1148 East 48th Street
$1,099,995
11
5
4,082
4,082
$269
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...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!
- Listed by Julio Garcia • DRE #02177743 • Brokerage DRE #01978349 • Keller Williams SELA • 310-892-2696
Property Details for 1148 East 48th Street
Parking Spaces Total
5
Private PoolNo
Total Units5.0
Building TypeAttached
Lot Size SourceAssessor
Living Area4082
Assessor Parcel Number5107-019-013
Property Attached YNtrue
LISTING UPDATED: 10/29/2024 08:24 AM
Property Details for 1148 East 48th Street
Status | Active |
---|---|
MLS # | DW24221573 |
Days on Market | 9 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Residential Income |
Year Built | 1913 |
Lot Size | 0.16 AC / 6,814 SF |
County | Los Angeles County |
Building Information for 1148 East 48th Street
Stories2Residences-Year Built1913Building Size-Lot Size0.16 AC / 6,814 SF
Property Information for 1148 East 48th Street
Property History for 1148 East 48th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1148 East 48th Street
Taxable ValueLand$485,249Additions$446,206Total$931,455
Tax Record2024$12,195 ($1,016 / month)
Home Facts
Total Finished SqFt4,082 SqFtAbove Grade Finished SqFt4,082 SqFtLot Size6,814 SqFtStyleMulti-Family Res (5+ Units)Year Built1913ZoningLAR2CountyLOS ANGELESAPN5107-019-013
Schools near 1148 East 48th Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Charter - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Sally Ride Elementary: A Smart Academy PublicK to 5 | ||
Alliance Kory Hunter Middle Charter6 to 8 | ||
Nava College Preparatory Academy Public9 to 12 | ||
Thomas Jefferson Senior High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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