139 West 48th Street
139 West 48th Street
$740,000
3
4
1,976
1,976
$374
Sold 3/31/23
Description
Introducing a prime investment opportunity located just minutes away from USC and Downtown. This four-unit building consists of three 1-bedroom, 1-bathroom units and one studio, providing multiple rental options. Some units have received minor updates, with one unit boasting an updated kitchen, flooring, paint, and lighting.This property presents an incredible add-value opportunity with huge upside on rents. Additionally, the city may allow for the construction of two additional units, further increasing...Introducing a prime investment opportunity located just minutes away from USC and Downtown. This four-unit building consists of three 1-bedroom, 1-bathroom units and one studio, providing multiple rental options. Some units have received minor updates, with one unit boasting an updated kitchen, flooring, paint, and lighting.This property presents an incredible add-value opportunity with huge upside on rents. Additionally, the city may allow for the construction of two additional units, further increasing the property's value. Conveniently located near freeways, this property offers easy access to all the amenities and attractions that the city has to offer. This is an exceptional opportunity for seasoned investors looking to add to their portfolio or for first-time buyers who want to consider leaving in a unit. Don't miss out on the chance to capitalize on this prime investment property.
Listing Agent
Property Details for 139 West 48th Street
Zoning
LAR2
Parcel Number5110013009
Total Units4.0
Living Area1976
Source Living AreaVendor Enhanced
AreaDowntown L.A. (C42)
Vacancy Rate0
Lot Size Area4744
Location
LISTING UPDATED: 04/07/2023 01:49 PM
Property Details for 139 West 48th Street
Status | Sold |
---|---|
MLS # | 23-246523 |
Days on Market | 13 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1912 |
Lot Size | 0.11 AC / 4,744 SF |
County | Los Angeles County |
Location
Virtual Tour
Building Information for 139 West 48th Street
Stories-Residences-Year Built1912Building Size-Lot Size0.11 AC / 4,744 SF
Payment Calculator
$4,737 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 139 West 48th Street
Property History for 139 West 48th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 139 West 48th Street
Taxable ValueLand$468,180Additions$197,676Total$665,856
Tax Record2023$8,388 ($699 / month)
Home Facts
Total Finished SqFt1,976 SqFtAbove Grade Finished SqFt1,976 SqFtLot Size4,744 SqFtStyleQuadraplexYear Built1912ZoningLAR2CountyLOS ANGELESAPN5110-013-009
Schools near 139 West 48th Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
West Vernon Avenue Elementary School PublicK to 5 | ||
William Jefferson Clinton Middle School Public6 to 8 | ||
Thomas Jefferson Senior High School Public9 to 12 | ||
Nava College Preparatory Academy Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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