2412 W 48TH Street

    Los Angeles (City), CA 90043
    • $955,000
    • STATUS: Closed
    • ON SITE: 230 days
    • ID#: 18339250
    Sold - 09/24/2018
    $955,000
    SOLD - 09/24/2018
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,603
      SQFT
    • $170
      $/SQFT
    Type:
    Multi-Family
    Built:
    1930
    County:

    School Ratings & Info

    Description

    5 Unit Multi-Family Home in South Los Angeles. Comprised of Four large 2 Bedroom / 1 Bathroom Units and One large 1 Bedroom / 1 Bathroom Unit. Located less than a mile from the Leimert Park Village Plaza and just a few miles from Downtown Los Angeles, USC, and the LA Coliseum. Property is 5,603 sf on a 6,507 sf lot zoned LAC2. Separately metered for gas and electricity. Major upside potential as rents in the area continue to appreciate in this rapidly changing area. 3 units to be delivered Vacant which will allow the new owner to capitalize quickly.

    Sold by Stephen F. Watson of Keller Williams Downtown La.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-18T15:29:51.923. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.playavistaliving.com/homes/83128160

    2412 W 48TH Street Los Angeles (City), CA 90043

    • Price: $929,000
    • Status: Closed
    • Updated: 82 min ago
    • ID#: 18339250
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    5,603
    SQFT
    $170
    $/SQFT
    1930
    Built
    Neighborhood:
    PHHT - Park Hills Heights
    County:
    Los Angeles
    Area:
    PHHT - Park Hills Heights
    Property Description
    5 Unit Multi-Family Home in South Los Angeles. Comprised of Four large 2 Bedroom / 1 Bathroom Units and One large 1 Bedroom / 1 Bathroom Unit. Located less than a mile from the Leimert Park Village Plaza and just a few miles from Downtown Los Angeles, USC, and the LA Coliseum. Property is 5,603 sf on a 6,507 sf lot zoned LAC2. Separately metered for gas and electricity. Major upside potential as rents in the area continue to appreciate in this rapidly changing area. 3 units to be delivered Vacant which will allow the new owner to capitalize quickly.
    Exterior Features

    Lot Features Sprinklers None Lot Size Source Assessor Lot Size Units Square Feet Parking Features Driveway Parking YN Yes

    Interior Features

    Appliances None Appliances YN No Laundry Features None

    Property Features

    Cap Rate 5.77 Gross Multiplier 11.46 Gross Operating Income 81060.00 Improvements Amount 155796 Land Value 168779 Laundry YN No Net Operating Income 53619.00 Special Listing Conditions Standard Total Expenses 23388.00 Zoning Lac2

    Listing provided courtesy of Stephen F. Watson of Keller Williams Downtown La and Michael R. Fukushima of .


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-18T15:29:51.923. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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