1818 West 49th Street

Los Angeles, CA 90062

$1,010,000
Last Sold Price
8
Beds
4
Baths
2,928 Sq. Ft.
$345 / Sq. Ft.
2,928
Sq. Ft.
$345
per Sq. Ft.

Description

Great Investment Property! Front house built in 2008 with 4 large bedrooms, two bathrooms, large living room and open kitchen. Kitchen was redone in 2018 with quartz counters and new cabinets. This home is currently rented for $3300/month and per ZIMAS measures 1729sf. Very Spacious! Rear unit is also 4bed 2baths build above the 4 car garages. It features hardwood floors, open kitchen 2 large and 2 smaller bedrooms and can be delivered vacant or with tenant paying $2900/month. Per Zimas, rear unit...Great Investment Property! Front house built in 2008 with 4 large bedrooms, two bathrooms, large living room and open kitchen. Kitchen was redone in 2018 with quartz counters and new cabinets. This home is currently rented for $3300/month and per ZIMAS measures 1729sf. Very Spacious! Rear unit is also 4bed 2baths build above the 4 car garages. It features hardwood floors, open kitchen 2 large and 2 smaller bedrooms and can be delivered vacant or with tenant paying $2900/month. Per Zimas, rear unit measures 1200. Each unit has a master bedroom with walk in closet. Both bathrooms in rear unit have been updated. There are four individual garages and the units are stand alone with no shared walls. Rear unit has separate laundry room. Low maintenance property that is a great money maker. Very private on a large lot with great outdoor space. Very central location with easy access to freeways, new train line, and USC. Buyer to verify accuracy of all information and satisfy self as to all aspects of the property including bed/bath count, square footage, lot size, etc. Please do not disturb tenants or walk the property. Buyer to cooperate with seller 1031 exchange at no cost to buyer. Sale subject to seller finding suitable replacement property. Dogs on property do not enter without appointment.
  1. Listed by Mark Alan Walker • DRE #01309961 • Brokerage DRE #01703618 • Nourmand & Associates-HW

Property Details for 1818 West 49th Street

Water Front
None
Zoning
LAR2
Style
Traditional
Parcel Number
5015006004
Total Units
2.0
Living Area
2928
Source Living Area
Assessor
Area
Park Hills Heights (PHHT)

Location

Listing Courtesy of Nourmand & Associates-HW, Mark Alan Walker, DRE #01309961

Sold By Dream Realty Asset Mgt, Inc., Janice Jeong Lee, DRE #01898929

Add your commute
LISTING UPDATED: 07/19/2021 05:20 PM

Property Details for 1818 West 49th Street

StatusSold
MLS #21-725090
Days on Market14
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2008
Lot Size0.17 AC / 7,510 SF
CountyLos Angeles County

Location

Listing Courtesy of Nourmand & Associates-HW, Mark Alan Walker, DRE #01309961

Sold By Dream Realty Asset Mgt, Inc., Janice Jeong Lee, DRE #01898929

Add your commute

Building Information for 1818 West 49th Street

Stories-Residences-Year Built2008Building Size-Lot Size0.17 AC / 7,510 SF

Payment Calculator

$6,581 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,512

Property Taxes

$1,069

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1818 West 49th Street

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 2
  • Type Of Units: Detached
  • View: No
  • View Description: None
  • View: None
  • Security Features: Carbon Monoxide Detector(s), Gated, Smoke Detector
  • Direction Faces: North
  • Water: Public
  • Water Heaters: Yes
  • Water Heater Features: Water Heater Unit
Contract Info
Contract Info
  • Probate: No
  • Financing: Submit
  • Disclosures: Subject To Other
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $74,400
  • Net Operating Income: $64,400.00
  • Gross Income: $74,400
  • Gross Rent Multiplier: $13.16
  • Owner Pays: Gardener, Water
  • Total Annual Expense: 10000
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1724
  • Lot Size Square Feet: 7510
  • Lot Features: Front Yard
  • Lot Description: Front Yard
Parking Details
Parking Details
  • Parking Garage: Garage - 4+ Car
  • Total Parking: 6
  • Covered Parking: 4
  • Open Other Spaces Total: 2
  • Garage Spaces Total: 4
  • Garage Structures Total: 1.0
Interior Features
Interior Features
  • Room Type: Center Hall, Living Room, Master Bathroom, Walk-In Closet
  • Rooms: Breakfast Area, Center Hall, Living Room, Master Bedroom, Walk-In Closet
  • Levels: Multi/Split
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Cooling: None
  • Cooling Type: None
  • Heating: Radiant
  • Heating Type: Radiant
  • Flooring: Tile, Hardwood
  • Equipment: Gas Dryer Hookup, Built-Ins, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator, Washer
  • Interior Features: Detached/No Common Walls, Turnkey
  • Bathroom Features: 2 Master Baths, Remodeled
  • Bedroom Features: Master Bedroom
  • Common Walls: Detached/No Common Walls
  • Cooking Appliances: Free Standing Gas
  • Laundry: Inside
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis: No
  • Tennis Court: None
  • Entry Location: Main Level
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Foundation Details: Combination
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 04-28-2021
  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection
Unit Details
Unit 1 Information
  • Unit Beds: 4
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,300.00
  • Unit Actual Rent: $3,300.00
  • Unit Projected Rent: $3,300.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 4
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,900.00
  • Unit Actual Rent: $2,900.00
  • Unit Projected Rent: $2,900.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
  • Number of Dishwasher: 1
  • Number of Disposal: 2
  • Number of Electric Meters: 2
  • Number of Gas Meters: 2
  • Number Range: 2
  • Number Refrigerator: 2
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $327,726.00
  • Assessed Improvement Percent: 42.0
  • Assessed Land Value: $452,574.00
  • Assessed Land Percent: 58
  • Assessed Total Value: $780,300.00

Property History for 1818 West 49th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1818 West 49th Street

Taxable ValueLand$714,000Additions$316,200Total$1,030,200
Tax Record2023$12,832 ($1,069 / month)
Home Facts
Total Finished SqFt2,928 SqFtAbove Grade Finished SqFt2,928 SqFtLot Size7,510 SqFtStyleDuplexYear Built2008ZoningLAR2CountyLOS ANGELESAPN5015-006-004

Schools near 1818 West 49th Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 8
Public - 6 to 9
Public - 9 to 12
Rating
School
Distance
Angeles Mesa Elementary School
PublicK to 5

Western Avenue Technology Magnet
PublicK to 8

Barack Obama Global Preparation Academy
Public6 to 9

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Nourmand & Associates-HW, Mark Alan Walker, DRE #01309961

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.