Listing provided courtesy of Aaron Jacobson of Lyon Stahl Investment Real Estate, Inc.. Last updated 2024-11-22 09:11:45.000000. Listing information © 2024 CRMLS.

Asking Price: $939,000

1321 48th, Los Angeles CA 90011

Community: ​C42 - Downtown L.A.

Status: Active


This Quadruplex property was built in 1922 and is priced at $939,000. Please see the additional details below.
  • 0 Sq Ft
  • 0 bathrooms
  • 0 bedrooms
  • MLS#: 373525228
  • Type: Quadruplex
  • Year Built: 1922
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 currently renovated, 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 7.23% to an impressive 13.86%, 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!

Call or Email AK Luxury Properties now to inquire about this property

424-345-1600