1148 E 48Th Street

Description

Introducing a charming 5-unit property ideal for both investors and owner users. The property includes a beautifully remodeled modern 3-bedroom, 1-bathroom unit in the rear, perfect for larger families or those needing extra space. This unit would also be perfect for an owner-user looking to live in this unit and rent out the remaining units to pay off their loan and all expenses! The front building features four spacious 2-bedroom, 1-bathroom units, perfect for small families or professionals looking for comfortable living. Each of these units boasts an open floor plan, ample natural light, and modern amenities, making them inviting and functional. Two of these units have been recently renovated. There is tremendous 97% rental upside if you take advantage of converting the 5 garages in the rear to two ADU units and renovating the two remaining units! The property is conveniently located near USC, parks, and shopping centers, enhancing its appeal. With a strong rental history and potential for increased income, this property presents a fantastic investment opportunity. Don't miss your chance to own this versatile and lucrative asset!

Listing information courtesy of: Julio Garcia, Keller Williams SELA 310-892-2696. *Based on information from the Association of REALTORS/Multiple Listing as of 12/27/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.