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901 E 49th St, Los Angeles, CA 90011
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901 E 49th St Los Angeles, CA 90011

$955,000 Sold Price as of 11/10/2021
  • 6 Beds
  • 5 Baths
  • 2,700 Sq.Ft.
Sold
$955,000 Sold Price as of 11/10/2021 Refinance Your Mortgage
Map preview of 901 E 49th St, Los Angeles, CA 90011

Property Overview: 901 E 49th St Los Angeles, CA has 6 bedrooms, 5 bathrooms, 2,700 living square feet and 7,500 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great investment income producing property. This well maintained Four unit property has one 4 bedroom, 1 1/2 bath house in the front and 3 units in the back on a 7500 square foot gated huge lot with lots of parking. Seller has kept up with maintenance and inspections from the city. The property is in great condition with many upgrades that includes: Remodel unit in the back, new cabinets, floors, counters. All new windows, gates, rain gutters and patio tiles to name a few. Washer & Dryer hook ups are located in the front house and also in the garage. Close to schools, universities, stadiums, shopping and Downtown Los Angeles. Please do not disturb the tenants. Drive by only.

Listed by Eurline Mills | BRE #01304555 | TruLine Realty
Last checked: 4 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 154

Home details

Lot Sq. Ft
7,500
HOA Dues
$0/mo
Year built
1939
Garage
3 Car
Property Type:
Multi Family
Status
Sold
MLS#
21720176
City
Los Angeles
County
Los Angeles
Time on Site
1225 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,700
  • Total Rent: $2,700
  • Pro Forma/Market Rent: $2,900
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $1,450
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $936
  • Total Rent: $936
  • Pro Forma/Market Rent: $1,450
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $1,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 13.56
  • Gross Scheduled Income: --
  • Net Operating Income: $65,382
  • Gross Operating Income: $73,632
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 901 E 49th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • In Garage
Room Information
  • Flooring: Laminate, Carpet, Tile
Interior Features
  • Ceiling Fan(s)
  • Security Features: Gated Community, Carbon Monoxide Detector(s), Fire and Smoke Detection System
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 9
  • Has Parking
  • Parking Features: Assigned, Driveway, Private, Converted Garage, Garage
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 4
  • Parcel Number: 5108020020
Location / Neighborhood
Location Information
  • Directions: In between S. Central Ave and McKinley, South of E. Vernon
View more facts & features

Local Los Angeles Agent

Sale History for 901 E 49th St

Last sold for $955,000 on November 10th, 2021

  • September, 2021

  • Sep 24, 2021

    Date

    Active Under Contract

    CRMLS: 21720176

    $999,000

    Price

  • Sep 11, 2021

    Date

    Active

    CRMLS: 21720176

    $999,000

    Price

  • Aug 6, 2021

    Date

    Active Under Contract

    CRMLS: 21720176

    $999,000

    Price

  • Jul 26, 2021

    Date

    Price Change

    CRMLS: 21720176

    $999,000

    Price

  • Jun 13, 2021

    Date

    Price Change

    CRMLS: 21720176

    $1,096,000

    Price

  • May 2, 2021

    Date

    Price Change

    CRMLS: 21720176

    $1,100,000

    Price

  • Apr 21, 2021

    Date

    Active

    CRMLS: 21720176

    $1,200,000

    Price

  • August, 2020

  • Aug 1, 2020

    Date

    Expired

    CRMLS: 20543824

    $992,000

    Price

  • Apr 19, 2020

    Date

    Withdrawn

    CRMLS: 20543824

    $992,000

    Price

  • Mar 12, 2020

    Date

    Price Change

    CRMLS: 20543824

    $992,000

    Price

  • Feb 5, 2020

    Date

    Price Change

    CRMLS: 20543824

    $999,000

    Price

  • Jan 17, 2020

    Date

    Active

    CRMLS: 20543824

    $1,100,000

    Price

  • Listing provided courtesy of CRMLS

    Great investment income producing property. This well maintained Four unit property has one 4 bedroom house in the front and 3 units in the back on a 7500 square foot gated lot with lots of parking. The property is in great condition with many upgrades that include New windows, gates, rain gutters and patio tiles to name a few. Close to schools, universities, stadiums, shopping and Downtown Los Angeles. Please do not disturb the tenants. Drive by only.

  • October, 2019

  • Oct 18, 2019

    Date

    Sold

    CRMLS: DW19189969

    $725,000

    Price

  • Sep 17, 2019

    Date

    Pending

    CRMLS: DW19189969

    $699,999

    Price

  • Sep 6, 2019

    Date

    Active

    CRMLS: DW19189969

    $699,999

    Price

  • Aug 19, 2019

    Date

    Pending

    CRMLS: DW19189969

    $699,999

    Price

  • Aug 8, 2019

    Date

    Active

    CRMLS: DW19189969

    $699,999

    Price

  • Listing provided courtesy of CRMLS

    Location, Location, Location! Great investment opportunity! Four units, one house up front and three units in the back on a huge gated lot with lots of parking. Live in one and rent the others. Property is in great condition! Seller has kept up with maintenance and inspections from the city. All units were completely remodeled when property was purchased. Close to Schools, Universities, Stadiums, Shopping, and Downtown Los Angeles. Don't miss this great opportunity to own income producing property! Please do not disturb tenants. Drive by only.

  • October, 2019

  • Oct 17, 2019

    Date

    Sold (Public Records)

    Public Records

    $725,000

    Price

  • February, 2009

  • Feb 12, 2009

    Date

    Sold (Public Records)

    Public Records

    $221,000

    Price

Show More

Tax History for 901 E 49th St

Assessed Value (2020): $725,000
Year Land Value Improved Value Assessed Value
2020 $435,000 $290,000 $725,000

Home Value Compared to the Market

This property vs the competition

901 E 49th St sold on November 10, 2021 for 10.8% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $370 per/sqft which puts the price per square foot 48.9% lower than the current median sale per square foot for the city of Los Angeles.

About 901 E 49th St

Detailed summary of property

901 E 49th St is a multi family that recently sold in Los Angeles, CA 90011. This multi family property offered 6 bedrooms, 5 bathrooms, roughly 2,700 living square feet, and sits on an approximately 7,500 square foot lot. 901 E 49th St was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner sold the property for $955,000. Home 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 10.8% lower than the current median priced home. Local homes that are currently for sale include 1541 E 51st St, 4216 Woodlawn Ave and 834 E 33rd St. While the average home in Los Angeles, CA is selling in 106 days, 901 E 49th St has a days on market of 154 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 901 E 49th St Los Angeles, CA 90011 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 901 E 49th St

Public county record property details
Beds
5
Baths
4
Year built
1939
Sq. Ft.
2,630
Lot Size
7,499
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
14
APN
5108-020-020

The source for these homes facts are from public records.

90011 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$620,000
Median List Price/Sq.Ft.
$532
Median Sold Price
$590,000
Median Sold Price/Sq.Ft.
$438
Total Inventory
52
Median Sale to List Price %
102.61%
Avg Days on Market
46
Loan Type
Conventional (0%), FHA (83.33%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

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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.

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