1645 W 48th Street, Los Angeles, CA 90062

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
1645 W 48th Street,Los Angeles, CA 90062
$1,975,000
  • 10 Beds
  • 13 Baths
  • 10,990 sq. ft.
  • Multi-family
  • Active
Listed by: benjamin lee
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:26685067
Source:CRMLS

Price summary

  • Price:$1,975,000
  • Price per sq. ft.:$179.71

About this home

We are pleased to present 1645 W 48th Street, a high-yield mixed-use opportunity in South Los Angeles featuring 10 apartment units and 3 ground-floor retail spaces on a signalized hard corner at 48th Street and Vernon Avenue. The property benefits from over 28,000 vehicles per day on Western Avenue, Metro Local bus stops at both cross streets, and convenient access to major employment hubs throughout the region.All three retail units are fully leased to faith-based tenants, among the most reliable commercial tenants in the market. Faith-based organizations historically demonstrate low turnover, consistent payment, and deep community ties that anchor them to a location long term, adding durability and predictability to the income stream that compares favorably to the vacant or month-to-month commercial exposure found in competing listings. Offered at a 6.72% CAP rate and 7.87 GRM on current income, the asking price of $186 per square foot represents a basis that is difficult to find on...

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Home facts

  • Year built:1912
  • Listing ID #:26685067
  • Added:120 day(s) ago
  • Updated:July 30, 2026 at 01:17 PM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:13
  • Kitchen Description:Microwave, Refrigerator
  • Living area:10,990 sq. ft.

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1912
  • Building area:10,990 sq. ft.
  • Lot area:0.13 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$1,975,000
  • Price per sq. ft.:$179.71

Features and amenities

  • Appliances:Disposal, Microwave, Refrigerator
Based on information from California Regional Multiple Listing Service, Inc. as of August 7, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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