536 W 48th Street, Los Angeles, CA 90037

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
536 W 48th Street,Los Angeles, CA 90037
$1,550,000
  • 10 Beds
  • 10 Baths
  • 4,592 sq. ft.
  • Multi-family
  • Active
Listed by: joshua yeager
Office: equity union
MLS#:26938421
Source:CRMLS

Price summary

  • Price:$1,550,000
  • Price per sq. ft.:$337.54

About this home

Equity Union Commercial is pleased to present an Exceptional 10-Unit Value-Add Opportunity in South Los Angeles boasting a 6.6% Cap Rate with significant rental upside potential. Located at 536 W. 48th Street, this charming 1925 Spanish-style courtyard apartment community consists of 10 units (8 one-bedroom/one-bath units and 2 studio units). The property has undergone significant improvements, including a new roof, copper plumbing throughout, fresh exterior paint, and renovations to 7 of the 10 units. Tenants benefit from separately metered gas and electricity, while city-provided trash service helps minimize operating expenses. Investors will appreciate the strong in-place cash flow combined with substantial upside potential, as current rents are estimated to be approximately 22% below market. The property's layout features a gated courtyard setting with dual front and rear access for each unit, creating an attractive living environment for tenants. Ideally situated...

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Home facts

  • Year built:1925
  • Listing ID #:26938421
  • Added:24 day(s) ago
  • Updated:September 28, 2026 at 12:21 PM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:10
  • Kitchen Description:Refrigerator
  • Living area:4,592 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Natural Gas

Structure and exterior

  • Year built:1925
  • Building area:4,592 sq. ft.
  • Lot area:0.16 Acres
  • Lot Features:Front Yard, Rectangular Lot
  • Architectural Style:Bungalow

Finances and disclosures

  • Price:$1,550,000
  • Price per sq. ft.:$337.54

Features and amenities

  • Amenities:Carbon Monoxide (CO2) Detector
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