1645 W 48th St | Los Angeles, CA 90062
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1645 W 48th St
Los Angeles, CA 90062
Multifamily Property For Sale · 10 Units
Investment Highlights
- A mixed-use investment opportunity in South Los Angeles, located on the northeast corner of W 48th St and Western Ave
- Diversification with both retail and residential; strong in-place cash flow at a 5.44% on current income with over 30% rental upside
- Over 28,000 vehicles per day on Western Ave along with foot traffic; metro local line bus stop on 48th & Western
- A unit mix of three retail units on the ground floor with ten apartment units consisting of seven one-bedrooms and three two-bedrooms
- Well maintained building, the exterior and common area hallways were recently painted; separately metered for gas and electricity
- One block from the Barack Obama Global Preparation Academy; various retail amenities within walking distance along Western Ave
PROPERTY FACTS
| No. Units | 10 | Lot Size | 0.13 AC |
| Property Type | Multifamily | Building Size | 10,990 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 1912 |
| Building Class | C |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 10,990 SF |
| No. Stories | 2 |
| Year Built | 1912 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 10 | - | 1,000 |
PROPERTY TAXES
| Parcel Number | 5016-017-006 | Improvements Assessment | $682,695 |
| Land Assessment | $1,052,490 | Total Assessment | $1,735,185 |
PROPERTY TAXES
Parcel Number
5016-017-006
Land Assessment
$1,052,490
Improvements Assessment
$682,695
Total Assessment
$1,735,185
zoning
| Zoning Code | LAC2 |
| LAC2 |
Learn More About Investing in Apartment Buildings
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
