1321 E 48th Street new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90011
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25003293
Bedrooms 5
HOA Y/N No
Lot Size 4,989 Sqft
Property 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, its a perfect opportunity to occupy one unit, have two units cover your mortgage, and enjoy pure profit from the fourth unit. Dont miss this rare chance to maximize value in a sought-after area!
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, its a perfect opportunity to occupy one unit, have two units cover your mortgage, and enjoy pure profit from the fourth unit. Dont miss this rare chance to maximize value in a sought-after area!
Location
State CA
County Los Angeles
Area Los Angeles (90011)
Zoning Assessor
Building
Lot Description Sidewalks
Story 1
Lot Size Range 4000-7499 SF
Others
Monthly Total Fees $35
Acceptable Financing Conventional,Exchange,FHA,Land Contract
Listing Terms Conventional,Exchange,FHA,Land Contract