Los Angeles, CA 90011 1260 E 49th Street
$740,000
Presented By: Mark Perez with Circle Real Estate; 562-754-0660
SQFT • 2,200
Home Details
Great opportunity to own a solid income-producing triplex for the price of a single-family home! This property features a large front house with 3 bedrooms and 1 bath, plus a separate rear duplex with two 1-bedroom, 1-bath units. The property offers ample parking space and is fully gated for privacy. Currently, all units are fully occupied with long-term, stable tenants, providing immediate rental income. Note: The property will be sold tenant-occupied and will not be delivered vacant. Conveniently located near schools, shopping centers, downtown LA, LA Live, Staples Center, grocery stores, restaurants, coffee shops, parks, and with easy access to major freeways. This well-maintained property has low maintenance costs and offers great rental upside potential in a highly desirable metropolitan location. Ideal for both seasoned investors and first-time buyers looking to start collecting income right away. Priced to sell—don’t miss this fantastic investment opportunity!
Presented By: Mark Perez with Circle Real Estate; 562-754-0660
Interior Features for 1260 E 49th Street
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsOneCommonWall
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesSeeRemarks
Total Stories1
Other Rooms
Entry Level1
General for 1260 E 49th Street
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate5.5
Carport Y/NNo
CityLos Angeles
Community FeaturesUrban
CountyLos Angeles
Days on Market1
DirectionsHooper Ave and 49th Street
Electric Expense1250.0
Electric On Property Y/NNo
Entry Locationbottom
Expected Active Date 2024-09-05
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income0.0
Home Owner AssocNo
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet6745.0
Lot Size UnitsSquareFeet
MLS AreaC34 - Los Angeles Southwest
MobileHomeRemainsYNNo
Net Operating Income41190.0
New ConstructionNo
NumberOfUnitsTotal3
Open Parking Spaces6.0
Operating Expense7626.0
Pool FeaturesNone
Private PoolNo
Property Sub Type AdditionalTriplex
Property SubTypeTriplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot22
TermsCash, CashToNewLoan, Contract
Trash Expense1376.0
View Y/NNo
Water Sewer Expense5000.0
Waterfront Y/NNo
Year Built1956
Year Built SourcePublicRecords
ZoningLAR2
Exterior for 1260 E 49th Street
Building Area Total2200.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre
Lot Size Acres0.1548
Lot Size Area6745.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking6.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480