Listing provided courtesy of Aaron Jacobson of Lyon Stahl Investment Real Estate, Inc.. Last updated 2025-02-01 09:10:37.000000. Listing information © 2024 CRMLS.
Asking Price: $995,000
1321 48th, Los Angeles CA 90011
Community: C42 - Downtown L.A.
Status: Active
This Quadruplex property was built in 1922 and is priced at $995,000. Please see the additional details below.
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!