CA > Los Angeles
Los Angeles, CA 90011,1321 E 48th Street
Los Angeles, CA 90011,1321 E 48th Street
Los Angeles, CA 90011,1321 E 48th Street
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Listed by Aaron Jacobson • Lyon Stahl Investment Real Estate, Inc.
$995,000
Est. payment /mo
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2,292 SqFt
Active

1321 E 48th Street Los Angeles, CA 90011

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Max Manatt

Max Manatt

+1(925) 980-3375

UPDATED:

01/08/2025 10:03 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,292 sqft

Price per Sqft $434

MLS Listing ID CRSB25003293

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1922

Lot Size 4,989 Sqft

Property Description

4-Unit Turnkey property to be delivered FULLY VACANT by close of escrow. Updated electrical and new copper plumbing. The building features one 2- bed/1-bath unit and three 1-bed/1-bath units, with all 4 units delivered vacant, 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 8.26% to an impressive 13.31%, 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!

Location

State CA

County Los Angeles

Interior

Fireplace No

Laundry No Hookups

Building

Water Public

Bay East AOR and Contra Costa AOR
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

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Max Manatt

Agent | License ID: 01957416

+1(925) 980-3375

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