- 6 Beds
- 4 Baths
- .1 Acres
- 13 DOM
1585 E 48th Place
Welcome to 1585 E 48th Pl. This duplex offers exceptional value and opportunity for investors and first-time home-buyers alike. Built in 2008, this property is not subject to the City of Los Angeles Rent Stabilization Ordinance. The newer construction includes amenities such as central AC and washer dryer hookups in each unit. Two spacious units across 2,465 sq ft of livable space: unit 1583 downstairs is 3 bed 2 bath; unit 1585 upstairs is 3 bed 2 bath. Unit 1585 is rented to a steady long-term tenant. Unit 1583 is vacant and move-in ready. The 4,350 sq ft lot includes a spacious parking lot with carport. The property is conveniently located near schools, parks, shopping, and more. This property is ideal for investors seeking an outstanding 7.3% CAP rate from day one, first-time home-buyers to live in the vacant unit, or developers considering future repositioning.
Essential Information
- MLS® #PW26163974
- Price$829,000
- Bedrooms6
- Bathrooms4.00
- Acres0.10
- Year Built2008
- TypeResidential Income
- Sub-TypeDuplex
- StatusActive Under Contract
Community Information
- Address1585 E 48th Place
- AreaC42 - Downtown L.A.
- CityLos Angeles
- CountyLos Angeles
- Zip Code90011
Amenities
- Parking Spaces4
- ParkingAssigned, Carport
- GaragesAssigned, Carport
- PoolNone
Interior
- InteriorLaminate, Tile
- HeatingCentral
- CoolingCentral Air
- FireplacesNone
- # of Stories2
- StoriesTwo
Exterior
- Lot DescriptionSixteenToTwentyUnitsAcre
Additional Information
- Date ListedAugust 12th, 2026
- Days on Market13
Listing Details
- AgentChris Barker
- OfficeYorkshire Realty
Price Change History for 1585 E 48th Place, Los Angeles, (MLS® #PW26163974)
| Date | Details | Change |
|---|---|---|
| Status Changed from Active to Active Under Contract | – |
Chris Barker, Yorkshire Realty.
Based on information from California Regional Multiple Listing Service, Inc. as of August 26th, 2026 at 9:26pm PDT. 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.