1585 E 48th Place, Los Angeles, CA 90011
Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
1585 E 48th Place,Los Angeles, CA 90011
$829,000
- - Beds
- - Baths
- 2,465 sq. ft.
- Multi-family
- Active
Listed by: chris barker
Office: yorkshire realty714-883-7270
MLS#:PW26163974
Source:CRMLS
Price summary
- Price:$829,000
- Price per sq. ft.:$336.31
About this home
Welcome to 1585 E 48th Pl. This duplex offers exceptional value and opportunity for investors and first-time home-buyers alike. Built in 2008, this property is not subject to the City of Los Angeles Rent Stabilization Ordinance. The newer construction includes amenities such as central AC and washer dryer hookups in each unit. Two spacious units across 2,465 sq ft of livable space: unit 1583 downstairs is 3 bed 2 bath; unit 1585 upstairs is 3 bed 2 bath. Unit 1585 is rented to a steady long-term tenant. Unit 1583 is vacant and move-in ready. The 4,350 sq ft lot includes a spacious parking lot with carport. The property is conveniently located near schools, parks, shopping, and more. This property is ideal for investors seeking an outstanding 7.3% CAP rate from day one, first-time home-buyers to live in the vacant unit, or developers considering future repositioning.
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Home facts
- Year built:2008
- Listing ID #:PW26163974
- Added:1 day(s) ago
- Updated:August 14, 2026 at 04:42 AM
Rooms and interior
- Flooring:Laminate, Tile
- Living area:2,465 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central Furnace
- Central air:Yes
Structure and exterior
- Year built:2008
- Building area:2,465 sq. ft.
- Lot area:0.1 Acres
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$829,000
- Price per sq. ft.:$336.31
Features and amenities
- Laundry features:Gas Dryer Hookup, In Kitchen, Washer Hookup
Parking
- Total parking spaces:4
- Parking description:2 Carport Space(s), Assigned, Carport
- Carport spaces:2
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