1325 48th Active

Los Angeles,CA 90011

$ 939000

5 Beds

0 Bath

2292 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,292 sqft

Price per Sqft $409

MLS Listing ID CRSB24244146

Bedrooms 5

HOA Y/N No

Year Built 1930

Lot Size 4,989 Sqft

Acres 0.11

Property Description

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 delivered vacant by close, 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 7.29% to an impressive 12.63%, 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!

Location

State CA

County Los Angeles

Area Listing

Interior

Fireplace No

Laundry Inside

Exterior

Exterior Feature Other

Total Parking Spaces 4

Building

New Construction No

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