3101 W 48th Street, Los Angeles, CA 90043

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
3101 W 48th Street,Los Angeles, CA 90043
$1,350,000
  • 9 Beds
  • 8 Baths
  • 5,248 sq. ft.
  • Multi-family
  • Active
Listed by: jake glaser
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:26849351
Source:CRMLS

Price summary

  • Price:$1,350,000
  • Price per sq. ft.:$257.24

About this home

3101 W 48th Street is a well-maintained 8-unit multifamily property ideally positioned on a corner lot adjacent to the highly desirable Leimert Park neighborhood of Los Angeles. Built in 1952, the property represents an opportunity to acquire a centrally located asset with a stable unit mix and meaningful value-add upside in one of the city's most supply-constrained rental submarkets. The offering is priced at $168,750 per unit, reflecting a 6.63% cap rate and a 9.45 GRM. The property encompasses approximately 5,248 square feet of living space on a 7,746 SF lot and features a unit mix of (7) 1BR/1BA and (1) 2BR/1BA units. The sizable units average 656 square feet each, appealing to a broad renter profile. Many of the unit interiors have been updated over the years, offering a strong foundation for continued repositioning and incremental rent growth. Ownership has completed some capital improvements in recent years. The majority of the electrical sub panels have been updated, and the...

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Home facts

  • Year built:1952
  • Listing ID #:26849351
  • Added:5 day(s) ago
  • Updated:June 29, 2026 at 01:44 PM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:8
  • Living area:5,248 sq. ft.

Heating and cooling

  • Heating:Wall Furnace

Structure and exterior

  • Year built:1952
  • Building area:5,248 sq. ft.
  • Lot area:0.18 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$1,350,000
  • Price per sq. ft.:$257.24

Features and amenities

  • Laundry features:Common Area

Parking

  • Total parking spaces:6
  • Parking description:Uncovered
Based on information from California Regional Multiple Listing Service, Inc. as of June 29, 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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