$829,000

1585 E 48th Place, Los Angeles, CA 90011

  • 6 beds |
  • 4 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon4,352sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 days ago

Property Description

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 home-buyers to live in the vacant unit, or developers considering future repositioning.

Listing Status:
Active
Date Added:
August 13, 2026
Data Last Updated:
August 16, 2026 at 7:12AM
Listing Office:
Yorkshire Realty :
Listing Agent:
Chris Barker : 714-883-7270
MLS ID:
PW26163974
  • A/C: Central Forced Air
  • Pool: N/K
  • General: 2 Story
  • HOA Amenities: 0.0
  • Originating MLS: California Regional MLS
  • County: Los Angeles
  • Zoning: Public Rec5106017008
  • Source: California Regional MLS

This listing courtesy of Chris Barker , Yorkshire Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Similar Listings Nearby