N/A
Bedrooms
Sold for $860,000 · Oct 2026
SOLDListed at $829,000
Los Angeles, CA
MLS# PW26163974
Chris Barker
Listing Agent
Yorkshire Realty
DRE #: 01973222
Brokerage: Yorkshire Realty
N/A
Bedrooms
N/A
Bathrooms
2,465 sqft
Square Feet
2008
Year Built
4,350 sqft
Lot Size
$349
Price/Sq Ft
0
Garage Spaces
N/A
HOA
Duplex
Property Type
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.
Listing description from the October 2026 sale, as reported to CRMLS.
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2 recorded sales
1585 E 48th Place sold for $860,000 in October 2026, 3.7% over its $829,000 list price, after 11 days on the market. Across 106 closed sales in 90011 over the last 12 months, the median sold price is $699,500 and the median is $437 per square foot.
| Quarter | Closed sales in 90011 | Median sold price |
|---|---|---|
| Q1 2026 | 11 | $745,000 |
| Q2 2026 | 38 | $612,389 |
| Q3 2026 | 32 | $683,367 |
| Q4 2026 | 25 | $762,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Los Angeles · Homes for sale in 90011
Closed sales reported in 90011, nearest first, last 12 months. All recent sales in Los Angeles →
1585 E 48th Place
Contact Chris Barker
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Contact Listing Agent
Yorkshire Realty
DRE #01973222
Contact information is not available for this listing.