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139 W 48TH St

Los Angeles, CA 90037
  • $773,999
  • STATUS: Active
  • ON SITE: 74 Days
  • MLS #: 22-133627
UPDATED: 58 min ago
$773,999
  • 3
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,976
    SQFT
  • $392
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1912
County:

School Ratings & Info

Description

The add value opportunity you been looking for! Great upside potential on this 4 unit asset. The property consist of three (1) bedroom (1) bath units and one studio with (1) bathroom. Plenty of parking with 4 garages on the property. Back top unit has been updated with new flooring, paint, recess lighting, tile work and appliances. Centrally located close to freeways, shops, restaurant, downtown LA, USC, Crypto arena and most public transportation. If you are a season investor with the ability to get creative, this asset has endless possibilities. Bottom garages might have the ability to be converted into 2 possible ADU's providing another form of good cash flow. All buyers to conduct all and any due diligence regarding additions.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-18T21:42:57.743. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.searchdesertrealestate.com/homes/126411057
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139 W 48TH St Los Angeles, CA 90037

  • Price: $773,999
  • Status: Active
  • On Site: 74 Days
  • Updated: 58 min ago
  • MLS #: 22-133627
3
Beds
0
Baths
0
½ Baths
0.11
Acres
1,976
SQFT
$392
$/SQFT
1912
Built
Neighborhood:
Downtown L.A.
County:
Los Angeles
Area:
Downtown L.A.
Property Description
The add value opportunity you been looking for! Great upside potential on this 4 unit asset. The property consist of three (1) bedroom (1) bath units and one studio with (1) bathroom. Plenty of parking with 4 garages on the property. Back top unit has been updated with new flooring, paint, recess lighting, tile work and appliances. Centrally located close to freeways, shops, restaurant, downtown LA, USC, Crypto arena and most public transportation. If you are a season investor with the ability to get creative, this asset has endless possibilities. Bottom garages might have the ability to be converted into 2 possible ADU's providing another form of good cash flow. All buyers to conduct all and any due diligence regarding additions.
Exterior Features

Lot Size Area 4744 Other Structures None Parking Garage DrivewayAssignedGarage Pool Description None Pool YN No Spa None Spa YN No Style Traditional Total Parking 7

Interior Features

Baths Total 4.00 Cooling Window Unit(S)Other Equipment None Flooring HardwoodLaminateCarpetTile Heating WallOther

Property Features

Assessed Total Value 446750 Gross Income 0 Gross Operating Income 48696 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Net Operating Income 47496.00 Number Of Buildings 2 Number Of Units 4 Sale Type Standard Sewer In Street Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 1200 Type Of Units . Water Public Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lar2

Listing provided courtesy of Juan Pena DRE#01883397 of Compass.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-18T21:42:57.743. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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The John Jay Group - Bennion Deville Homes
74996 Highway 111
Indian Wells CA, 92210