1585 E 48th PL, Los Angeles, CA 90011
1585 E 48th PL, Los Angeles, CA 90011
1585 E 48th PL, Los Angeles, CA 90011
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$829,000
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4,351 Sqft Lot
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1585 E 48th PL Los Angeles, CA 90011

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Kevin Hall

Kevin Hall

+1(323) 854-2814

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26163974

HOA Y/N No

Year Built 2008

Lot Size 4,351 Sqft

Property Sub-Type Duplex

Property Description

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.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Interior

Heating Central

Cooling Central Air

Flooring Laminate, Tile

Fireplaces Type None

Fireplace No

Laundry Washer Hookup, Gas Dryer Hookup, In Kitchen

Exterior

Parking Features Assigned, Carport

Carport Spaces 2

Pool None

Community Features Curbs, Gutter(s), Street Lights, Sidewalks, Urban

Total Parking Spaces 4

Private Pool No

Building

Lot Description 16-20 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5106017008

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Chris Barker Yorkshire Realty chris@yorkshirere.com, DRE #01973222

Nearby Locations

Kevin Hall
Kevin Hall

Agent | License ID: 01387143

+1(323) 854-2814 | kmhadvisors@gmail.com

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1585 E 48th PL