1732 W 48th St is a well-maintained fourplex located in one of the quickly growing subpockets of Los Angeles. This 5,162 SF 4 Unit property is situated on an expansive 7,502 SF lot, offering tons of development potential and very strong immediate cash flow. This asset is ideal for any… Read More owner/user or investor looking for a positive cash flowing asset in a thriving neighborhood. Priced at 237/SF, this asset is one of the lowest $/SF properties in the area with 31% in Rental Upside. A majority of the units have been renovated and it is a very low maintenance building. All units have their own tankless water heaters, trash bins and have newer plumbing, electric and roofs. All (4) 2-Bed/1-Bath are massive and are an average of 1290 SF each. 1732 W 48th St is located just minutes from USC, Downtown LA, Gilbert Lindsay Park, Exposition Park, Lucas Museum, Art's District, The Reef, BMO Stadium, LA Live and billions of dollars worth of development pouring into the neighborhood. Read Less
Property listed by Lyon Stahl Investment Real Estate, Inc., Aaron Jacobson 310-729-1559
Listing Snapshot
Days Online
115
Last Updated
Property Type
Quadruplex
Lot Size
0.17 Acres
Year Built
1924
MLS Number
SB25130229
30 Days Snapshot Of 90062
$840k
+6%
(avg) sold price
6
-33%
homes sold
89
+2%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1924, Building area total: 5,162, 1 building, Common walls: NoCommonWalls
Community
Curbs, Suburban, Sidewalks, Urban
Expenses
Electric expense: $400, Insurance expense: $6,453, Maintenance expense: $3,000, New taxes expense: $15,313, Operating expense: $30,965, Water sewer expense: $4,000
Garage
4 spaces
Income
Gross income: $98,966, Net operating income: $65,032
Based on information from California Regional Multiple Listing Service, Inc. as of 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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