136 West 48th Street

Los Angeles, CA 90037

$1,850,000
Price
9
Beds
9
Baths
4,150 Sq. Ft.
$446 / Sq. Ft.
4,150
Sq. Ft.
$446
per Sq. Ft.
a front view of a large white building
front view of a building
a view of a garage
a view of a backyard
a front view of a house with a yard

Description

Very desirable income producing triplex (townhome style units). The triplex consists of (3) 3-Bedroom / 3-Bathroom units. Unit 136 is 1406sf, Unit 138 is 1466sf and unit 138 1/2 is 1285sf. There is a master ensuite unit with walk-in closet, freestanding tubs and balcony in each unit. 6 of the 9 Bedrooms have their own balcony. Views of Downtown in the front unit. The property has (1) two-car side by side garage (rented by one of the tenants) and two single parking spaces located in the rear of the...Very desirable income producing triplex (townhome style units). The triplex consists of (3) 3-Bedroom / 3-Bathroom units. Unit 136 is 1406sf, Unit 138 is 1466sf and unit 138 1/2 is 1285sf. There is a master ensuite unit with walk-in closet, freestanding tubs and balcony in each unit. 6 of the 9 Bedrooms have their own balcony. Views of Downtown in the front unit. The property has (1) two-car side by side garage (rented by one of the tenants) and two single parking spaces located in the rear of the property. Each unit includes separate entrances, high efficient tankless water heaters, dual pane vinyl windows, quartz countertops, wood shaker cabinets, waterproof laminate flooring throughout, Berber carpet on the stairs, mirrored closet doors, frameless shower doors, Mitsubishi multizone mini-split celling mounted AC/Heat units throughout (individually controlled per room) and rooftop solar for each unit. The property has artificial lawn to minimize maintenance and water usage. This is new construction, no rent control! Each unit is newly rented. This is a stabilized asset. Agents bring your investors!
  1. Listed by Joseph Fleischaker • DRE #01801069 • Brokerage DRE #01801069 • Joseph Fleischaker, Broker • 949-705-9889

Property Details for 136 West 48th Street

Architectural Style
Contemporary, Modern
View
City Lights, Mountain(s), Neighborhood
Parking Spaces Total
4
Private Pool
No
Cooling Type
Zoned Area(s), Other/Remarks
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
LISTING UPDATED: 09/16/2024 11:19 PM

Property Details for 136 West 48th Street

StatusActive
MLS #OC24192351
Days on Market62
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2024
Lot Size0.11 AC / 4,752 SF
CountyLos Angeles County

