1148 E 48th Street, Los Angeles, CA 90011
Local realty services provided by:Better Homes and Gardens Real Estate Haven Properties
1148 E 48th Street,Los Angeles, CA 90011
$1,099,995
- 6 Beds
- 5 Baths
- 4,082 sq. ft.
- Multi-family
- Active
Listed by: julio garcia
Office: atlas real estate corporation
MLS#:25621213
Source:CRMLS
Price summary
- Price:$1,099,995
- Price per sq. ft.:$269.47
About this home
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-term appreciation potential. Whether you're expanding your portfolio or securing your first multifamily investment, this property offers the rare combination of strong yield and solid fundamentals. Prime South Los Angeles location near USC, DTLA, and the 110 Freeway. This is a plug-and-play investment ready to perform from day one.
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Home facts
- Year built:1913
- Listing ID #:25621213
- Added:398 day(s) ago
- Updated:December 02, 2025 at 12:40 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:5
- Living area:4,082 sq. ft.
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Year built:1913
- Building area:4,082 sq. ft.
- Lot area:0.16 Acres
Finances and disclosures
- Price:$1,099,995
- Price per sq. ft.:$269.47
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