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281 48th Place
Los Angeles, CA 90011
Investor's Dream in Los Angeles! Unlock the full potential of this rare gem featuring two separate homes on one lot, complete with a detached garage. Perfectly designed for generating multiple streams of income or expanding your rental portfolio. The front house is move-in ready, ensuring premium rental or resale value. The rear unit, offering 2 bedrooms and 1 bath, is ideal for consistent rental income, or housing extended family. Maximize your ROI by living in one home while renting the other, or rent both and enjoy steady cash flow in one of LA's most sought-after neighborhoods. Don't miss this exceptional opportunity to combine comfort and financial flexibility in the heart of the city! Whether you're a seasoned investor or just starting, this property is a prime addition to your portfolio.
PROPERTY INFORMATION
| MLS # | 24460099 | Lot Size | 5,242 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 799,000
Price Per SqFt: $ 446 |
DOM | 229 Days |
| Address | 281 48th Place | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 1,790 Sq. Ft. |
| Postal Code | 90011 | Garage | N/A |
| County | Los Angeles | Year Built | 1913 |
| Bed / Bath | 4 / 0 | Parking | 2 |
| Built In | 1913 | Status | Active |
INTERIOR FEATURES
| Has Appliances | Yes |
| Has Heating | Yes |
| Heating Information | Central |
EXTERIOR FEATURES
| FoundationDetails | FHA Approved |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $852
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 11/05/2024 | Listed | $799,000 |
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Listing provided courtesy of Travis Justice, Altura Realty. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
