Rare opportunity to own a triplex in the heart of LA where 1 unit will be delivered vacant so you have the option to live in 1 and collect rent from the other 2 units to offset the cost of your living OR move in tenants of your choice to collect rent on all 3 units for passive income! The front unit is being used as a 3 bedroom 2 bathroom home, the middle unit as a 2 bedroom 1 bathroom home with an attached garage being used as the 2nd bedroom, and the rear unit as a 2 bedroom 1 bathroom home. All 3 units are separate buildings with no common walls and have separate electric and gas meters as well as ample parking space behind a wrought iron security gate. The front unit has been recently renovated and will be delivered vacant Centrally located to the 110/10 freeways, Downtown LA, venues, parks, and shopping centers so with a little TLC this property will offer a great return on your investment!
Property Details
Property Features
Property Information:
Year Built: 1907
Stories: 1
Listing Office:
Office Name: Keller Williams SELA
Office Phone: (323) 353-4788
Listing Agent: Gilbert Navarro
Exterior Features
Exterior Information:
Private Pool: No
Lot Features
Lot Information:
Lot: Back Yard, Front Yard
Lot Size: 0.15 Acres
Other
Directions Information:
Directions: main cross streets are Avalon Blvd and E Vernon Ave
Price Information
Listing Price Info
Price Summary:
List Price: $749,000
Tax Information:
Annual Amount: $6,603
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $274.4K 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: #DW24239140
Listing Office:
Office Name: Keller Williams SELA
Office Phone: (323) 353-4788
Listing Agent: Gilbert Navarro
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, 11:55:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Sep 11, 2020
Sep 11, 2020Home Sold
$530,000
Apr 22, 2020
Apr 22, 2020Home Sold
$420,000
Dec 04, 1997
Dec 04, 1997Home Sold
$249,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$6,603
$530,000
2020
$4,370
$347,471
2019
$4,287
$340,659
2018
$4,196
$333,981
2017
$4,196
$327,434
History based on county public records data.
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
49th Street Elementary School
750 E 49th St
Distance between this listing and this school0.06 miles
Public District Grades KG-5
4
/10
Sally Ride Elementary School
1041 E 46th St
Distance between this listing and this school0.40 miles
Public District Grades KG-5
5
/10
Aurora Elementary School
1050 E 52nd Pl
Distance between this listing and this school0.45 miles
Public District Grades KG-5
Nearby Schools
2
/10
George Washington Carver Middle School
4410 McKinley Ave
Distance between this listing and this school0.35 miles
Public District Grades 6-8
3
/10
Los Angeles Academy Middle School
644 E 56th St
Distance between this listing and this school0.56 miles
Public District Grades 6-8
4
/10
Alliance College-Ready Middle Academy 12
131 E 50th St
Distance between this listing and this school0.59 miles
Public Charter Grades 6-8
Nearby Schools
2
/10
Maya Angelou Community High School
300 E 53rd St
Distance between this listing and this school0.42 miles
Public District Grades 9-12
7
/10
Synergy Quantum Academy
300 E 53rd St
Distance between this listing and this school0.44 miles
Public Charter Grades 9-12
8
/10
Alliance Patti and Peter Neuwirth Leadership Academy
4610 S Main St
Distance between this listing and this school0.64 miles
The neighbors living near this home have an average income of $36,398. The most common annual income of people living in Los Angeles, CA is less than $35k. Most families are married, with kids. The majority of residents in this area have high school diploma education.
This home is located at 695 E 49th St in Los Angeles, CA and zip code 90011 in the South LA neighborhood. This home, which was built in 1907, sits on a 0.15 acre lot. It has been listed on Rocket Homes since November 23, 2024 and is currently priced at $749,000.
Over 598 listings were sold over their listed price in October 2024 in Los Angeles, CA. In the same period over 753 listings were sold below the listed price and 191 listings were sold for the listed price. The inventory of homes for sale in Los Angeles, CA between September 2024 and October 2024 increased by 11.2%. 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.