This Multifamily Property is no longer advertised on LoopNet.com.

138 48th St
Los Angeles, CA 90037
2024 Construction, Non-Rent-Control 3-units · Multifamily Property For Sale · 3 Units

Investment Highlights

  • ±5.50 CAP Rate on a 2024 brand new construction, NON RENT CONTROL
  • Proximity to USC, the Coliseum, LAFC Soccer Stadium, BMO Stadium, and the Billion-Dollar new Lucas Museum of Narrative Art
  • ALL 3-Unit Turnkey Property: In-Unit Washer-Dryer hook up, new flooring, new kitchen, new bathroom, new HVAC units, and much more.
  • 3 Townhouse Style layout with master bedroom and balcony; All Units to be delivered vacant
  • MINIMUM COST to OPERATE and MAINTAIN: Solar Panel installed for common area electricity, no landscaping with artificial turf, brand new system
  • Seller Motivated, Private Tour of all units are available

Property Facts

No. Units 3
Property Type Multifamily
Property Subtype Apartment
Apartment Style Townhome
Lot Size 0.11 AC
Building Size 4,150 SF
Average Occupancy 0%
No. Stories 3
Year Built 2024
Parking Ratio 1.45/1,000 SF
Zoning LAR2

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Disposal
  • Washer/Dryer
  • Washer/Dryer Hookup
  • Heating
  • Ceiling Fans
  • Double Vanities
  • Granite Countertops
  • Hardwood Floors
  • Range
  • Double Pane Windows

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2.5 3 $3,750 1,350 - 1,400

Property Taxes

Property Taxes

Parcel Number
5110-018-024
Land Assessment
$490,341
Improvements Assessment
$244,800
Total Assessment
$735,141
  • Listing ID: 31353766

  • Date on Market: 3/28/2024

  • Last Updated:

  • Address: 138 48th St, Los Angeles, CA 90037

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