Discover a strong cash-flowing asset in the heart of South Los Angeles. This five-unit apartment complex delivers a 7% cap rate and comes fully leased, offering immediate, stable income from day one. Each unit has been thoughtfully maintained with steady tenants, and low historical vacancy. Three of the units have been recently renovated. The property features a mix of 2- and 3-bedroom layouts, covered parking, and on-site laundry for added convenience. Gas and electric are separately metered, keeping operating expenses lean and predictable. Located near major transit corridors, retail, and employment hubs, this building sits in a rapidly improving pocket of LA with long-term appreciation potential. Whether you’re expanding your portfolio or securing your first multifamily investment, this property offers the rare combination of strong yield and solid fundamentals. Prime South Los Angeles location near USC, DTLA, and the 110 Freeway. This is a plug-and-play investment ready to perform from day one.
Property Details
Price:
$1,099,995
MLS #:
25621213
Status:
Active
Beds:
6
Baths:
5
Type:
Single Family
Neighborhood:
c42downtownla
Listed Date:
Dec 2, 2025
Finished Sq Ft:
4,082
Total Sq Ft:
4,082
Lot Size:
6,816 sqft / 0.16 acres (approx)
Year Built:
1913
See this Listing
Schools
Interior
Cooling
NO
Heating
WL
Exterior
Parking Spots
5
Financial
Map
Community
- Address1148 E 48th ST Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90011
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Feb 10, 2026
6,230
Single Family Listed
66
Avg DOM
519
Avg $ / SqFt
$1,494,282
Avg List Price
Property Summary
- 1148 E 48th ST Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90011. It is listed for $1,099,995 and features 6 beds, 5 baths, and has approximately 4,082 square feet of living space, and was originally constructed in 1913. The current price per square foot is $269. The average price per square foot for Single Family listings in Los Angeles is $519. The average listing price for Single Family in Los Angeles is $1,494,282.
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1148 E 48th ST
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