Listing provided courtesy of Jerome McAlpin of McAlpin & Company. Last updated 2025-01-31 09:11:26.000000. Listing information © 2024 CRMLS.

Asking Price: $1,050,000

947 48th, Los Angeles CA 90037

Community: ​C34 - Los Angeles Southwest

Status: Active


This property was built in 1908 and is priced at $1,050,000. Please see the additional details below.
  • 0 Sq Ft
  • 0 bathrooms
  • 0 bedrooms
  • MLS#: 373719089
  • Type:
  • Year Built: 1908
We are excited to offer this 3 Unit income property for sale. Price was just reduced making the GRM 10.84 and the CAP is 5.99! It consists of all 2-bedroom units and is currently producing $8,069.00 per month. Two of the rents have been increased by $102, however Section 8 is still processing them and they are not reflected in the current rent. The building was constructed in 1908 and consists of 1,848 square feet. It sits on a 6,772 square foot lot, which is zoned LARD2. This investment is a great opportunity to produce long term cash flow and possible future development. Please make offers subject to inspection, as this will be shown with accepted offers only.

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

424-345-1600