947 West 48th Street
$1,249,000
3
3
1,848
1,848
$676
Description
We are excited to offer this 3 Unit income property for sale. It consists of all 2 bedroom units and is currently producing $8,069.00 per month. Two of the rents have been increased by $102, however Section 8 is still processing them and they are not reflected in the current rent. The building was constructed in 1908 and consists of 1,848 square feet. It sits on a 6,772 square foot lot, which is zoned LARD2. This investment is a great opportunity to produce long term cash flow and possible future...We are excited to offer this 3 Unit income property for sale. It consists of all 2 bedroom units and is currently producing $8,069.00 per month. Two of the rents have been increased by $102, however Section 8 is still processing them and they are not reflected in the current rent. The building was constructed in 1908 and consists of 1,848 square feet. It sits on a 6,772 square foot lot, which is zoned LARD2. This investment is a great opportunity to produce long term cash flow and possible future development. Please make offers subject to inspection, as this will be shown with accepted offers only.
- Listed by Jerome McAlpin • DRE #00939725 • Brokerage DRE #00939725 • McAlpin & Company
Property Details for 947 West 48th Street
Zoning
LARD2
Parcel Number5018010034
Total Units3.0
Living Area1848
Source Living AreaVendor Enhanced
AreaLos Angeles Southwest (C34)
Vacancy Rate0
Lot Size Area6772
LISTING UPDATED: 12/16/2024 02:41 PM
Property Details for 947 West 48th Street
Status | Active |
---|---|
MLS # | 24-472403 |
Days on Market | 6 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1908 |
Lot Size | 0.16 AC / 6,772 SF |
County | Los Angeles County |
Building Information for 947 West 48th Street
Stories-Residences-Year Built1908Building Size-Lot Size0.16 AC / 6,772 SF
Property Information for 947 West 48th Street
Property History for 947 West 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 947 West 48th Street
Taxable ValueLand$141,235Additions$50,860Total$192,095
Tax Record2024$2,679 ($223 / month)
Home Facts
Total Finished SqFt1,848 SqFtAbove Grade Finished SqFt1,848 SqFtLot Size6,770 SqFtStyleTriplexYear Built1908ZoningLARD2CountyLOS ANGELESAPN5018-010-034
Schools near 947 West 48th Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 2 | |||
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Dr. James Edward Jones Primary Center PublicK to 2 | ||
Marguerite Poindexter Lamotte Elementary PublicK to 5 | ||
John Muir Middle School Public6 to 8 | ||
Manual Arts 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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