Welcome to 1585 E 48th Pl. This duplex offers exceptional value and opportunity for investors and first-time home-buyers alike. Built in 2008, this property is not subject to the City of Los Angeles Rent Stabilization Ordinance. The newer construction includes amenities such as central AC and washer dryer hookups in each unit. Two spacious units across 2,465 sq ft of livable space: unit 1583 downstairs is 3 bed 2 bath; unit 1585 upstairs is 3 bed 2 bath. Unit 1585 is rented to a steady long-term tenant. Unit 1583 is vacant and move-in ready. The 4,350 sq ft lot includes a spacious parking lot with carport. The property is conveniently located near schools, parks, shopping, and more. This property is ideal for investors seeking an outstanding 7.3% CAP rate from day one, first-time home-buyers to live in the vacant unit, or developers considering future repositioning.
Property Details
Price:
$829,000
MLS #:
PW26163974
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Duplex
Neighborhood:
c42downtownla
Listed Date:
Aug 14, 2026
Total Sq Ft:
2,465
Lot Size:
4,350 sqft / 0.10 acres (approx)
Year Built:
2008
See this Listing
Schools
Interior
Cooling
CA
Flooring
TILE, LAM
Heating
CF
Laundry Features
GAS, IK, WH
Levels
U
Exterior
Common Walls
NCW
Community Features
SDW, SL, URB, CRB, CW
Parking Spots
4
Parking Total
4
Financial
Maintenance Fee
$2,800
Map
Community
- Address1585 E 48th PL 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 Aug 16, 2026
7,924
Single Family Listed
85
Avg DOM
424
Avg $ / SqFt
$1,572,038
Avg List Price
Property Summary
- 1585 E 48th PL Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90011. It is listed for $829,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 2008. The average price per square foot for Single Family listings in Los Angeles is $424. The average listing price for Single Family in Los Angeles is $1,572,038.
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Courtesy of Yorkshire Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.1585 E 48th PL
Los Angeles, CA