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Millman Team Real Estate

$1,200,000
8 Bed
4 Bath
3,321 Sqft
0.14 Acre Lot

1063 E 49th Place, Los Angeles, California 90011

  • Residential Property Type
  • 3,321 Sqft Square Footage
  • Driveway Cars Garage
  • 1922 Year Built
Property Description

Rare Los Angeles Fourplex — One Unit Delivered Vacant! Rare opportunity to own a well-maintained four-unit income property in Los Angeles with income today and flexibility from day one. Three units are currently tenant occupied and producing rent, while a spacious 2-bedroom, 2-bath unit is vacant — giving the new owner options no fully-occupied fourplex can offer. Lease it at current market rent, move in, or upgrade and maximize income — the choice is yours. And because this is a 2–4 unit property, owner-occupant buyers may qualify for low-down-payment financing not available on larger investment buildings (buyer to verify with lender). Live in one, and let three rental units help carry the payment. The property also features ample on-site parking, including a large parking pad plus a separate fully paved bonus parking lot — a rare and valuable feature for Los Angeles multifamily, and a real advantage when leasing. Set on a generous 5, 914 sq ft lot with convenient access to shopping, dining, public transportation, major freeways, and employment centers throughout Los Angeles. 4 units · 8 bedrooms · 4 baths · 3, 321 sq ft · 5, 914 sq ft lot · Built 1922 · Offered at $1, 200, 000 Three units leased. One unit vacant. One rare chance. Showings available now — call today.

Basic Details
Residential
For Sale
PW26148827
$1,200,000
Neighborhood
8
4
3,321 Sqft
1922
0.14 Acre
Active
4
Quadruplex
Features
: None
: None
: None
: Driveway
: Common Area
: Public Sewer
$0
Address Map
CA
Los Angeles
Los Angeles
90011
49th
1063
Place
W119° 44' 22.1''
N33° 59' 54.3''
49th Pl
C42 - Downtown L.A.
E
Neighborhood
Los Angeles Unified
Additional Information
$0
$0
$0
$0
$0
: Parking
: Sidewalks
1
: Two
: Near Public Transit
4
2026-07-10
2
2
: Public
Broker/Agent Information
eXp Realty of California Inc
Jeff Anderson
Listing Information
Jacob Avery
PWAVEJAC
PB16251
eXp Realty of California Inc
PANDEJEF
PB22090
Cash, Cash to New Loan, Conventional
Active
2026-08-17T18:48:42Z
CRMLS
: Standard
2026-07-10T12:39:18Z
Agent info
Ray Millman
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