**Investor or Owner-User Opportunity!** Come take a look at this unique **two-homes-on-one-lot property** offering plenty of potential. The front home features **3 bedrooms, 2 bathrooms, and approximately 936 sq. ft. of living space**, while the rear home offers **1 bedroom and 1 bathroom**, making it ideal for extended family, rental income, or additional living space. Situated on a **5,447 sq. ft. lot zoned R-2**, this property presents a great opportunity for investors or buyers looking to maximize its potential. Conveniently located approximately **10 minutes from Downtown Los Angeles**, with easy access to transportation, shopping, schools, and other local amenities. **Bring your vision and come see the possibilities this property has to offer!**
For sale
Listed by: EXCELLENCE RE ELITE PROPERTIES • Anthony Meneses • Contact: 626-712-7391
$700,000
1261 E 48th St, Los Angeles, CA 90011
5beds
--baths
1,496sqft
Multi Family
Built in 1905
-- sqft lot
$702,100 Zestimate®
$468/sqft
$-- HOA
What's special
- 1 day |
- 29 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Anthony Meneses DRE #01397731 626-712-7391,
EXCELLENCE RE ELITE PROPERTIES
Source: CRMLS,MLS#: CV26184073
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
Rooms
- Room types: Bedroom
Bedroom
- Features: All Bedrooms Down
Appliances
- Laundry: See Remarks
Features
- All Bedrooms Down
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,496
- Total interior livable area: 1,496 sqft
Property
Features
- Levels: One
- Stories: 1
- Entry location: Front
- Pool features: None
Lot
- Size: 5,447 Square Feet
- Features: Back Yard, Front Yard, Level, Value In Land
Details
- Parcel number: 5107018005
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1905
Utilities & green energy
- Sewer: Public Sewer, Unknown
- Water: Public
Community & HOA
Community
- Features: Curbs, Street Lights, Sidewalks
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $468/sqft
- Tax assessed value: $276,188
- Date on market: 8/21/2026
- Cumulative days on market: 2 days
- Listing terms: Cash,Cash to New Loan,FHA 203(b),FHA 203(k),FHA,Submit
- Total actual rent: 1600
- Tenant pays: Electricity
Estimated market value
$702,100
$667,000 - $737,000
$3,587/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/22/2026 | Listed for sale | $700,000$468/sqft |
Source:  CRMLS #CV26184073 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $276,188 +2% |
| 2025 | $3,544 +1.9% | $270,795 +2% |
| 2024 | $3,477 +1.9% | $265,486 +2% |
| 2023 | $3,414 +4.7% | $260,282 +2% |
| 2022 | $3,261 +1.4% | $255,179 +2% |
| 2021 | $3,215 -0.9% | $250,176 +1% |
| 2020 | $3,244 | $247,612 +2% |
| 2019 | $3,244 +5.9% | $242,758 +2% |
| 2018 | $3,063 | $237,999 +2% |
| 2017 | $3,063 +2.2% | $233,334 +2% |
| 2016 | $2,997 +2.7% | $228,760 +1.5% |
| 2015 | $2,917 +0.6% | $225,324 +2% |
| 2014 | $2,898 | $220,912 +2.5% |
| 2012 | -- | $215,603 +2% |
| 2011 | -- | $211,377 +0.8% |
| 2010 | -- | $209,798 +93% |
| 2009 | -- | $108,683 +2% |
| 2008 | -- | $106,553 +4% |
| 2006 | -- | $102,418 +4% |
| 2004 | -- | $98,444 +1.9% |
| 2003 | -- | $96,641 +2% |
| 2002 | -- | $94,747 +4% |
| 2000 | -- | $91,070 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Southeast Los Angeles
Nearby schools
GreatSchools rating
- 3/10Sally Ride Elementary: A Smart AcademyGrades: K-5Distance: 0.3 mi
- 5/10George Washington Carver Middle SchoolGrades: 6-8Distance: 0.5 mi
- 4/10Thomas Jefferson Senior High SchoolGrades: 9-12Distance: 0.7 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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