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3101 W 48th ST Los Angeles, CA 90043
7,744 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25572295
HOA Y/N No
Year Built 1952
Lot Size 7,744 Sqft
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 Phht - Park Hills Heights
Zoning LAR3
Interior
Fireplace No
Exterior
Total Parking Spaces 4
Building
Story 2
Others
Tax ID 5014003001
Special Listing Condition Standard
Listed by Luis Ruiz LAR Realty, Inc.