Remodeled 3-Unit
New
For Sale
$1,199,000
443 W 49th, Los Angeles, CA 90037
Separate gas and electric meters serve each residence, alongside shared laundry and covered carport parking.
Property Size4,275 SF
Days on Market6
Property Features for 443 W 49th
General Information
Standard status
Active
Size
4,275 SF
Property subtype
Triplex
Units
Unit Mix
2 x 4BR/3BA, 1 x 5BR/3BA
Multifamily Units
3
Additional Details
Utilities to Site
Yes
Amenities
communal laundry room
covered carport
Building Details
Building Size
4,275 SF
Year Built
1960
Year Renovated
2011
Buildings
1
Listing Agency:
Real Estate by Rina & Karen &
Listed By:
Rina Villeda · License #00918226
(562) 716-9807
Source:
Archetyperealty
Added: Oct 2
Changed: Oct 4
Last Checked: Oct 7 at 5:45PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Estate by Rina & Karen &
Investment Insights
Based on property information with market context.
This three-unit property was built in 1960, with all residences remodeled in 2011. Two units contain four bedrooms and three bathrooms apiece; the third has five bedrooms and three bathrooms. Interior updates included kitchen counters, windows, drywall, tankless water heaters, and wall heaters, as well as plumbing and electrical work. Hardwood flooring is present in each unit’s living room and bedrooms. Residents share a laundry room, and a covered carport provides parking. Gas and electricity are separately metered for every unit.
The property is approximately 1.5 miles from USC. Its Los Angeles location also places it within minutes of BMO Stadium, the Coliseum, Crypto.com Arena, the Grammy Museum, the LA Convention Center, Downtown LA, and Grand Central Market.
The property is approximately 1.5 miles from USC. Its Los Angeles location also places it within minutes of BMO Stadium, the Coliseum, Crypto.com Arena, the Grammy Museum, the LA Convention Center, Downtown LA, and Grand Central Market.
Key Highlights
- Three‑unit configuration with two 4‑bedroom, 3‑bathroom units and one 5‑bedroom, 3‑bathroom unit
- All three residences remodeled in 2011
- Separate gas and electric meters for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$71,425
Cap Rate
5.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,428,500
$1.4M
Cap Rate 7%
$1,020,357
$1.0M
Cap Rate 9%
$793,611
$793.6K
Market Conditions
NOI Build-Up for 4,275 SF
Gross rent
$104.7K $24.48/SF
− Vacancy
−$2.6K −$0.61/SF
EGI
$102.0K $23.87/SF
− OpEx
−$30.6K −$7.16/SF
NOI
$71.4K $16.71/SF
Area
ZIP 90037
Vacancy
2.50%
Lease Rate
$24.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,428,500
Cap Rate 7%
$1,020,357
Cap Rate 9%
$793,611
Alternative Uses
Best Use
Multifamily LT 5
$1.02M
$892.8K – $1.19M
NOI $71,425 @ 7.0% cap · market cap 5.96%
Second Best
Apartment 5plus
$906.9K
$793.5K – $1.06M
NOI $63,483 @ 7.0% cap · market cap 5.29%
Theoretical Best
Office A
$1.68M
$1.47M – $1.95M
NOI $117,257 @ 7.0% cap · market cap 9.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,914
Businesses Nearby
Explore this area
Business Placement
Demographics for 90037, CA
63,706
Population
18,709
Households
3.4
Avg Household Size
33
Median Age
9%
College-Educated
54%
High-School Grad
2.9 sq mi
ZIP Area
21,968
Density / Sq Mi
$56,417
Median Household Income
$29,857
Median Earnings
$1,438
Median Rent
$632,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Triplex - Separate gas and electric meters serve each residence, alongside shared laundry and covered carport parking.
Where is this triplex located?
The property is located at 443 W 49th Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Three‑unit configuration with two 4‑bedroom, 3‑bathroom units and one 5‑bedroom, 3‑bathroom unit; All three residences remodeled in 2011; Separate gas and electric meters for each unit
