Properties

Los Angeles, CA 90011 687 E 49th

Pending
687 E 49th Los Angeles, CA - Image 1687 E 49th Los Angeles, CA - Image 2687 E 49th Los Angeles, CA - Image 3
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687 E 49th Los Angeles, CA - Image 4687 E 49th Los Angeles, CA - Image 5687 E 49th Los Angeles, CA - Image 6687 E 49th Los Angeles, CA - Image 7687 E 49th Los Angeles, CA - Image 8
Presented By: Collin Johnson with RE/MAX One; 818-667-2151
  • MLS# SR26031868
  • 02/12/2026
  • Get pre-approved
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  • Baths • 1
  • SQFT • 3,000

Home Details

***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 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 wonโ€™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.
Presented By: Collin Johnson with RE/MAX One; 818-667-2151

Interior Features for 687 E 49th

Other Interior Features

Air Conditioning Y/NYes
Common WallsNo Common Walls
Fireplace FeaturesNone
Fireplace Y/NNo
Laundry FeaturesWasher Hookup, Outside
Total Stories1

Other Rooms

Entry Level1

General for 687 E 49th

Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Cap Rate7.72
CityLos Angeles
Community FeaturesStreet Lights, Urban
CoolingDuctless, Heat Pump
CountyLos Angeles
DirectionsAvalon & Vernon
Entry Location1
Garage Spaces
Garage Y/NNo
Gross Income72600
Insurance Expense760
Land Lease Y/NNo
Listing TermsCash, Conventional, 1031 Exchange, FHA
Lot Size Square Feet6598
Lot Size UnitsSquare Feet
MLS AreaC42 - Downtown L.A.
Net Operating Income65540
New ConstructionNo
Number Of Units Total3
Operating Expense7060
Pool FeaturesNone
PostalCityLOS ANGELES
Property Attached Y/NNo
Property Sub Type AdditionalTriplex
Property SubtypeTriplex
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
SewerUnknown
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Tax Lot32
Tenant PaysAll Utilities
Trash Expense0
Water Sewer Expense300
Year Built1910
Year Built SourceEstimated

Exterior for 687 E 49th

Building Area Total3000
Lot Features2-5 Units/Acre
Lot Size Acres0.1515
Lot Size Area6598
Lot Size SourceEstimated
Number of Buildings3
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters1
Parking FeaturesGated, Paved
Private PoolNo
Total Parking0
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $849,000
MLS#SR26031868
List Date 02/12/2026
Property Type Multi-Family
Phone 888.795.6274
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Request Info
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