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3101 W 48th Street, Los Angeles, CA 90043
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$1,450,000
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Home Details for 3101 W 48th Street
Price
$1,450,000
Type
other
Bedrooms
9
Total Bathrooms
8
Year Build
1952
Sq. Ft.
5248
Lot Size
0.1778
County
Los Angeles
MLS®️ Listing#
25540969
On exitrealty.com
182 days
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.
- Cooling Information
- None
- Heating Information
- Wall Furnace
- Parking
- Gated
Listing Courtesy: LAR Realty, Inc. - 323-223-3881
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-10-30 19:30:27 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Market statistics compiled from data from California Regional MLS.
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EXIT CASTILLO REALTY
418 W. 3rd St., Oxnard, CA 93030
Licensed in the state of California.
CA DRE# 01516899. Lorenzo Castillo Broker.
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$1,450,000
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EXIT CASTILLO REALTY
418 W. 3rd St., Oxnard, CA 93030
Licensed in the state of California.
CA DRE# 01516899. Lorenzo Castillo Broker.