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536 W 48th Street

Los Angeles, CA 90037
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Bed 10

Bed

Bath 10

Bath

SqFt4,592

Sqft

SqFt6,796

Sqft(Lot)

Equity Union Commercial is pleased to present an Exceptional 10-Unit Value-Add Opportunity in South Los Angeles boasting a 6.6% Cap Rate with significant rental upside potential. Located at 536 W. 48th Street, this charming 1925 Spanish-style courtyard apartment community consists of 10 units (8 one-bedroom/one-bath units and 2 studio units). The property has undergone significant improvements, including a new roof, copper plumbing throughout, fresh exterior paint, and renovations to 7 of the 10 units. Tenants benefit from separately metered gas and electricity, while city-provided trash service helps minimize operating expenses. Investors will appreciate the strong in-place cash flow combined with substantial upside potential, as current rents are estimated to be approximately 22% b elow market. The property's layout features a gated courtyard setting with dual front and rear access for each unit, creating an attractive living environment for tenants. Ideally situated near USC, Exposition Park, BMO Stadium, the LA Memorial Coliseum, the California Science Center, major retail corridors, and convenient access to the 110 Freeway, the location offers a deep and stable renter pool. This is a rare opportunity to acquire a well-maintained multifamily asset with proven operational improvements, rental upside, and long-term growth potential in one of Los Angeles' most active rental markets.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,550,000

AD Id : 90991755

MLS Id : 26938421

Beds : 10

Lot Size : 6,796 Sqft

Living Area Size : 4,592

Year Built : 1925

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 10

    Bathroom Information

    Total Baths: 10
  • Interior Features

    Appliances: Refrigerator
  • Heating & Cooling

    Has Heating: Yes Heating: NaturalGas Has Cooling: Yes Cooling: WallWindowUnits

  • Building Information

    Year Built: 1925
    Building Area Total: 4592
    Private Pool: No

  • Lot Information

    Main Square Feet: 6796 Lot Size Acres: 0.156 Lot Size Square Feet: 6,796 Lot Description: FrontYard,RectangularLot

  • Listing Price Information

    Listing Price: $1550000

  • Tax Information

    Parcel Number: 5018025009

  • Location Information

    Direction: . Security Features: CarbonMonoxideDetectors,SmokeDetectors
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
158 W Martin Luther Kin.., Los Angeles, CA, 90037 $998,000 11 5 -- 6,001 Sqft
160 W 48th, Los Angeles, CA, 90037 $689,900 3 3 1,152 4,752 Sqft
336 W 45th Street, Los Angeles, CA, 90037 $849,900 5 3 1,728 5,408 Sqft
142 W 58th Street, Los Angeles, CA, 90037 $485,000 2 1 964 4,841 Sqft
4207 S Flower Street, Los Angeles, CA, 90037 $999,900 4 4 3,672 6,006 Sqft
4260 S Figueroa Street, Los Angeles, CA, 90037 $1,100,000 4 4 4,516 7,510 Sqft
602 W 40th Place, Los Angeles, CA, 90037 $1,600,000 10 5 3,692 6,752 Sqft
324 W 51st St, Los Angeles, CA, 90037 $1,900,000 -- -- 5,193 5,663 Sqft
536 W 42nd Street, Los Angeles, CA, 90037 $1,049,900 6 -- 1,983 4,327 Sqft
434 W 48th Street, Los Angeles, CA, 90037 $675,000 3 2 1,218 6,081 Sqft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/08/2026 @ 08:18

MLS: 26938421 LISTED BY: Joshua Yeager, Equity Union SOURCE: CRMLS

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