3101 W 48th Street
Los Angeles, CA 90043
9
Bed
8
Bath
5,248Sqft
7,746Sqft(Lot)
3101 W 48th Street, 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 $161,875 per unit, reflecting a 7.10% cap rate and a 8.95 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 foundati
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 9Bathroom Information
Total Baths: 8 -
Heating & Cooling
Has Heating: Yes Heating: WallFurnace Cooling: None
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Building Information
Year Built: 1952Building Area Total: 5248Stories: 2Private Pool: No
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Lot Information
Main Square Feet: 7746 Lot Size Acres: 0.1778 Lot Size Square Feet: 7,746
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Listing Price Information
Listing Price: $1295000Original Price: $1350000
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Tax Information
Parcel Number: 5014003001
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Virtual Tour
Parking Information
Parking Total: 6 Uncovered
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Location Information
Direction: Please use Google Maps, Waze or Apple Maps.
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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 | 3 | 2,354 | 5,960 Sq. Ft |
| 4812 Arlington Avenue, Los Angeles, CA, 90043 | $749,000 | 3 | 3 | 1,786 | 6,109 Sq. Ft |
| 5350 3rd Avenue, Los Angeles, CA, 90043 | $650,000 | 4 | 2 | 2,054 | 5,202 Sq. Ft |
| 4524 7th Avenue, Los Angeles, CA, 90043 | $749,000 | 4 | 2 | 1,444 | 4,349 Sq. Ft |
| 5959 Arlington Avenue, Los Angeles, CA, 90043 | $675,000 | 3 | 2 | 1,363 | 4,808 Sq. Ft |
| 5806 3rd Avenue, Los Angeles, CA, 90043 | $760,000 | 2 | 2 | 2,049 | 7,014 Sq. Ft |
| 4806 7th Avenue, Los Angeles, CA, 90043 | $850,000 | 3 | 2 | 1,280 | 6,699 Sq. Ft |
| 6006 2nd Avenue, Los Angeles, CA, 90043 | $1,075,000 | 5 | 4 | 1,914 | 4,801 Sq. Ft |
| 6006 2nd Avenue, Los Angeles, CA, 90043 | $1,075,000 | 5 | 4 | 1,914 | 4,801 Sq. Ft |
| 4928 8th Avenue, Los Angeles, CA, 90043 | $1,399,000 | 5 | 4 | 3,085 | 6,743 Sq. Ft |
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ByOwner last updated this listing 09/19/2026 @ 22:39
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