1148 E 48th St

Los Angeles, CA 90011
  • $1,099,995

    Price
  • 11

    Bed
  • 5

    Bath
  • 4,082

    SqFt

About the Listing CLW-X80654 - CLW-C145621

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.

Listing Highlights

Status Active
Days on Site 19
Property Type Multi-Family
MLS ® 25621213
Year Built 1913
Total Square Footage 4,082
Lot/Acreage 0.16

Interior Details

  • Bedrooms: 11
  • Bathrooms: 5 Full
  • Appliances:
  • Air Cond:
  • Heating: Wall Furnace
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 5
  • Lot Dimensions: 50x136
  • Zoning: LAR2
  • Roof:
  • Others: 2+ Total Units
  • Sewer:
  • Parking Features: Detached Carport

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 5107019013
  • Tax Year: N/A

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1148 E 48th St Los Angeles, CA 90011

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Originating MLS: CRMLS

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