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

687 E 49th, Vernon, California 90011 home-pic-0

687 E 49th

Vernon, California 90011

ACTIVE
CONDITION: EXCELLENT
0Beds
0Baths
3,000Sq Ft
6,598Lot Size

Property Price

LIST PRICE$849,000

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

Excellent
TeardownExcellent

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

2/10

Sally Ride Elementary: A Smart Academy

Grades K-5 • 0.4 mi

3/10

Aurora Elementary School

Grades K-5 • 0.4 mi

2/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds--
50%
Baths--
50%
Square foot3,0001,974
93%
Lot Size6,5985,288
79%
Price$849.0K$710.0K
79%
Price per sq ft$283$345
24%
Built year19101912
48%
HOA$0$0
50%
Days on market22231
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

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