Property listed by RE/MAX One, Collin Johnson 818-667-2151
$849,000
***One of units may be delivered vacant. Seller inteds to update second unit at no cost to buyer.*** E 49th Street presents an exceptional turnkey triplex opportunity in a centrally located pocket near Downtown Los Angeles, ideal for both investors and owner-occupants. The third unit was built completely ground-up… Read More within the last year, offering modern construction, updated systems, and long-term peace of mind. The front and middle units have been tastefully remodeled with contemporary finishes and functional layouts leaving a bit of room for some cosmetic updates, creating a clean, well-maintained property where you won’t need to lift a finger on repairs. The property produces strong, reliable rental income, including a few long-term tenants that provide stability and consistent cash flow from day one. The location offers outstanding accessibility and convenience, situated just minutes from Downtown LA, the thriving Arts District, USC, LA Live, Crypto.com Arena, BMO Stadium, Exposition Park, and the Fashion District. The surrounding area continues to experience growth driven by nearby employment hubs along the Alameda Corridor, as well as expanding dining, coffee, brewery, entertainment, and creative business spaces throughout the Arts District. With easy access to the 10, 110, 5, and 101 freeways, commuting throughout Los Angeles is seamless, making this a highly desirable rental location. This is a rare opportunity to acquire a low-maintenance, income-producing asset in a high-demand market with strong long-term upside. Read Less
Listing Snapshot
Days Online
26
Last Updated
Property Type
Triplex
Lot Size
0.15 Acres
Year Built
1910
MLS Number
SR26031868
Additional Details
Building
Built in 1910, 3 buildings, 1 storey, Entry level: 1, Entry location: 1
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Based on information from California Regional Multiple Listing Service, Inc. as of 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. Properties may or may not be listed by the office/agent presenting the information.
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