3101 W 48th Street, Los Angeles, CA 90043

• 5,248 sqft

Property Description

Introducing 3101 W 48th St, Los Angeles, CA a well-kept two-story, 8-unit multifamily property located in the heart of Los Angeles. Built in 1952, the building offers 5,248 square feet of rentable space situated on a [lot size confirm once available].The unit mix features (8) one-bedroom, one-bath units, supported by four on-site parking spaces. The property has been well-maintained and provides steady tenant demand in a supply-constrained rental market.Offered at $1,450,000, this opportunity represents attractive fundamentals: a 6.15% CAP rate, 10.19 GRM, and $142,255 in annual income. The pricing also equates to $276.30 per square foot and approximately $181,250 per unit, offering both strong current yield and future rental upside potential.

Listing Status:

Active

Date Added:

May 19, 2025 at 05:00AM

Listing Office:

LAR Realty, Inc. : 323-223-3881

Listing Agent:

Luis Ruiz : 323-223-3881

MLS ID:

CL25540969

Interior

• A/C: None
• Heating: Wall Furnace

Exterior

• Parking: Other

Location

• County: Los Angeles

Lot

• Zoning: LAR35014003001

This listing courtesy of Luis Ruiz, LAR Realty, Inc.