1585 E 48th Place
Los Angeles, CA 90011
6
Bed
4
Bath
4,350Sqft(Lot)
Welcome to 1585 E 48th Pl. This duplex offers exceptional value and opportunity for investors and first-time home-buyers alike. Built in 2008, this property is not subject to the City of Los Angeles Rent Stabilization Ordinance. The newer construction includes amenities such as central AC and washer dryer hookups in each unit. Two spacious units across 2,465 sq ft of livable space: unit 1583 downstairs is 3 bed 2 bath; unit 1585 upstairs is 3 bed 2 bath. Unit 1585 is rented to a steady long-term tenant. Unit 1583 is vacant and move-in ready. The 4,350 sq ft lot includes a spacious parking lot with carport. The property is conveniently located near schools, parks, shopping, and more. This property is ideal for investors seeking an outstanding 7.3% CAP rate from day one, first-time
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Heating & Cooling
Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir
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Building Information
Year Built: 2008Building Area Total: 2465Stories: 2Pool Features: NonePrivate Pool: No
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Lot Information
Main Square Feet: 4350 Lot Size Acres: 0.0999 Lot Size Source: PublicRecords Lot Size Square Feet: 4,350 Lot Description: SixteenToTwentyUnitsAcre
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Listing Price Information
Listing Price: $829000Conventional
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Tax Information
Parcel Number: 5106017008 Tax Lot: 81 Tax Block: C
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Virtual Tour
Parking Information
Parking Total: 4 Assigned, Carport
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Location Information
Direction: E 48th Pl between Compton Ave and Long Beach Ave WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1438 E 20th Street, Los Angeles, CA, 90011 | $899,999 | 7 | 4 | -- | |
| 1472 E 23rd, Los Angeles, CA, 90011 | $908,000 | 10 | 6 | -- | |
| 1549 E.33 St., Los Angeles, CA, 90011 | $700,000 | 6 | 3 | 2,132 | 2,132 SqFt |
| 4314 Morgan, Los Angeles, CA, 90011 | $800,000 | 5 | 2 | 1,518 | 1,518 SqFt |
| 1343 E 21st Street, Los Angeles, CA, 90011 | $555,000 | 5 | 4 | -- | |
| 1335 1337 E Adams, Los Angeles, CA, 90011 | $2,100,000 | 14 | -- | -- | |
| 4151 Compton Avenue, Los Angeles, CA, 90011 | $749,900 | 6 | -- | 1,898 | 1,898 SqFt |
| 1580 E 45th Street, Los Angeles, CA, 90011 | $670,000 | 4 | 2 | -- | |
| 4301 Ascot, Los Angeles, CA, 90011 | $788,000 | 8 | 4 | 2,916 | 2,916 SqFt |
| 807 E 21st Street, Los Angeles, CA, 90011 | $1,350,000 | 8 | 8 | -- |
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Nearby For Sale
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ByOwner last updated this listing 08/14/2026 @ 16:02
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