687 E 49th, Vernon, CA 90011

• 3,000 sqft

Property Description

E 49th Street presents an exceptional turnkey triplex opportunity in a centrally located pocket near Downtown Los Angeles, ideal for both investors and owner-occupants. The third unit was built completely ground-up within the last year, offering modern construction, updated systems, and long-term peace of mind. The front and middle units have been tastefully remodeled with contemporary finishes and functional layouts leaving a bit of room for some cosmetic updates, creating a clean, well-maintained property where you won’t need to lift a finger on repairs. The property produces strong, reliable rental income, including a few long-term tenants that provide stability and consistent cash flow from day one. The location offers outstanding accessibility and convenience, situated just minutes from Downtown LA, the thriving Arts District, USC, LA Live, Crypto.com Arena, BMO Stadium, Exposition Park, and the Fashion District. The surrounding area continues to experience growth driven by nearby employment hubs along the Alameda Corridor, as well as expanding dining, coffee, brewery, entertainment, and creative business spaces throughout the Arts District. With easy access to the 10, 110, 5, and 101 freeways, commuting throughout Los Angeles is seamless, making this a highly desirable rental location. This is a rare opportunity to acquire a low-maintenance, income-producing asset in a high-demand market with strong long-term upside.

Listing Status:

Active

Date Added:

February 12, 2026

Data Last Updated:

February 15, 2026 at 12:18AM

Listing Office:

RE/MAX One : 818-366-3300

Listing Agent:

Collin Johnson : 818-366-3300

MLS ID:

SR26031868

Interior

• Laundry: Washer HookupOutside
• A/C: DuctlessHeat Pump
• Fireplace: None

Exterior

• Pool: None
• Parking: GatedPavedParking spaces: 0

Construction

• General: 1

Location

• Originating MLS: CRMLS_CRM
• County: Los Angeles

Lot

• Zoning: 5108009004

Utilities

• Water: Public
• Sewer: Unknown

Financial

• Source: CRMLS_CRM