$1,099,995
1148 E 48th St, Los Angeles, CA 90011
- 11Beds
- 5Baths
- 4082SqFt
- 11Beds
- 5Baths
- 4082SqFt
- Property TypeCondo
- Year Built1913
- Price per Sqft$269
- On highrises24 Days
- Garage5 Cars
Property Details
Introducing a charming 5-unit property ideal for both investors and owner users. The property includes a beautifully remodeled modern 3-bedroom, 1-bathroom unit in the rear, perfect for larger families or those needing extra space. This unit would also be perfect for an owner-user looking to live in this unit and rent out the remaining units to pay off their loan and all expenses! The front building features four spacious 2-bedroom, 1-bathroom units, perfect for small families or professionals looking for comfortable living. Each of these units boasts an open floor plan, ample natural light, and modern amenities, making them inviting and functional. Two of these units have been recently renovated. There is tremendous 97% rental upside if you take advantage of converting the 5 garages in the rear to two ADU units and renovating the two remaining units! The property is conveniently located near USC, parks, and shopping centers, enhancing its appeal. With a strong rental history and potential for increased income, this property presents a fantastic investment opportunity. Don't miss your chance to own this versatile and lucrative asset!
Property Features
Bedrooms
- Bedrooms: 11
Property History
Neighborhood
Environmental Risk
- Presented by:
- Julio Garcia
- state license#02177743
- Brokered by:
- Keller Williams Realty Downey
- (562) 334-1500