Investor’s Dream in Los Angeles! Unlock the full potential of this rare gem featuring two separate homes on one lot, complete with a detached garage. Perfectly designed for generating multiple streams of income or expanding your rental portfolio. The front house is move-in ready, ensuring premium rental or resale value. The rear unit, offering 2 bedrooms and 1 bath, is ideal for consistent rental income, or housing extended family. Maximize your ROI by living in one home while renting the other, or rent both and enjoy steady cash flow in one of LA’s most sought-after neighborhoods. Don’t miss this exceptional opportunity to combine comfort and financial flexibility in the heart of the city! Whether you’re a seasoned investor or just starting, this property is a prime addition to your portfolio.
Property Details
Price:
$799,000
MLS #:
24460099
Status:
Active
Baths:
0
Address:
281 E 48th Place
Type:
Residential Income
Neighborhood:
c42downtownla
City:
Los Angeles
Listed Date:
Nov 5, 2024
State:
CA
ZIP:
90011
Lot Size:
5,242 sqft / 0.12 acres (approx)
Year Built:
1913
See this Listing
Mortgage Calculator
Schools
Interior
Heating
Central
Exterior
Foundation Details
F H A Approved
Parking Features
Driveway
Parking Spots
2.00
Stories Total
1
Financial
Tenant Pays
Gas, Electricity
Map
Community
- Address281 E 48th Place Los Angeles CA
- AreaC42 – Downtown L.A.
- CityLos Angeles
- CountyLos Angeles
- Zip Code90011
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Courtesy of Altura 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 2024. California Regional Multiple Listing Service. All rights reserved.
281 E 48th Place
Los Angeles, CA
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