Welcome to 1585 E 48th Pl. This duplex offers exceptional value and opportunity for investors and first-time home-buyers alike. Built in 2008, this property is not subject to the City of Los Angeles Rent Stabilization Ordinance. The newer construction includes amenities such as central AC and washer dryer hookups in each unit. Two spacious units across 2,465 sq ft of livable space: unit 1583 downstairs is 3 bed 2 bath; unit 1585 upstairs is 3 bed 2 bath. Unit 1585 is rented to a steady long-term tenant. Unit 1583 is vacant and move-in ready. The 4,350 sq ft lot includes a spacious parking lot with carport. The property is conveniently located near schools, parks, shopping, and more. This property is ideal for investors seeking an outstanding 7.3% CAP rate from day one, first-time home-buyers to live in the vacant unit, or developers considering future repositioning.
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Zillow last checked:
Listing updated:
Listed by:
Chris BarkerDRE #01973222chris@yorkshirere.com,
Yorkshire Realty
Source: CRMLS,MLS#: PW26163974Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 4
Heating
Central
Cooling
Central Air
Appliances
Laundry: Washer Hookup, Gas Dryer Hookup, In Kitchen
Features
Flooring: Laminate, Tile
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: No Common Walls
Interior area
Total structure area: 2,465
Total interior livable area: 2,465 sqft
Property
Parking
Total spaces: 4
Parking features: Assigned, Carport
Carport spaces: 2
Uncovered spaces: 2
Features
Levels: Two
Stories: 2
Entry location: Front
Pool features: None
Lot
Size: 4,350 Square Feet
Features: 16-20 Units/Acre
Details
Parcel number: 5106017008
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Duplex
Condition
New construction: No
Year built: 2008
Utilities & green energy
Sewer: Public Sewer
Water: Public
Community & HOA
Community
Features: Curbs, Gutter(s), Street Lights, Sidewalks, Urban