Los Angeles, CA 90011,1148 E 48th St
Los Angeles, CA 90011,1148 E 48th St
Los Angeles, CA 90011,1148 E 48th St
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$1,099,995
Est. payment /mo
6 Beds
5 Baths
4,082 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,082 sqft

Price per Sqft $269

MLS Listing ID 25621213

Bedrooms 6

Year Built 1913

Lot Size 6,816 Sqft

Acres 0.1565

Property Sub-Type Multi-Family

Property Description

Discover a strong cash-flowing asset in the heart of South Los Angeles. This five-unit apartment complex delivers a 7% cap rate and comes fully leased, offering immediate, stable income from day one. Each unit has been thoughtfully maintained with steady tenants, and low historical vacancy. Three of the units have been recently renovated. The property features a mix of 2- and 3-bedroom layouts, covered parking, and on-site laundry for added convenience. Gas and electric are separately metered, keeping operating expenses lean and predictable. Located near major transit corridors, retail, and employment hubs, this building sits in a rapidly improving pocket of LA with long-term appreciation potential. Whether you're expanding your portfolio or securing your first multifamily investment, this property offers the rare combination of strong yield and solid fundamentals. Prime South Los Angeles location near USC, DTLA, and the 110 Freeway. This is a plug-and-play investment ready to perform from day one.

Location

State CA

County Los Angeles

Area Downtown L.A.

Zoning LAR2

Rooms

Other Rooms Other

Interior

Heating Wall

Cooling None

Equipment None

Exterior

Parking Features Carport Detached

Garage Spaces 5.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard


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TheMLS (CLAW)
Listed by Atlas Real Estate Corporation

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Kirshner Elkin Properties

+1(424) 214-0133

hello@kirshnerelkinproperties.com

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