Millman Team Real Estate

$1,600,000
7 Bed
7 Bath
3,532 Sqft
0.17 Acre Lot

871 E 49th Street, Los Angeles, California 90011

  • Residential Income Property Type
  • 3,532 Sqft Square Footage
  • None Cars Garage
  • 1914 Year Built
Property Description

871875 E. 49th Street presents a compelling multi-unit investment opportunity located in a rapidly improving area near USC. The property consists of seven (7) residential units spread across three (3) separate buildings, offering a desirable low-density layout and flexible unit mix.Per title records, the property reflects 7 bedrooms and 7 bathrooms. However, several units have had additional, unpermitted bedrooms added, resulting in a current functional configuration of approximately 11 bedrooms and 7 bathrooms. Select units have been remodeled over time as they became vacant, with improvements varying by unit. The property offers upside potential through continued renovations, stabilization, and optimization of rents. The location is a strong draw for tenants, situated near the University of Southern California, within close proximity to shopping, dining, and public transportation, and positioned in an up-and-coming neighborhood experiencing ongoing investment and redevelopment. This property may be attractive to investors seeking value-add potential in a high-demand rental market. Buyer to conduct their own independent due diligence with respect to unit count, square footage, bedroom configuration, permits, zoning, and any other matters of material importance. Agents and sellers make no representations or warranties, express or implied, regarding the accuracy of information provided rare opportunity to acquire a multi-building asset in a prime infill location with long-term growth prospects.

Basic Details
Residential Income
For Sale
26644433
$1,600,000
7
7
3,532 Sqft
1914
0.17 Acre
Active
Features
: Wall Furnace
: None
: None
: Ceiling Fan(s)
$0
Address Map
CA
Los Angeles
Los Angeles
90011
49th
871
Street
W119° 44' 22.9''
N33° 59' 58.4''
S. VERNON AVE, W. CENTRAL AVE
C42 - Downtown L.A.
E
LAR2
Additional Information
$0
$0
$0
$0
$0
3532
: One
7
2026-02-02
1
Broker/Agent Information
Coldwell Banker Realty
Elanit Ellie Kohansedgh
Listing Information
Payam Shamouil
CLW-C101101
CLW-B2000101
Coldwell Banker Realty
CLW-X66015
CLW-B2000101
Active
2026-02-25T22:33:04Z
CRMLS
: Standard
2026-02-02T00:00:00Z
Agent info
Ray Millman
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