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1853 W 48th Street, Los Angeles, CA 90062

Commercial property · 2 recorded sales since 2022

1853 W 48th Street, Los Angeles, CA 90062 Sold July 2022 CRMLS
$1,270,000Sold July 2022

Listing Agent: DIANA SERRANO (DRE #02057172) · Listing Office: RE/MAX TIME REALTY · Contact: 909-373-0880 · Bought with: RAFAEL ORTIZ · ORTIZ HOMES · MLS #CV22095793 · Source: CRMLS

4,024
Building Sq Ft
4
Units
7.20%
Cap Rate
$84,600
NOI
5,351 sqft
Lot Size
1965
Year Built
Commercial property
Type

About this commercial property

ATTENTION ALL INVESTORS! Bring your best offer. CAP RATE : over 7% 4 Unit, Quadplex in the South West area of Los Angeles - with value add opportunity. Perfect for an investor looking to live in one and rent the rest, or keep them rented all out for substantial cash flow. Rent rolls available upon request, RENTS WERE RECENTLY INCREASED Property is fully upkept, all tenants paying, 2 UNITS, NOW VACANT, No major deficiencies, tile flooring throughout, up to 5 parking spaces available. Small separate unit in the back which can be used for storage. Property also has separate/ Laundry hook up unit in the back & Separate electric meters. Contact me for a private showing!

Listing description from the July 2022 sale, as reported to CRMLS.

Sale history

$1,270,000
Sold July 2022 · listed $1,300,000, on market May 2022 · MLS #CV22095793 · Source: CRMLS
Listing Agent: DIANA SERRANO · Listing Office: RE/MAX TIME REALTY · Contact: 909-373-0880 · Bought with: RAFAEL ORTIZ · ORTIZ HOMES
$1,270,000
Sold July 2022 · listed $1,300,000, on market April 2022 · MLS #CV22073803 · Source: CRMLS
Listing Agent: DIANA SERRANO · Listing Office: RE/MAX TIME REALTY · Contact: 909-373-0880 · Bought with: RAFAEL ORTIZ · ORTIZ HOMES
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