862 E 49th Street, Los Angeles, California 90011, Los Angeles, 90011 - 0 bed, 0 bath
Loading property details...
Los Angeles, California 90011
This side-by-side duplex represents a High-Potential Investment Opportunity, listed at $599,000—positioned well above the $565,846 Fair Market Value by -5%. Featuring a 5,684 sq ft R2-zoned lot, this asset offers significant value-add potential through ADU development or modernization. Given the Condition Rating of 5, the property requires a comprehensive renovation of aging infrastructure. This is a strategic acquisition for Buy-and-Hold Investors or Contractors seeking to capitalize on the high-demand rental market near Exposition Park.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 862 E 49th Street Subject | $599,000* List Price | 0 | 0 | 1,761 | $321 | - |
A 1134 E 45th Street Sold | $575,000 | 4 | 4 | 2,037 | $282 | 0.4 mi |
B 203 E 56th Street Sold | $745,000 | 0 | 0 | 1,926 | $387 | 0.8 mi |
C 5125 Avenue Woodlawn Sold | $600,000 | 0 | 0 | 1,608 | $373 | 0.7 mi |
D 904 E 52nd Active | $615,000 List Price | 2 | 2 | 1,542 | $399 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1923 (100+ years old) with no mention of recent renovations to kitchens, bathrooms, or major systems. Exterior images show significant wear, weathered siding, and cracked concrete, indicating the property likely requires a full rehab to meet modern standards.
The side-by-side duplex configuration, featuring a 3-bedroom and a 2-bedroom unit, offers excellent flexibility for rental income or multi-generational living in a high-demand rental market.
Situated on a generous 5,684 sq ft R2-zoned lot, the property provides ample space for rear parking and potential for future improvements or ADU additions to maximize value.
The property is ideally located near Exposition Park, local schools, and parks, offering residents convenient access to major Los Angeles cultural landmarks and public amenities.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5684, other record lot size in square feet = 5620.
Built in 1923, the property may require significant capital investment to modernize aging systems such as plumbing, electrical, and roofing to meet contemporary building standards.
The majority of the assigned public schools in the immediate vicinity carry low performance ratings, which may limit the property's appeal to long-term family-oriented tenants.
Side-by-side duplex on a 5,684 sq ft R2 lot. Built in 1923, this property features a spacious 3 bed, 1 bath unit and a cozy 2 bed, 1 bath unit. Rear parking for residents. Great location near schools, parks, and accessible to Exposition Park. Ideal multi-generational living.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.3 mi
Grades K-5 • 0.3 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 | 1,761 | 2,177 | 22% |
| Lot Size | 5,684 | 5,307 | 66% |
| Price | $599.0K | $765.0K | 25% |
| Price per sq ft | $340 | $347 | 47% |
| Built year | 1923 | 1922 | 63% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 206 | 3% |
Jun 2, 2026
$599,000
Initial Listing
Aug 24, 2000
$165,000
Public Record
Oct 8, 1999
$474,545
Public Record