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Listed by: Julio Garcia (310) 892-2696 DRE #02177743 | Atlas Real Estate Corporation (310) 975-2570
$1,099,995
11 Beds
- 5 Baths
4,082sqft
1148 E 48Th St, Los Angeles, CA 90011
$1,099,995
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Multi Family
Built in 1913
$-- HOA
6,816 sqft lot
$269/sq.ft
Description
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-...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1913
HOA Fees
-
Finished Area
4,082 sqft
Lot Size
6,816 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
25621213
MLS Status
Active
Days on Market
27
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