13 days on rocket

483 E 49th St, Los Angeles, CA, 90011

$825,000

Home List Price

$9,797*

Closing Credit

0 Baths
4,134 SqFt
$200/SqFt
House
Schools Nearby

Location

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483 E 49th St, Los Angeles$825,000

Buyer Closing Credits

$9,797*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingDriveway
Year Built1909
HeatingNone
CoolingNone
MLS #24389143
Lot Size0.17 Acres
StatusActive

About 483 E 49th St

483 E49th St in the South Park neighborhood of Los Angeles, located between Avalon Blvd & San Pedro St and just north ofthe South Park Recreation Center.The property features two structures, a fourplex made up of two one-bedrooms and two two-bedrooms and a threebedroomADU at the rear of the property that was constructed in 2022; the ADU is currently vacantThere are ten parking spaces; gas and electricity are separately meteredThe property is REO Lender owned and is being offered at a low $165,000 per unit and $200 PSF at the asking priceThe ADU totals 808 SF with an open layout between the kitchen and living rooms; the master bedroom has an ensuitebathroom; features include vinyl plank flooring, new appliances, recessed lighting and new cabinetryUnits within the fourplex are well-maintained with original finishes, but can be further enhanced when unit turnoveroccurs with new flooring, paint, appliances, lighting enhancements and updated kitchens and bathrooms to achievemarket rentsLocated in a dense, infill location of South Los Angeles with an easy commute to Downtown and Vernon; close distance to multiple Metro local lines on Avalon Blvd and 1.4 miles from the Metro A Rail Line

Property Details

Property Features

Property Information:

  • Year Built: 1909
  • Stories: 0
  • Living Area: 4,134 SqFt

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (310) 909-5500
  • Listing Agent: Neema Ahadian

Exterior Features

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

School Info

Assigned Schools Information:

  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • George Washington Carver Middle School, Public District Grades 6-8
  • Studio, Public District Grades 6-8
  • Forty-Ninth Street Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Point Fermin Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: Located between Avalon Blvd & San Pedro St and just north ofthe South Park Recreation Center

Price Information

Listing Price Info

Price Summary:

  • List Price: $825,000
  • Price Per SqFt: $200/SqFt

Tax Information:

  • Annual Amount: $5,556
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

483 E 49th St vs Los Angeles

13 DAYS ON ROCKET

-21 Days

$825,000

-$161.4K Less

$200/SqFt

-$432 Less

KEY TAKEAWAY

This property is $161.4K less than the Median Sold Price and $432/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24389143

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (310) 909-5500
  • Listing Agent: Neema Ahadian

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2024, 6:20:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 03, 2021Home Sold
$675,000
Feb 06, 1991Home Sold
$198,500
Nov 02, 1989Home Sold
$139,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,556$423,230
2020$5,400$418,891
2019$5,239$410,678
2018$5,130$402,627
2017$5,130$394,733

History based on county public records data.

Payment Calculator

$4,185

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,540

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4271249
3
/10

  • Forty-Ninth Street Elementary School

  • 750 E 49th St

  • 0.29 miles

  • Public District Grades KG-5

school-card-donut-4271250
9
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 7.42 miles

  • Public Magnet Grades KG-6

school-card-donut-4271251
6
/10

  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 19.72 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-4271252
2
/10

  • George Washington Carver Middle School

  • 4410 Mckinley Ave

  • 0.40 miles

  • Public District Grades 6-8

school-card-donut-4271253
4
/10

  • Studio

  • 2211 W Avenue 30

  • 7.50 miles

  • Public District Grades 6-8

High School

school-card-donut-4271254
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 4.12 miles

  • Public Magnet Grades 9-12

school-card-donut-4271255
7
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 18.91 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,964. The majority of Los Angeles, CA residents have income less than $35k annually. Residents typically live in married, with kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 483 E 49th St

What is the listing price of this property?

The listing price of 483 E 49th St property is $825,000.

What type of property is this?

The property 483 E 49th St is a house located in Los Angeles, California, 90011.

Is this property for sale now?

Active Listing: 483 E 49th St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 483 E 49th St are:
Forty-Ninth Street Elementary School: GreatSchools Rating 3/10
Melrose Avenue Elementary School: GreatSchools Rating 9/10
Point Fermin Elementary School: GreatSchools Rating 6/10
George Washington Carver Middle School: GreatSchools Rating 2/10
Studio: GreatSchools Rating 4/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,556 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 3, 2021 for $675,000. (source: MLS/tax record).

What is the square footage of this property?

The property 483 E 49th St is 4,134 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 483 E 49th St is 1909.

Rocket Homes›California›Los Angeles County›Los Angeles›90011›483 E 49th St

This home is located at 483 E 49th St in Los Angeles, CA and zip code 90011 in the South LA neighborhood. This 4,134 square foot home, which was built in 1909, sits on a 0.17 acre lot. It has been listed on Rocket Homes since May 15, 2024 and is currently priced at $825,000.

In April 2024 more than 701 listings in Los Angeles, CA were sold above the asking price. During the same period more than 204 listings were sold at asking price, while more than 629 were sold below. The number of homes for sale in Los Angeles, CA increased by 14.9% between March 2024 and April 2024. Listings spent 34 days on the market in April 2024, and had a median list price of $986,427 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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