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$1,099,995

Beds
Unknown
sq ft
Unknown

1148 E 48th St, Los Angeles, CA 90011

1148 E 48th St

Los Angeles, CA 90011

  • 55 days on market
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!

Details

Property type

Mixed Use

Lot size

6,814 sq ft

Price per sq ft

Unknown

Year built

1913

Price History

10/29/2024
CRMLS

CRMLS #DW24221573

Listed
$1,099,995

Schools & Community

Neighborhood: 

Southeast Los Angeles

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Park, Street Lights, Suburban, Sidewalks

Status: Active

Tomo last checked: 12/23/2024 at 8:10 AM

Listing updated: 12/04/2024 at 9:10 PM

Listed by: Julio Garcia, Keller Williams SELA Phone #: (562) 334-1500

MLS: CRMLS #DW24221573

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