Welcome to 807-809 W 48th Street, a well-positioned duplex in the heart of Los Angeles offering strong investment potential. This income-producing property features two spacious 3-bedroom, 2-bathroom units with a combined 2,214 square feet of living space. Both units are tenant-occupied and delivering solid rental income, making this an ideal… Read More opportunity for investors seeking immediate returns. Each unit offers a practical layout with generously sized bedrooms, ample closet space, and in-unit laundry hookups. While fully functional, the property could benefit from cosmetic updates, allowing for added value over time. Zoned LAC1, the expansive lot offers potential for additional units, an ADU, or future redevelopment opportunities (buyer to verify with the city). Additional highlights include a gated front yard, plenty of parking in the rear, and a convenient central location close to USC, Downtown Los Angeles, and major freeways. This is a prime opportunity to secure a versatile property with both current income and future upside. Read Less
Property listed by Grate Real Estate, Karen Garcia 310-920-9710
Listing Snapshot
Days Online
0
Last Updated
Property Type
Other
Beds
6
Square Ft.
2,214
Lot Size
0.13 Acres
Year Built
1991
MLS Number
25574795
30 Days Snapshot Of 90037
$724k
-5%
(avg) sold price
6
-14%
homes sold
44
-30%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Washer
Building
Built in 1991, Building area total: 2,214, Levels: MultiSplit, Living area: 2214, 1 building, Architectural style: Craftsman, Attached, Common walls: OneCommonWall
Cooling
None
Floors
Carpet, Laminate
Heating
WallFurnace
Income
Gross income: $36,000, Net operating income: $19,391
Lot
0.1343 acres, 5,850 square feet, Size: 5,850
Parking
5 totals parking, Driveway
Property
Zoning: LAC1
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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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