3313 W 48th St | Los Angeles, CA 90043
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3313 W 48th St
Los Angeles, CA 90043
RTI - 10 Units w/ 3% Seller Financing · Office Property For Sale
Investment Highlights
- ** 14% price reduction & seller financing available ($300,000 @ 3% for 1 year) - ownership motivated to meet the market **
- 7,731 SF corner lot (zoned C2) has approved plans to develop 3 duplexes (2,827 SF each) and a 977 SF ADU
- Proposed unit mix - (1) 4+4.5 townhomes, (4) 3+3 townhomes, (1) 3+2.5 townhome, (1) 2+2 ADU, (1) 2+1 ADU, and (1) 1+1 ADU
- 10 market-rate RTI development located 0.3 miles from the Metro K-Line, Leimert Park Plaza, and the intersection of Crenshaw Blvd. & Leimert Blvd
- Each duplex features a recreation room that is designed to be converted to an ADU after the Certificate of Occupancy
Property Facts
Property Type
Office
Property Subtype
Office/Residential
Building Size
11,131 SF
Building Class
C
Year Built
1954
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
781 SF
Building FAR
1.46
Lot Size
0.17 AC
Zoning
LAC2 - Commercial
Parking
7 Spaces (0.63 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
Property Taxes
| Parcel Number | 5013-021-001 | Improvements Assessment | $344,892 |
| Land Assessment | $848,966 | Total Assessment | $1,193,858 |
Property Taxes
Parcel Number
5013-021-001
Land Assessment
$848,966
Improvements Assessment
$344,892
Total Assessment
$1,193,858
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