540 W 49Th Street, Los Angeles, CA 90037
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Listed Price :
$1,475,000
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Beds :
10
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Baths :
10
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Property Size :
4,539 sqft
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Year Built :
1929
Property Description
The subject property is positioned in a solid South Los Angeles location, south of W Vermont Avenue, west of S Figueroa Street. Built in 1929, 540 West 49th Street includes a streamlined unit mix of ten (10) one-bedroom / one-bathroom units. This rare, bungalow-style asset features a large center courtyard with easily maintained landscaping. This property offers great local amenities nearby including Exposition Park, The Coliseum, BMO Stadium, and The Natural History Museum. Along with these wonderful amenities South LA is one of the highest submarkets for annual rent growth according to CoStar. The property is also located in a position with very easy access to the -110, and -10 freeways offering great transportation options to several major employment hubs. Situated in a solid South LA location, this offering presents an excellent opportunity for any investor to capitalize on an attractive assumable loan in a rapidly developing pocket of Los Angeles.
Interior Features
Bedroom Information |
Bedrooms |
10 |
Bathroom Information |
Bathrooms |
10 |
Flooring Information |
Material |
Wood |
Listing Information
Address |
540 W 49Th Street |
City |
Los Angeles |
State |
CA |
Zip |
90037 |
County |
Los Angeles |
Listing Agent |
Jason Tuvia DRE #01772495 |
Courtesy Of |
Marcus & Millichap |
List Price |
$1,475,000 |
Status |
Active |
Type |
Residential Income |
Structure Size |
4,539 |
Lot Size |
6,797 |
Year Built |
1929 |
Listing information courtesy of: Jason Tuvia, Marcus & Millichap. *Based on information from the Association of REALTORS/Multiple Listing as of Jul 9th, 2024 at 9:05 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.