7 months on rocket

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

$1,148,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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625 E 49th St, Los Angeles$1,148,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingAssigned
Garage2 spaces
Year Built1948
HeatingCentral
CoolingNone
FireplaceNone
ViewNone
MLS #PW24080691
Lot Size0.13 Acres
StatusActive

About 625 E 49th St

An investment property is suitable for the owner to live in and manage. This is an excellent opportunity to own a 4-unit property. Gross rental income of $8403 per month is equipped with 10 bedrooms and 4 bathrooms. Potential ADU more income. Enough parking space and easy alley access.

Property Details

Property Features

Property Information:

  • Year Built: 1948
  • Stories: 2

Listing Office:

  • Office Name: Bestway Realty
  • Office Phone: (213) 923-6689
  • Listing Agent: Jay Kang

Interior Features

Interior Information:

  • Appliances: Gas Range
  • Flooring Type: Laminate, Tile
  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Assigned

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: None

Other

Directions Information:

  • Directions: AVALON + 49TH ST

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,148,000

Tax Information:

  • Annual Amount: $11,147
  • 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

625 E 49th St vs Los Angeles

212 DAYS ON ROCKET

+174 Days

$1,148,000

+$124.5K More

KEY TAKEAWAY

This property is $124.5K more 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: #PW24080691

Listing Office:

  • Office Name: Bestway Realty
  • Office Phone: (213) 923-6689
  • Listing Agent: Jay Kang

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: 11/22/2024, 1:20:51 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

Mar 24, 2021Home Sold
$875,000
Sep 28, 2018Home Sold
$875,000
Sep 29, 2017Home Sold
$571,000
Jun 22, 2009Home Sold
$623,020
Jan 10, 2007Home Sold
$700,000
Apr 17, 2000Home Sold
$330,000
Apr 17, 2000Home Sold
$330,000
Aug 09, 1999Home Sold
$135,000
Apr 03, 1998Home Sold
$245,000
Apr 03, 1998Home Sold
$170,000

Tax History

YEARPROP. TAXASSESSMENT
2021$11,147$901,746
2020$10,818$892,500
2019$10,126$875,000
2018$5,660$810,000
2017$5,660$437,985

History based on county public records data.

Payment Calculator

$5,797

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,508

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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-486372
3
/10

  • 49th Street Elementary School

  • 750 E 49th St

  • 0.14 miles

  • Public District Grades KG-5

school-card-donut-486373
4
/10

  • Sally Ride Elementary School

  • 1041 E 46th St

  • 0.49 miles

  • Public District Grades KG-5

school-card-donut-486374
5
/10

  • Aurora Elementary School

  • 1050 E 52nd Pl

  • 0.53 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 $36,398. Most Los Angeles, CA residents have annual incomes less than $35k. The majority of families are married, with kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90011›625 E 49th St

This home is located at 625 E 49th St in Los Angeles, CA and zip code 90011 in the South LA neighborhood. This home, which was built in 1948, sits on a 0.13 acre lot. It has been listed on Rocket Homes since April 23, 2024 and is currently priced at $1,148,000.

While more than 598 listings in Los Angeles, CA in October 2024 were sold above asking price, there were more than 191 listings sold at asking price, and more than 753 were sold below. The number of homes for sale in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. The median list price of listings available in October 2024 was $1,023,474, while the average time on the real estate market was 38 days.

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

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