New Listing
$1,099,995
 $5,905 est/mo Sourced by Back At You

1148 E 48th Street , Los Angeles, CA 90011

Los Angeles, CA 90011

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Description

Introducing a charming 5-unit property ideal for both investors and owner users. The property includes a beautifully remodeled modern 3-bedroom, 1-bathroom unit in the rear, perfect for larger families or those needing extra space. This unit would also be perfect for an owner-user looking to live in this unit and rent out the remaining units to pay off their loan and all expenses! The front building features four spacious 2-bedroom, 1-bathroom units, perfect for small families or professionals looking for comfortable living. Each of these units boasts an open floor plan, ample natural light, and modern amenities, making them inviting and functional. Two of these units have been recently renovated. There is tremendous 97% rental upside if you take advantage of converting the 5 garages in the rear to two ADU units and renovating the two remaining units! The property is conveniently located near USC, parks, and shopping centers, enhancing its appeal. With a strong rental history and potential for increased income, this property presents a fantastic investment opportunity. Don't miss your chance to own this versatile and lucrative asset!

Details

MLS#DW24221573
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year1913
Days On Site5
Listing Provided ByKeller Williams SELA 562-334-1500 | Julio Garcia

Features

SQ Feet4,082
Garage5
Story(s)2
Units5
Building(s)2
ZoningLAR2
Acreage0.16

Market Activity 90011

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Listings Checked: 5 minutes ago
StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90011
AreaC42 Downtown L.A.
Listing VS Median (in 90011)
Price:
$1,099,995
low | high
Med:
$949,000
63.72688057673% of Average
SqFt:
4,082
low | high
Med:
1
100% of Average
$ / SqFt:
$269
low | high
Med:
$949,000
100% of Average
On Site:
5
low | high
Med:
133.000000
3.759398496241% of Average
Sourced by Back At You
Listing Updated: November 1, 2024 at 1:52:05 PM PDT
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