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1260 E 49th St, Los Angeles, CA, 90011

$699,000

Home List Price

$8,301*

Closing Credit

0 Baths
Multi

Location

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1260 E 49th St, Los Angeles$699,000

Buyer Closing Credits

$8,301*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
Year Built1956
MLS #RS24209910
Lot Size0.15 Acres
StatusActive

About 1260 E 49th St

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!

Property Details

Property Features

Property Information:

  • Year Built: 1956
  • Stories: 1

Listing Office:

  • Office Name: Circle Real Estate
  • Office Phone: (562) 754-0660
  • Listing Agent: Mark Perez

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Other

Directions Information:

  • Directions: Hooper Ave and 49th Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,000

Tax Information:

  • Annual Amount: $5,360
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

1260 E 49th St vs Los Angeles

42 DAYS ON ROCKET

+4 Days

$699,000

-$324.4K Less

KEY TAKEAWAY

This property is $324.4K less than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #RS24209910

Listing Office:

  • Office Name: Circle Real Estate
  • Office Phone: (562) 754-0660
  • Listing Agent: Mark Perez

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 4:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 22, 2014Home Sold
$370,000
Mar 31, 2000Home Sold
$130,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,360$419,021
2020$5,206$414,725
2019$5,093$406,594
2018$4,985$398,623
2017$4,985$390,808

History based on county public records data.

Payment Calculator

$3,556

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,162

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-813952
2
/10

  • Hooper Elementary School

  • 1225 E 52nd St

  • 0.15 miles

  • Public District Grades 1-5

school-card-donut-813953
4
/10

  • Sally Ride Elementary School

  • 1041 E 46th St

  • 0.34 miles

  • Public District Grades KG-5

school-card-donut-813954
5
/10

  • Aurora Elementary School

  • 1050 E 52nd Pl

  • 0.35 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,915. Typical income of Los Angeles, CA residents is less than $35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90011›1260 E 49th St

This home is located at 1260 E 49th St in Los Angeles, CA and zip code 90011 in the South LA neighborhood. This home, which was built in 1956, sits on a 0.15 acre lot. It has been listed on Rocket Homes since October 11, 2024 and is currently priced at $699,000.

Los Angeles, CA housing market in October 2024 saw over 598 listings sold above listed price, more than 191 sold at listed price and over 753 sold below. In October 2024 in Los Angeles, CA there were 11.2% more homes for sale than in September 2024. While the average time on the market in October 2024 was 38 days, the median list price was $1,023,474.

From Rocket Homes Real Estate and based on county public records data.

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