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3101 W 48th Street, Los Angeles, CA 90043

Los Angeles
Local realty services provided by:CENTURY 21 Experience
3101 W 48th Street,Los Angeles, CA 90043
$1,295,000
  • 9 Beds
  • 8 Baths
  • 5,248 sq. ft.
  • Multi-family
  • Pending
Listed by: jake glaser
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:26849351
Source:CRMLS

Price summary

  • Price:$1,295,000
  • Price per sq. ft.:$246.76

About this home

3101 W 48th Street, a well-maintained 8-unit multifamily property ideally positioned on a corner lot adjacent to the highly desirable Leimert Park neighborhood of Los Angeles. Built in 1952, the property represents an opportunity to acquire a centrally located asset with a stable unit mix and meaningful value-add upside in one of the city's most supply-constrained rental submarkets. The offering is priced at $161,875 per unit, reflecting a 7.10% cap rate and a 8.95 GRM. The property encompasses approximately 5,248 square feet of living space on a 7,746 SF lot and features a unit mix of (7) 1BR/1BA and (1) 2BR/1BA units. The sizable units average 656 square feet each, appealing to a broad renter profile. Many of the unit interiors have been updated over the years, offering a strong foundation for continued repositioning and incremental rent growth. Ownership has completed some capital improvements in recent years. The majority of the electrical sub panels have been updated, and the...

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Home facts

  • Year built:1952
  • Listing ID #:26849351
  • Added:81 day(s) ago
  • Updated:September 13, 2026 at 08:06 AM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:8
  • Living area:5,248 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1952
  • Building area:5,248 sq. ft.
  • Lot area:0.18 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$1,295,000
  • Price per sq. ft.:$246.76

Parking

  • Total parking spaces:6
  • Parking description:Uncovered
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Experience is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Experience, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, 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 California Regional MLS (Southern California) 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 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Peter Gottuso

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