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Two-Building Quadplex Property
For Sale
$825,000

624 E 49th St, Los Angeles, CA 90011

Four occupied rental units are arranged across two separate buildings near schools, recreation, transit, and major freeways.

Property Size2,936 SF
Lot Size0.15 Acres
Price / SF$280.99
Days on Market13

Property Features for 624 E 49th St

General Information

Standard status Active
Size 2,936 SF
Lot size 0.15 Acres
Property subtype MULTI_FAMILY
Occupancy 100%

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Gross Income $83,307
Multifamily Units 4

Building Details

Building Size 2,936 SF
Year Built 1959
Buildings 2
Listing Agency: Capital Brokers
Listed By: Eric Quiros · License #00846492
Source: Milsteinestates
Added: Aug 18 Changed: Aug 30 Last Checked: Aug 30 at 2:48AM

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 Capital Brokers

Investment Insights

Based on property information with market context.

This quadplex includes four rental units distributed between two separate buildings, with approximately 2,936 sq. ft. of living area on an approximately 6,600 sq. ft. lot. The property was built in 1959, and all four units are currently rented. It is being sold in its present condition.

The property is near South Park Recreation Center and 49th Street Elementary School, with access to Downtown LA, USC, public transportation, and major freeways. The existing four-unit configuration and current occupancy provide a straightforward multifamily layout for evaluation.

Key Highlights

  • Four rental units across two separate buildings
  • Approximately 2,936 sq. ft. of living area
  • Approximately 6,600 sq. ft. lot

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Acupuncture Bar & Pub

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,887
Businesses Nearby

Demographics for 90011, CA

102,308
Population
25,119
Households
4.1
Avg Household Size
30
Median Age
6%
College-Educated
43%
High-School Grad
4.3 sq mi
ZIP Area
23,793
Density / Sq Mi
$53,781
Median Household Income
$27,889
Median Earnings
$1,497
Median Rent
$575,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four occupied rental units are arranged across two separate buildings near schools, recreation, transit, and major freeways.
Where is this quadplex located?
The property is located at 624 E 49th St Los Angeles, CA.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Four rental units across two separate buildings; Approximately 2,936 sq. ft. of living area; Approximately 6,600 sq. ft. lot
More about this property
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