3101 W 48th Street
Los Angeles, CA 90043
9
Bed
0
Bath
5,248Sqft
7,746Sqft(Lot)
3101 W 48th Street is a well-maintained 8-unit multifamily property ideally positioned on a corner lot adjacent to the highly desirable Leimert Park neighborhood of Los Angeles. Built in 1952, the property represents an opportunity to acquire a centrally located asset with a stable unit mix and meaningful value-add upside in one of the city's most supply-constrained rental submarkets. The offering is priced at $168,750 per unit, reflecting a 6.63% cap rate and a 9.45 GRM. The property encompasses approximately 5,248 square feet of living space on a 7,746 SF lot and features a unit mix of (7) 1BR/1BA and (1) 2BR/1BA units. The sizable units average 656 square feet each, appealing to a broad renter profile. Many of the unit interiors have been updated over the years, offering a strong founda
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 9Bathroom Information
Total Baths: 8 Full Baths: 0 Half Baths: 0 -
Cooling Features
None Air ConditioningHeating Source
Wall Furnace Has Heating
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Building Information
Year Built: 1952 Building Area Total: 5,248 -
Laundry Features
Common Area
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1778 -
Lot Size Source: Vendor Enhanced Lot Size Square Feet: 7746
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Listing Price Information
Original List Price: 1,350,000 Listing Contract Date: 2026-06-18 -
Lease Information
Listing Agreement: Seller Reserved
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Tax Information
Parcel Number: 5014003001
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Garage and Parking
Garage Description: UncoveredHomeowners Association
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Other Property Info
Source Listing Status: Active Source Neighborhood: PHHT - Park Hills Heights Postal Code Plus 4: 1303 Directions: Please use Google Maps, Waze or Apple Maps. Zoning: LAR3 Source Property Type: Residential Income Area: PHHT - Park Hills Heights -
Building and Construction
Property Age: 74 Common Walls: 1 Common Wall Year Built Source: Vendor Enhanced Total Square Feet Living: 5248 Property Attached: Yes Levels or Stories: Two Building Total Stories: 2
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 4430 Arlington Avenue, Los Angeles, CA, 90043 | $998,000 | 5 | -- | 2,354 | 2,354 SqFt |
| 4812 Arlington Avenue, Los Angeles, CA, 90043 | $749,000 | 3 | 3 | 1,786 | 1,786 SqFt |
| 4720 2nd Avenue, Los Angeles, CA, 90043 | $939,000 | 3 | 2 | 1,800 | 1,800 SqFt |
| 5306 3rd, Los Angeles, CA, 90043 | $612,000 | 3 | 1 | 1,200 | 1,200 SqFt |
| 4623 6th Avenue, Los Angeles, CA, 90043 | $949,000 | 4 | -- | 1,932 | 1,932 SqFt |
| 4623 6th Avenue, Los Angeles, CA, 90043 | $949,000 | 4 | 2 | 1,932 | 1,932 SqFt |
| 4524 7th Avenue, Los Angeles, CA, 90043 | $759,000 | 4 | 2 | 1,444 | 1,444 SqFt |
| 5319 4th Avenue, Los Angeles, CA, 90043 | $815,000 | 3 | 1 | 1,522 | 1,522 SqFt |
| 6022 Arlington Avenue, Los Angeles, CA, 90043 | $589,950 | 2 | 1 | 900 | 900 SqFt |
| 5434 4th Avenue, Los Angeles, CA, 90043 | $799,000 | 3 | 2 | 1,562 | 1,562 SqFt |
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ByOwner last updated this listing 06/25/2026 @ 04:52
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