Listing provided courtesy of Luis Ruiz of LAR Realty, Inc.. Last updated 2025-09-25 08:12:06.000000. Listing information © 2025 Sandicor.
Asking Price: $1,450,000 |
3101 48th, Los Angeles CA 90043
Community: PHHT - Park Hills Heights
This property was built in 1952 and is priced at $1,450,000. Please see the additional details below.
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.