupancy, a Buyer may finance their new five-unit asset with residential financing (Buyer to Verify).

  • October, 2020

  • Oct 30, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,020,000

    Price

  • May, 2019

  • May 31, 2019

    Date

    Sold

    CRMLS: SB19049229

    $480,000

    Price

  • Mar 6, 2019

    Date

    Pending

    CRMLS: SB19049229

    $465,000

    Price

  • Mar 6, 2019

    Date

    Active

    CRMLS: SB19049229

    $465,000

    Price

  • Listing provided courtesy of CRMLS

    Perfect investment property conveniently located near various supporting businesses and freeways. Each unit consist of 1 bedroom and 1 bathroom and one unit will be delivered vacant. Also note that the accuracy of all information including square footage and lot size is deemed reliable, but not guaranteed and should be independently verified through personal inspection with appropriate professionals.

  • May, 2019

  • May 31, 2019

    Date

    Sold (Public Records)

    Public Records

    $480,000

    Price

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Tax History for 601 W 49th St

Assessed Value (2020): $489,600
Year Land Value Improved Value Assessed Value
2020 $306,000 $183,600 $489,600

Home Value Compared to the Market

This property vs the competition

601 W 49th St is currently listed for lease 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 $1,250,000. The median price per/sqft for Los Angeles is $777. 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 $250,000 for the down payment and will need roughly $25,000 for closing costs on top of the down payment.

About 601 W 49th St

Detailed summary of property

601 W 49th St is a single family home for lease located in Los Angeles, CA 90037. This house offers 4 bedrooms, 2 bathrooms, roughly 1,150 living square feet, and sits on an approximately 6,796 square foot lot. 601 W 49th St was first listed on ArdentRealEstateGroup.com on May 2, 2024. The homeowner is currently asking $4,299. Local homes that are currently for sale include 1233 W 51st Pl, 1148 W 56th St and 1205 W 57th St. While the average home in Los Angeles, CA is selling in 92 days, 601 W 49th St has a days on market of 20 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for lease at 601 W 49th St Los Angeles, CA 90037 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 601 W 49th St

Public county record property details
Beds
4
Baths
4
Year built
1923
Sq. Ft.
4,704
Lot Size
6,793
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
43
APN
5018-025-019

The source for these homes facts are from public records.

90037 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$749,000
Median List Price/Sq.Ft.
$517
Median Sold Price
$667,000
Median Sold Price/Sq.Ft.
$444
Total Inventory
32
Median Sale to List Price %
106.72%
Avg Days on Market
21
Loan Type
Conventional (0%), FHA (50%), VA (0%), Cash (33.33%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.