Apartments For Sale • 8,896 SF
Two bungalow-style properties sit directly across the street from each other and are situated west of South Figueroa Street |
533 W. 49th Street features eight (8) one-bedroom/one-bathroom unit, and one (1) two-bedroom unit and is offered at a low $121,000 per unit |
540 W. 49th Street is being offered at a 6% CAP Rate and 10.5 GRM at the Asking Price |
Both buildings are offered at a blended 5.51% CAP rate at the asking price with a significant rental upside, over 51% |
Recent capital improvements throughout the property at 540 W. 49th St, with new roofs, new plumbing, and new electrical systems |
Located in a dense, infill location of South Los Angeles with an easy commute to Downtown, Vernon, and the 110 or 10 Freeways |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) | 10 min | - | 6.2 mi |
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) | 12 min | - | 6.3 mi |
Airport | Drive | Walk | Distance |
Los Angeles International | 19 min | - | 10.1 mi |
Long Beach (Daugherty Field) | 25 min | - | 18.7 mi |
Bob Hope | 29 min | - | 21.3 mi |