Los Angeles, CA 90011 178 E 49th Street
$1,149,000
45 more
Presented By: Jesse Garcia with Global Premier Properties, Inc.; 818-270-8453
Beds • 6
Baths • 4
SQFT • 2,438
Garage • 2
Year Built • 1909
Home Details
Welcome to 178 E 48th St – a rare opportunity located just minutes from USC, Exposition Park, and Downtown LA. This fully vacant, income-producing property is a one-of-a-kind triplex that offers the flexibility and layout of five separate homes, all on one lot. Whether you're an investor looking to maximize cash flow or a homeowner looking to live in one unit and rent out the others, this property checks all the boxes. With three separate gas and electric meters, a spacious lot zoned LARD2, parking for up to seven cars, and plenty of outdoor space, there's room to grow, live, and earn. The property has been well maintained and kept clean, with all systems in good working condition. Delivered 100% vacant, this is the perfect blank canvas to create your ideal investment or multi-generational living setup. Opportunities like this don’t come around often – five homes, one lot, total flexibility. Come see the potential for yourself.
Presented By: Jesse Garcia with Global Premier Properties, Inc.; 818-270-8453
Interior Features for 178 E 49th Street
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace FeaturesLivingRoom
Fireplace Y/NYes
FlooringTile, Vinyl, Wood
Heating Y/NYes
Interior AmenitiesGraniteCounters, OpenFloorplan, RecessedLighting, JackAndJillBath, MainLevelPrimary, WalkInClosets
Laundry FeaturesCommonArea, InGarage
Total Stories2
Window FeaturesDoublePaneWindows
Other Rooms
Entry Level1
General for 178 E 49th Street
AccessibilitySafeEmergencyEgressFromHome, Other, Parking, SeeRemarks
Additional Parcels Y/NNo
AppliancesGasRange, Microwave, RangeHood
Architectural StyleCraftsman
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate7.17
Carport Y/NNo
CityLos Angeles
Community FeaturesBiking, StreetLights, Sidewalks, Park
Construction MaterialsStucco
ContingencySeller to find replacement Property.
CoolingWallWindowUnits
CountyLos Angeles
Current FinancingConventional
DirectionsLeft on Main St / Right on 49th St / Righthand side
ElectricStandard
Electric Expense0.0
Electric On Property Y/NNo
Entry LocationFront
Facing DirectionSouth
Fuel Expense0.0
Garage Spaces2.0
Garage Y/NYes
Gross Income139200.0
HOANo
HOA Fee$0.0
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense2200.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsMultiSplit
Listing TermsCash, Conventional, CalVetLoan, FHA, Submit, VaLoan
Lot Size Square Feet6751.0
Lot Size UnitsSquareFeet
MLS Area699 - Not Defined
MobileHomeRemainsYNNo
Net Operating Income85936.0
New ConstructionNo
Number Of Units Total3
Number of Units Leased0
Open Parking Spaces7.0
Operating Expense35.0
Other StructuresSheds, Storage, TwoOnALot
Pool FeaturesNone
PossessionSeeRemarks
Property Attached Y/NNo
Property ConditionUpdatedRemodeled, Turnkey
Property Sub Type AdditionalTriplex
Property SubtypeTriplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofAsphalt, Shingle
Security FeaturesCarbonMonoxideDetectors, FireDetectionSystem, SmokeDetectors
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot24
Tenant PaysAllUtilities
Trash Expense900.0
UtilitiesOther
ViewCityLights
Water Sewer Expense0.0
Year Built1909
Year Built SourcePublicRecords
ZoningLARD2
Exterior for 178 E 49th Street
Building Area Total2438.0
Crops Included Y/NNo
FencingAverageCondition, SeeRemarks, WroughtIron
Foundation DetailsCombination
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre, BackYard, FrontYard, NearPark
Lot Size Acres0.155
Lot Size Area6751.0
Lot Size SourceAssessor
Number of Buildings3
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters3
Open Parking Y/NNo
Parking FeaturesAsphalt, ConvertedGarage, Driveway, Gated, OnSite, RvAccessParking, OneSpace, Tandem, Uncovered
Private PoolNo
Road Frontage TypeCityStreet
Road Surface TypePaved
SpaNo
Total Parking9.0
Water SourcePublic
WaterfrontY/NNo
Additional Details
Price History
Clayton Bond
Sales Associate
Price
$1,149,000
MLS#SR25066244
List Date
03/26/2025
Property Type
Multi-Family
Phone
(949) 290-7647
