1732 W 48th ST Active

Los Angeles,CA 90062

$ 1250000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25130229

HOA Y/N No

Year Built 1924

Lot Size 7,501 Sqft

Property Sub-Type Quadruplex

Property Description

1732 W 48th St is a well-maintained fourplex located in one of the quickly growing subpockets of Los Angeles. This 5,162 SF 4 Unit property is situated on an expansive 7,502 SF lot, offering tons of development potential and very strong immediate cash flow. This asset is ideal for any owner/user or investor looking for a positive cash flowing asset in a thriving neighborhood.
Priced at 242/SF, this asset is one of the lowest $/SF properties in the area with 31% in Rental Upside. A majority of the units have been renovated and it is a very low maintenance building. All units have their own tankless water heaters, trash bins and have newer plumbing, electric and roofs. All (4) 2-Bed/1-Bath are massive and are an average of 1290 SF each.
1732 W 48th St is located just minutes from USC, Downtown LA, Gilbert Lindsay Park, Exposition Park, Lucas Museum, Art's District, The Reef, BMO Stadium, LA Live and billions of dollars worth of development pouring into the neighborhood.

Location

State CA

County Los Angeles

Area Phht - Park Hills Heights

Zoning LAR2

Interior

Fireplace No

Laundry None

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Curbs,Suburban,Sidewalks,Urban

Total Parking Spaces 4

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5016025010

Acceptable Financing Cash,Cash to Existing Loan,Cash to New Loan,Conventional,FHA

Listing Terms Cash,Cash to Existing Loan,Cash to New Loan,Conventional,FHA

Special Listing Condition Standard

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