Description
709 E 49th Street is a duplex in South LA with stunning architecture & curb appeal. Top heavy unit mix of a 3+1 front house, and a 2+1 in the back. Great opportunity for a first-time investor at a favorable $625k asking price. Currently grossing $42,936/year in income with approximately 30% rental upside, and low in-place expenses. Each unit pays for trash, is separately metered for both gas & electricity, and has their own water heater which makes this a low operating cost investment. This property is located on a safe & family friendly street across from an elementary school. Quick drive to all of the community attractions and developments at Exposition Park, USC and DTLA, and blocks away from the 10 Freeway entrance/exit for mobility.
Location
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Listing Agent: Jonathan Rawson
Listing Office: Avenue Realty Group
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