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139 W 48Th Street

Los Angeles (City), CA 90037
  • $799,999
  • STATUS: Active
  • ON SITE: 16 Days
  • ID#: 21106277
UPDATED: 55 min ago
$799,999
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1912
County:

School Ratings & Info

Listing Agent: Hammed Animashaun of Keller Williams-Santa Monica


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 California Regional Multiple Listing Service, Inc. as of 2021-12-05T18:25:55.747. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
www.themarellygroup.com/homes/123374076
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139 W 48Th Street Los Angeles (City), CA 90037

  • Price: $799,999
  • Status: Active
  • On Site: 16 Days
  • Updated: 55 min ago
  • ID#: 21106277
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1912
Built
Neighborhood:
C42 - Downtown L.A.
County:
Los Angeles
Area:
C42 - 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

Parking Features Driveway Parking Total 4

Interior Features

Cooling Wall/Window Unit(S) Cooling YN Yes Heating Wall Furnace Heating YN Yes Interior Features Ceiling Fan(S)

Property Features

Association Fee 0 Buyer Financing CashFha Gross Income 47496 Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 45816 New Construction YN No Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 1 Zoning Lar2



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-05T18:25:55.747. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
 
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The Marelly Group | Sentry Residential
5256 South Mission Rd, Suite 1006
Bonsall CA, 92003
Listing Agent: Hammed Animashaun of Keller Williams-Santa Monica