- 9 Beds
- 8 Baths
- 5,248 Sqft
- .18 Acres
3101 W 48th Street
Introducing 3101 W 48th St, Los Angeles, CA a well-kept two-story, 8-unit multifamily property located in the heart of Los Angeles. Built in 1952, the building offers 5,248 square feet of rentable space situated on a [lot size confirm once available].The unit mix features (8) one-bedroom, one-bath units, supported by four on-site parking spaces. The property has been well-maintained and provides steady tenant demand in a supply-constrained rental market.Offered at $1,450,000, this opportunity represents attractive fundamentals: a 6.15% CAP rate, 10.19 GRM, and $142,255 in annual income. The pricing also equates to $276.30 per square foot and approximately $181,250 per unit, offering both strong current yield and future rental upside potential.
Essential Information
- MLS® #25540969
- Price$1,450,000
- Bedrooms9
- Bathrooms8.00
- Square Footage5,248
- Acres0.18
- Year Built1952
- TypeResidential Income
- StatusActive
Community Information
- Address3101 W 48th Street
- AreaPHHT - Park Hills Heights
- CityLos Angeles
- CountyLos Angeles
- Zip Code90043
Amenities
- Parking Spaces4
- ParkingGated
- GaragesGated
Interior
- HeatingWall Furnace
- CoolingNone
- # of Stories2
- StoriesTwo
Additional Information
- Date ListedMay 19th, 2025
- Days on Market180
- ZoningLAR3
Listing Details
- AgentLuis Ruiz
- OfficeLAR Realty, Inc.
Price Change History for 3101 W 48th Street, Los Angeles, (MLS® #25540969)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $1,525,000 to $1,450,000 | ||
| Price Reduced from $1,575,000 to $1,525,000 | ||
| Price Reduced from $1,675,000 to $1,575,000 |
Luis Ruiz, LAR Realty, Inc..
Based on information from California Regional Multiple Listing Service, Inc. as of December 14th, 2025 at 2:30pm PST. 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.