Property Details
About this Property
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 7.02% 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!
MLS Listing Information
MLS #
CRSB24219241
MLS Source
California Regional MLS
Days on Site
27
Exterior Features
Pool
None
Parking, School, and Other Information
Garage/Parking
Garage: 0 Car(s)
Contact Information
Listing Agent
Aaron Jacobson
Lyon Stahl Investment Real Estate, Inc.
License #: 02100737
Phone: (310) 729-1559
Co-Listing Agent
Cameron Samimi
Lyon Stahl Investment Real Estate, Inc.
License #: 02035763
Phone: –
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | – | 4 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1321 E 48th St is a Residential Income in Los Angeles, CA 90011. This – square foot property sits on a 4,989 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $945,000 and was built in 1922. This address can also be written as 1321 E 48th St, Los Angeles, CA 90011.
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This listing information is up-to-date as of October 27, 2024. For the most current information, please contact Aaron Jacobson, (310) 729-1559
