Overview
- 9
- 8
- 5248
- 1952
Description
Introducing 3101 W 48th St, Los Angeles, CA a well-kept two-story, 8-unit multifamily property located in the heart of Los Angeles. Built in 1952, the building offers 5,248 square feet of rentable space situated on a [lot size confirm once available].The unit mix features (8) one-bedroom, one-bath units, supported by four on-site parking spaces. The property has been well-maintained and provides steady tenant demand in a supply-constrained rental market.Offered at $1,450,000, this opportunity represents attractive fundamentals: a 6.15% CAP rate, 10.19 GRM, and $142,255 in annual income. The pricing also equates to $276.30 per square foot and approximately $181,250 per unit, offering both strong current yield and future rental upside potential.
Address
Open on Google Maps- Address 48th
- City Los Angeles
- State/county Los Angeles
- Zip/Postal Code 90043
Details
Updated on October 31, 2025 at 3:07 am- Property ID: HZ25540969
- Price: $1,450,000
- Property Size: 5248 Sq Ft
- Bedrooms: 9
- Bathrooms: 8
- Year Built: 1952
- Property Status: ResidentialIncome
- Listed by: Luis Ruiz
- DRE #: 01295320
- Contact Phone: 3232233881|1006
- Contact Mail: lu@larrealty.com
- Brokered by: LAR Realty, Inc.
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