Building Information for 136 West 48th Street

Stories3Residences-Year Built2024Building Size-Lot Size0.11 AC / 4,752 SF

Property Information for 136 West 48th Street

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas, Parking Fee, See Remarks, Telephone, Trash Collection
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $135,468
  • Vacancy Allowance Rate: 0
  • Gross Operating Income: $135,468
  • Net Operating Income: $100,148
  • Gross Multiplier: 13.66
  • Cap Rate: 5.41
  • Current Financing: Private
Expense Details
  • Operating Expense: $35,320
  • New Taxes Expense: $20,812
  • Gardener Expense: $1,080
  • Electric Expense: $828
  • Insurance Expense: $5,600
  • Trash Expense: $0
  • Water Sewer Expense: $7,000
  • Total Expenses: $35,320
Tax / Assessment Info
  • Tax Tract Number: 000000
  • Tax Census Tract: 2319.01
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 47
Community / Development
Community / Development
  • Accessibility Features: None
  • Disability Access: None
  • Assessments YN: No
  • Assessments: None
  • Community Features: Curbs, Gutters, Park, Sidewalks, Storm Drains, Street Lights, Urban
Property / Structure Info
Interior Features
  • Appliances: ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Free-Standing Range, Disposal, Gas Water Heater, High Efficiency Water Heater, Hot Water Circulator, Ice Maker, Instant Hot Water, Microwave, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Water Line to Refrigerator
  • Equipment: Dryer, Dryer Included, Gas Or Electric Dryer Hookup, Ice Maker, Inside, Laundry Closet Stacked, Microwave, On Upper Level, Refrigerator, Stackable W/D Hookup, Vented Exhaust Fan, Washer, Washer Hookup, Washer Included, Water Line to Refrigerator
  • Interior Features: Balcony, Ceiling Fan(s), High Ceilings, Quartz Counters, Recessed Lighting, Unfurnished
  • Room Type: All Bedrooms Up, Entry, Kitchen, Laundry, Primary Bathroom, Primary Bedroom, Primary Suite, Walk-In Closet
  • Bedroom Features: All Bedrooms Up, WalkInCloset
  • Water Heater Features: Gas, Hot Water Circulator, Instant Hot Water, Tankless
  • Water Heater Type: Gas, Tankless
  • Laundry: Yes
  • Laundry Features: Dryer Included, Gas & Electric Dryer Hookup, Inside, Upper Level, Stackable, Washer Hookup, Washer Included
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Ductless, Electric, ENERGY STAR Qualified Equipment, High Efficiency, SEER Rated 16+, See Remarks, Zoned
  • Heating Type: Ductless, Electric, ENERGY STAR Qualified Equipment, Heat Pump, High Efficiency, Other, Zoned
  • Heat Source: Electric
  • Heating: Ductless, Electric, ENERGY STAR Qualified Equipment, Heat Pump, High Efficiency, See Remarks, Zoned
  • Heat Equipment: Zoned Areas, Other/Remarks
  • Flooring: Carpet, Laminate
Exterior Features
  • Door Features: ENERGY STAR Qualified Doors, Insulated Doors, Mirror Closet Door(s), Sliding Doors
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows, Screens
  • Security Features: Fire and Smoke Detection System, Fire Rated Drywall, Fire Sprinkler System, Security Lights, Smoke Detector(s)
  • Construction Materials: Drywall Walls, Plaster, Spray Foam Insulation, Stucco, Synthetic Stucco
  • Exterior Construction: Plaster, Stucco, Synthetic Stucco
  • Exterior: Stucco
  • Exterior Features: Lighting, Rain Gutters
  • Roof: Asphalt, Bitumen, Fiberglass, Flat, Reflective
  • Entry Location: 1
  • Fence: Yes
  • Fence: Masonry, Redwood, Wood, Wrought Iron
  • Fencing: Excellent Condition, Masonry, New Condition, Redwood, Wood, Wrought Iron
  • Foundation Details: Slab
  • Other Structures: Accessory Dwelling Unit
  • Property Condition: Turnkey, Under Construction
  • View Description: City Lights
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Green Info
  • Walk Score: 79
  • Green Energy Efficient: Appliances, Construction, HVAC, Insulation, Lighting, Roof, Thermostat, Water Heater
  • Green Energy Generation: Solar
  • Green Water Conservation: Water-Smart Landscaping
Land/Lot Info
  • Lot Features: 26-30 Units/Acre, Front Yard, Landscaped, Lawn, Level with Street, Rectangular Lot, Level, Near Public Transit, Park Nearby, Paved, Utilities - Overhead, Yard
  • Direction Faces: North
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: Three Or More
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: 220 Volts in Garage, Electricity - On Property, Photovoltaics Seller Owned
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Assigned, Controlled Entrance, Door Opener, Driveway, Electric Vehicle Charging Station(s), Garage, Garage - 2 Car, Gated, Offsite, Parking Space, Private, Side By Side, Uncovered
  • Uncovered Spaces: 2
  • Open Other Spaces Total: 2
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: Assigned, Controlled Entrance, Covered, Driveway, Concrete, Driveway Level, Electric Vehicle Charging Station(s), Garage, Garage Faces Front, Garage - Two Door, Garage Door Opener, Gated, Off Site, On Site, Parking Space, Private, Side by Side, Uncovered
Property / Structure Info
  • Builder Name: Platinum Pacific Construction
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,850
  • Unit Type Total Rent: $46,200
  • Unit Type Pro Forma: 46200
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,850
  • Unit Type Total Rent: $46,200
  • Unit Type Pro Forma: 46200
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,589
  • Unit Type Total Rent: $43,068
  • Unit Type Pro Forma: 43068
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 3
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 0
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Number With Carpet: 3
  • Number With Disposal: 3
  • Number With Drapes: 0
  • Number With Patio: 6
  • Number Wall AC: 0

Property History for 136 West 48th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 136 West 48th Street

Taxable ValueLand$480,727Additions$240,000Total$720,727
Tax Record2024$8,814 ($734 / month)
Home Facts
Total Finished SqFt1,208 SqFtAbove Grade Finished SqFt1,208 SqFtLot Size4,752 SqFtStyleDuplexYear Built1907ZoningLAR2CountyLOS ANGELESAPN5110-018-024

Schools near 136 West 48th Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
West Vernon Avenue Elementary School
Public - K to 5
William Jefferson Clinton Middle School
Public - 6 to 8
Thomas Jefferson Senior High School
Public - 9 to 12
Nava College Preparatory Academy
Public - 9 to 12
Rating
School
Distance
West Vernon Avenue Elementary School
PublicK to 5

William Jefferson Clinton Middle School
Public6 to 8

Thomas Jefferson Senior High School
Public9 to 12

Nava College Preparatory Academy
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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More information about 136 West 48th Street, Los Angeles, CA 90037

136 West 48th Street is a multi-family home for sale in Los Angeles, CA 90037. This property was listed for sale on September 1, 2024 by Joseph Fleischaker, Broker, it's currently listed at $1,850,000. It has been on the market for a total of 62 days and was last sold on March 22, 2021. This listing's school district is Los Angeles Unified School District. Nearby schools include West Vernon Avenue Elementary School, William Jefferson Clinton Middle School and Thomas Jefferson Senior High School. 136 West 48th Street is a 9-bed, 9-bath, 4,150 sqft multi-family home built in 2024.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Joseph Fleischaker, Broker, Joseph Fleischaker, DRE #01801069

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.