1363 E 49th, Los Angeles, California 90011, Los Angeles, 90011 - 0 bed, 0 bath
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Los Angeles, California 90011
This High-Yield Residential Income Asset is listed at $850,000, carrying a premium over the $598,173 Fair Market Value justified by its substantial $5,200 monthly rental income. The property is a Legally Zoned Duplex currently configured into three units plus an unpermitted ADU, offering significant revenue-generating potential. Despite a Condition Rating of 5 requiring capital expenditures for system upgrades, the cooperative tenant base provides immediate cash flow. Situated near Vernon City Elementary and Jefferson Senior High, this is a strategic acquisition for Buy-and-Hold Investors or Value-Add Specialists.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1363 E 49th Subject | $750,000* List Price | 0 | 0 | 1,391 | $409 | - |
A 1684 E Martin Luther King Jr Boulevard Sold | $665,000 | 5 | 2 | 1,544 | $431 | 0.9 mi |
B 1375 E 46th Street Sold | $815,000 | 0 | 0 | 1,803 | $452 | 0.3 mi |
C 1362 E Vernon Active | $799,000 List Price | 0 | 0 | 1,150 | $695 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1959, this property is over 60 years old. While some cosmetic updates are visible, such as newer kitchen cabinets, countertops, and flooring, the overall condition is significantly impacted by its age and the explicit mention of 'unpermitted conversions' and the likelihood of 'significant capital expenditures for system upgrades (plumbing, electrical) and general maintenance.' The kitchen features a mix of newer appliances (microwave, dishwasher) and an older range, and the light fixtures are basic. No bathroom images were provided, suggesting they are likely outdated. The unpermitted units pose substantial legal and potential safety risks, requiring significant rehabilitation to bring the property into compliance and address underlying system deficiencies.
The property generates substantial immediate income with a total current rent of $5200/month from its various units.
The property is officially recognized as a duplex on title, providing a solid legal foundation for a multi-unit investment.
Existing tenants are described as cooperative and pay on time, indicating stable rental income and reduced management hassle.
The detached garage is an unpermitted ADU, and the main home has been internally divided into two units, which may also lack proper permits, creating legal and financial liabilities for a new owner.
Built in 1959, the property is over 60 years old, likely requiring significant capital expenditures for system upgrades (plumbing, electrical) and general maintenance to ensure long-term viability and compliance.
The current configuration with multiple unpermitted units and divisions increases the risk of code violations, which could lead to fines, forced remediation, or reduced rental income if units cannot be legally rented.
Cash Flowing investment. This Property is a duplex on title. The main home is originally laid out as a 3 bedroom 2 bathroom. Home is currently divided to 1bedroom/1bath front unit collecting 2000.00 in rent. Rear unit is 2 bedroom/1bathroom collecting 2700 in rent. The back house is 1 bedroom 1 bathroom collecting $500. In addition the home has a detached garage the home seller was using as an unpermitted Adu for additional income. Great tenants, all very cooperative and pay onetime. Easy to show.
No exterior & parking available.
Grades 1-5 • 0.3 mi
Grades K-5 • 0.3 mi
Grades K-5 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,391 | 1,974 | 12% |
| Lot Size | 5,008 | 5,288 | 39% |
| Price | $750.0K | $750.0K | 50% |
| Price per sq ft | $539 | $387 | 82% |
| Built year | 1959 | 1912 | 85% |
| HOA | $0 | $0 | 50% |
| Days on market | 155 | 209 | 21% |
Apr 19, 2026
$750,000
$850,000
-12% Price Drop
Initial Listing
Nov 18, 2025
$850,000
Initial Listing
Sep 28, 2023
$571,000
Public Record
Sep 20, 2013
$200,000
Public Record