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1585 E 48th Place, Los Angeles, CA 90011

Los Angeles
Local realty services provided by:CENTURY 21 Affiliated
1585 E 48th Place,Los Angeles, CA 90011
$860,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: chris barker
Office: yorkshire realty714-883-7270
MLS#:PW26163974
Source:CRMLS

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Price summary

  • Price:$860,000

About this home

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.

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Home facts

  • Year built:2008
  • Listing ID #:PW26163974
  • Added:78 day(s) ago
  • Updated:October 31, 2026 at 07:23 AM

Rooms and interior

  • Flooring:Laminate, Tile

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:2008
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$860,000

Parking

  • Total parking spaces:4
  • Parking description:2 Carport Space(s), Assigned, Carport
  • Carport spaces:2
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