$1,099,995

1148 E 48th St Los Angeles, CA 90011

Central Alameda Neighborhood

Estimated payment $6,762/month

Total Views 1,570
6 Beds
5 Baths
4,082 Sq Ft
$269 Price per Sq Ft

About This Home

Discover a strong cash-flowing asset in the heart of South Los Angeles. This five-unit apartment complex delivers a 7% cap rate and comes fully leased, offering immediate, stable income from day one. Each unit has been thoughtfully maintained with steady tenants, and low historical vacancy. Three of the units have been recently renovated. The property features a mix of 2- and 3-bedroom layouts, covered parking, and on-site laundry for added convenience. Gas and electric are separately metered, keeping operating expenses lean and predictable. Located near major transit corridors, retail, and employment hubs, this building sits in a rapidly improving pocket of LA with long-term appreciation potential. Whether you're expanding your portfolio or securing your first multifamily investment, this property offers the rare combination of strong yield and solid fundamentals. Prime South Los Angeles location near USC, DTLA, and the 110 Freeway. This is a plug-and-play investment ready to perform from day one.

Listing Agent

Julio Garcia

Atlas Real Estate Corporation License #02177743 Listed on: 11/24/2025

Atlas Real Estate Corporation

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1913

Lot Details

  • 6,816 Sq Ft Lot
  • Lot Dimensions are 50x136

Interior Spaces

  • 4,082 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Parking

  • 5 Parking Spaces
  • 5 Detached Carport Spaces

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 5107-019-013

Property Details

Home Type

Multi-Family

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 4082
  • Lot Acreage: 0.1565
  • Lot Dimensions: 50x136
  • Stories: 2
  • Year Built: 1913
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 5.00
  • Price Per S Q F T: 269.47

Exterior Features

  • Other Structures: Other

Garage/Parking

  • Carport Spaces: 5
  • Parking Garage: Carport Detached
  • Total Parking: 5

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 47.90
  • Assessed Improvement Value: 455130
  • Assessed Land Percent: 52.1
  • Assessed Land Value: 494953
  • Total Assessed Value: 950083
  • Assessor Parcel Number: 5107-019-013
  • Lot Size Area: 6816

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 9.94
  • Number Of Units: 5
  • Type Of Units: 2bds + 3bds

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,195 $950,083 $494,953 $455,130
2024 $12,195 $931,455 $485,249 $446,206
2023 $11,973 $913,192 $475,735 $437,457
2022 $11,446 $895,287 $466,407 $428,880
2021 $11,296 $877,733 $457,262 $420,471
2020 $11,401 $868,734 $452,574 $416,160
2019 $10,977 $851,700 $443,700 $408,000
2018 $3,365 $211,191 $56,429 $154,762
2016 $3,148 $202,992 $54,239 $148,753
2015 $3,112 $199,944 $53,425 $146,519
2014 $3,155 $196,028 $52,379 $143,649
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2025 11/24/25 For Sale $1,099,995 -- $269 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 25621213

The MLS
California Los Angeles County Los Angeles 90011 Central Alameda

1148 E 48th St, Los Angeles, CA

For Sale

MultiFamily

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Nearby Homes
Listing Agent
Julio Garcia
Section Image
Atlas Real Estate Corporation
(310) 892-2696