687 E 49th, Vernon, California 90011, Vernon, 90011 - bed, bath

687 E 49th
Vernon, California 90011
Property Price
SUMMARY
Analysis of 687 E 49th, Vernon, California 90011 is currently available with a list price of $849,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Vernon Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property qualifies as excellent due to the brand-new ground-up construction of the third unit within the last year and the extensive recent remodeling of the front two units. The interiors feature modern quality standards including shaker-style cabinetry, quartz countertops, stainless steel appliances, recessed lighting, and new durable laminate flooring. With updated systems and a turnkey presentation, the property shows no signs of deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Modernized Triplex
The property features a brand-new, ground-up third unit and tastefully remodeled front and middle units, significantly reducing immediate capital expenditure for a new owner.
- Prime Investment Location
Situated minutes from Downtown LA, the Arts District, and USC, the property is positioned in a high-demand rental corridor with strong long-term appreciation potential.
- Immediate Cash Flow
The asset produces reliable rental income from day one, supported by stable, long-term tenants that provide financial security for investors.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3000, other record living area = 2203.
- Local School Ratings
The majority of nearby public schools have low ratings (2-3 out of 10), which may be a deterrent for families and impact long-term tenant profiles.
- Vintage Infrastructure
Despite recent remodels, the original 1910 construction date suggests that some underlying structural or utility components may still reflect the property's century-old age.
About 687 E 49th
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 won’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.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1910
- Lot Size
- 6,598 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Vernon Unified Schools
Forty-Ninth Street Elementary School
Grades K-5 • 0.1 mi
Sally Ride Elementary: A Smart Academy
Grades K-5 • 0.4 mi
Aurora Elementary School
Grades K-5 • 0.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 3,000 | 1,974 | 93% |
| Lot Size | 6,598 | 5,288 | 79% |
| Price | $849.0K | $710.0K | 79% |
| Price per sq ft | $283 | $345 | 24% |
| Built year | 1910 | 1912 | 48% |
| HOA | $0 | $0 | 50% |
| Days on market | 22 | 231 | 3% |
Pricing History
Listed for Sale
Feb 12, 2026
$849,000
Initial Listing
Sold
Sep 6, 2017
$475,000
Public Record
Sold
Apr 16, 2010
$185,000
Public Record
Sold
Feb 6, 2006
$515,000
Public Record
Sold
May 13, 1999
$175,000
Public Record
Sold
Nov 12, 1993
$135,000
Public Record








