Property Details
About this Property
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!
MLS Listing Information
MLS #
CRDW24221573
MLS Source
California Regional MLS
Days on Site
55
Parking, School, and Other Information
Garage/Parking
Garage: 5 Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 4 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1148 E 48th St is a Residential Income in Los Angeles, CA 90011. This – square foot property sits on a 6,814 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,099,995 and was built in 1913. This address can also be written as 1148 E 48th St, Los Angeles, CA 90011.
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This listing information is up-to-date as of December 19, 2024. For the most current information, please contact Julio Garcia, (310) 892-2696
