Keller Williams Hollywood Hills - Josana Joseph
1/9
Listed By: Lyon Stahl Investment Real Estate, Inc., 310-729-1559, Aaron Jacobson
Listing Sold By: NONMEMBER MRML
Local Realty Services Provided By: Keller Williams Realty Los Feliz
Overview
What It'll Cost
Neighborhood
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$995,000
1321 E 48th Street, Los Angeles, CA 90011
2,292 sq ft
.11 ac
$995,000

1321 E 48th Street, Los Angeles, CA 90011

Estimation provided by Keller Williams Realty Inc.
2,292 sq ft
.11 ac
Closed
Sold

Property Description

4-Unit Turnkey property to be delivered FULLY VACANT by close of escrow.

Updated electrical and new

copper plumbing. The building features one 2-

bed/1-bath unit and three 1-bed/1-bath units, with

all 4 units delivered vacant, offering a prime

opportunity for an investor or owner-occupier.

4 uncovered parking spaces in the rear can be

converted to two stacked ADUs. With this addition,

the cap rate jumps from an already attractive

8.26% to an impressive 13.31%, offering substantial

returns.



For investors, this is a cash cow with the ability to

stabilize and generate significant cash flow. For

owner-users, it’s a perfect opportunity to occupy

one unit, have two units cover your mortgage, and

enjoy pure profit from the fourth unit. Don’t miss this

rare chance to maximize value in a sought-after

area!

Property Details

Compare This Home
Overview
Property Type
Quadruplex
Property Size
2,292 sq ft
Year Built
1922
Days on Site
84 Days
Parking
4 Parking Spaces
Josana J at Keller Williams Hollywood Hills
Keller Williams Hollywood Hills
DRE # 02222551

Activity History

VIEWS
0
SAVES
0
SHARES
0
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
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Purchase Price: $995,000
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Price & Tax History

Date
Event
Price
01/07/2025
Listed
$995,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$9,351
(+788.4%)
$744,600
Land 510,000 + Additions 234,600
2022
$1,053
(+2.39%)
$53,731
Land 15,980 + Additions 37,751
2021
$1,028
(+2.27%)
$53,731
Land 15,980 + Additions 37,751
2019
$1,005
(+9.57%)
$53,181
Land 15,817 + Additions 37,364
2017
$917.39
$51,117
Land 15,203 + Additions 35,914
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Car-Dependent Walkable Very Walkable
Josana J at Keller Williams Hollywood Hills
Keller Williams Hollywood Hills
DRE # 02222551

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