$ 1,099,995
1148 E 48th Street Los Angeles, CA 90011
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Julio Garcia • Keller Williams SELA
$ 1,099,995
Est. payment /mo
New
1148 E 48th Street Los Angeles, CA 90011
4,082 SqFt
UPDATED:
10/30/2024 07:36 AM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,082 sqft
Price per Sqft $269
MLS Listing ID CRDW24221573
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1913
Lot Size 6,814 Sqft
Property 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!
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Laundry Room
Building
Water Public
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