1321 E 48th Street
Los Angeles, CA, 90011
$995,000
Beds
0 Baths
SqFt
0.11 Acres
Add
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

Price:
$995,000
MLS #:
SB25003293
Status:
Active
Baths:
0
Address:
1321 E 48th Street
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
c42downtownla
City:
Los Angeles
Listed Date:
Jan 6, 2025
State:
CA
ZIP:
90011
Lot Size:
4,989 sqft / 0.11 acres (approx)
Year Built:
1922
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Garage Spaces
0.00
Lot Features
0-1 Unit/ Acre
Parking Spots
4.00
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None
Sewer
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Stories Total
1
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1321 E 48th Street
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