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 delivered vacant by close, 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 7.29% to an impressive 12.63%, 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!
MLS #
CRSB24244146
MLS Source
California Regional MLS
Days on Site
18
Appliances
Other
Pool
None
Garage/Parking
Garage: 0 Car(s)
Listing Agent
Aaron Jacobson
Lyon Stahl Investment Real Estate, Inc.
License #: 02100737
Phone: (310) 729-1559
Co-Listing Agent
Cameron Samimi
Lyon Stahl Investment Real Estate, Inc.
License #: 02035763
Phone: –
# Buildings | # Leased Units | # Total Units |
---|---|---|
2 | – | 4 |
1325 48th is a Residential Income in Los Angeles, CA 90011. This – square foot property sits on a 4,989 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $939,000 and was built in 1930.
This address can also be written as 1325 48th, Los Angeles, CA 90011.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of December 05, 2024. For the most current information, please contact Aaron Jacobson, (310) 729-1559