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139 W 48Th St

Los Angeles, CA 90037
  • $799,999
  • STATUS: Active
  • ON SITE: 12 Days
  • MLS #: 21-106277
UPDATED: 18 min ago
$799,999
  • 3
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,008
    SQFT
  • $794
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1912
County:

School Ratings & Info

Description

We are pleased to present the opportunity to acquire 139 West 48th. A 4 unit apartment complex consisting of 3 one bedroom one bath units and 1 singles unit. Situated on a 4,743 square foot lot, the property has very large units. Current ownership has maintained the property well. One unit will be delivered vacant; the ownership is open to first time buyers. 139 West 48th provides investors an opportunity to acquire a well-maintained apartment community that offers a remaining value-add component. Garage spaces offers opportunities to add 2 ADUs. The property is well-suited to provide a healthy income stream and solid market appreciation as the neighborhood rarely offers buying opportunities. Proximity to Professional Sports Stadiums (LA Lakers, LA Rams, LAFC, USC Football) is an additional plus and added-value!

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-01T11:42:35.437. 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.haciendagroupinc.com/homes/123371605
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139 W 48Th St Los Angeles, CA 90037

  • Price: $799,999
  • Status: Active
  • On Site: 12 Days
  • Updated: 18 min ago
  • MLS #: 21-106277
3
Beds
0
Baths
0
½ Baths
0.11
Acres
1,008
SQFT
$794
$/SQFT
1912
Built
Neighborhood:
Downtown L.A.
County:
Los Angeles
Area:
Downtown L.A.
Property Description
We are pleased to present the opportunity to acquire 139 West 48th. A 4 unit apartment complex consisting of 3 one bedroom one bath units and 1 singles unit. Situated on a 4,743 square foot lot, the property has very large units. Current ownership has maintained the property well. One unit will be delivered vacant; the ownership is open to first time buyers. 139 West 48th provides investors an opportunity to acquire a well-maintained apartment community that offers a remaining value-add component. Garage spaces offers opportunities to add 2 ADUs. The property is well-suited to provide a healthy income stream and solid market appreciation as the neighborhood rarely offers buying opportunities. Proximity to Professional Sports Stadiums (LA Lakers, LA Rams, LAFC, USC Football) is an additional plus and added-value!
Exterior Features

Garage Structures Total 4 Lot Size Area 4744 Other Structures None Parking Garage DrivewayGarage Is Attached Total Parking 4

Interior Features

Baths Total 4.00 Cooling Wall/WindowCeiling Fan Equipment Ceiling FanAlarm SystemRange/Oven Heating Wall

Property Features

Assessed Total Value 442170 Gross Income 47496 Gross Operating Income 47496 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Net Operating Income 45816.00 Number Of Buildings 2 Number Of Units 4 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 1680 Type Of Units Fourplex Year Built Source Vendor Enhanced Zoning Lar2

Listing provided courtesy of Hammed Animashaun DRE#01857379 of Keller Williams-Santa Monica.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-01T11:42:35.437. 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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Hacienda Agency Inc
77935 Calle Tampico # 201
La Quinta CA, 92253