1321 E 48th Street
Los Angeles, CA 90011
0.11 acres | #SB25003293
Description
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!
Property Details
- Lot DescriptionZeroToOneUnitAcre
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- CountyLos Angeles
- MLS #SB25003293
- Property SubtypeQuadruplex
- MLS #SB25003293
- Original List Price$995,000
- Acres0.1145
- Utility SourcePublic
- Cost995000
- Year Built1922
- Stories1
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Aaron Jacobson (#SBJACOAAR)
Listing Office: Lyon Stahl Investment Real Estate, Inc. (#SB1310620)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
