5
See all 5 photos
$1,525,000
Est. payment /mo
5,248 SqFt
Active
3101 W 48th St Los Angeles, CA 90043
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,248 sqft
Price per Sqft $290
MLS Listing ID 25572295
Year Built 1952
Lot Size 7,746 Sqft
Acres 0.1778
Property Description
3101 W. 48th St. is an exceptional 8-unit multifamily investment opportunity located in the heart of South Los Angeles. Built in 1952, the property offers a stable tenant base and strong in-place income, with current gross rents exceeding $145,000 annually. The building features a desirable unit mix and has been well-maintained, presenting immediate income with room for operational improvements.Situated on a prominent corner lot, the property enjoys excellent visibility and accessibility. It is located just minutes from USC, the LA Memorial Coliseum, Exposition Park, and major transit corridors, making it highly attractive to renters and investors alike. The surrounding area is undergoing continued revitalization, enhancing the property's long-term value.This asset is well-suited for investors seeking dependable cash flow and long-term upside in one of Los Angeles's most resilient and high-demand rental submarkets.
Location
State CA
County Los Angeles
Area Park Hills Heights
Zoning LAR3
Exterior
Garage Spaces 4.0
Building
Story 2
Others
Special Listing Condition Standard
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/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.
Listed by LAR Realty, Inc.
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