3101 W 48th St

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.

This home located at 3101 W 48th St is currently active and has been available on pardeeproperties.com for 92 days. This property is listed at $1,450,000. It has 9 beds and 8 bathrooms. The property was built in 1952. 3101 W 48th St is in the Park Hills Heights community of County.

The multiple listings information is provided by The MLS™/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLS™/CLAW. All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate and should be independently verified.