$945,000
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1321 48th Street Los Angeles, CA 90011
Fourplex
Residence
Beds
Baths
2,292
Sq. Ft.
0.11
Acre
Lot
Property Activity
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4-unit turn-key property with 3/4 units that will be delivered vacant and
rent ready. Updated electrical and new copper
plumbing. The building features one 2-bed/1-bath
unit and three 1-bed/1-bath units, with 3 of the 4
units currently renovated, offering a prime opportunity
for an investor or ...owner-occupier.
4 uncovered parking spaces in the rear can be
converted to two stacked ADUs. With this addition,
the cap rate jumps from an already attractive
7.02% to an impressive 13.86%, offering substantial
returns.
For investors, this is a cash cow with the ability to
stabilize and generate significant cash flow. For
owner-users, it’s a perfect opportunity to occupy
one unit, have two units cover your mortgage, and
enjoy pure profit from the fourth unit. Don’t miss this
rare chance to maximize value in a sought-after
area!
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MLS#
SB24219241
Property Type
Fourplex
Status
Year Built
1922
Square Feet
2,292
sq. ft
Lot Size
0.11
Sewer
Public Sewer
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