348 W 48th Street

    Los Angeles (City), CA 90037
    • $638,000
    • STATUS: Active
    • ON SITE: 102 days
    • ID#: WS19156823
    UPDATED: 40 min ago
    $638,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,302
      SQFT
    • $193
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1905
    County:

    School Ratings & Info

    Description

    HUGE Price Reduction!! GREAT Income Property opportunity!! HUGE 1956 square Feet Newer Built (1992) Two Level rear house! It is a VERY Spacious 3 Bedroom 2 bath, Extra large Family Room unit that has it's own separate entrance and huge parking area off Grand Ave. Separate Front 2 Bedroom 1 bath house with 48th st gated entrance. Plenty of Block and wrought Iron fenced throughout. A side parcel was just added to this Magnificent opportunity. Two parcels total 7,966 Square Feet. Plenty of space for entertaining family! Bonus One bedroom Studio in between the two units for your imagination. All the built square feet (3,302) is permitted.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-19T00:36:24.343. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
    www.teamforss.com/homes/96643567

    348 W 48th Street Los Angeles (City), CA 90037

    • Price: $638,000
    • Status: Active
    • Updated: 40 min ago
    • ID#: WS19156823
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    3,302
    SQFT
    $193
    $/SQFT
    1905
    Built
    Neighborhood:
    C37 - Metropolitan South
    County:
    Los Angeles
    Area:
    C37 - Metropolitan South
    Property Description
    HUGE Price Reduction!! GREAT Income Property opportunity!! HUGE 1956 square Feet Newer Built (1992) Two Level rear house! It is a VERY Spacious 3 Bedroom 2 bath, Extra large Family Room unit that has it's own separate entrance and huge parking area off Grand Ave. Separate Front 2 Bedroom 1 bath house with 48th st gated entrance. Plenty of Block and wrought Iron fenced throughout. A side parcel was just added to this Magnificent opportunity. Two parcels total 7,966 Square Feet. Plenty of space for entertaining family! Bonus One bedroom Studio in between the two units for your imagination. All the built square feet (3,302) is permitted.
    Exterior Features

    Architectural Style BungalowContemporary Direction Faces West Fence YN Yes Fencing BlockChain LinkSecurityWrought Iron Garage Spaces 0.00 Lot Features Corner LotFront YardGardenLot 6500-9999Irregular LotRectangular Lot Lot Size Source Assessor Lot Size Units Square Feet Parking Features DrivewayConcreteGatedOn SitePrivate Parking Total 6.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No Roof Composition Spa Features None Spa YN No View None View YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area 1956 Average3 Bed Area Units Square Feet Common Walls No Common Walls Laundry Features Inside Levels OneTwo

    Property Features

    Additional Parcels Description 5110016024 Additional Parcels YN Yes Building Area Units Square Feet Community Features SidewalksStreet Lights Country Us Elevation Units Feet Gross Income 50000.00 Gross Scheduled Income 51600.00 Insurance Expense 800.00 Land Lease YN No Laundry YN Yes Net Operating Income 50000.00 New Construction YN No New Taxes Expense 3500.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Operating Expense 1600.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 6400.00 Trash Expense 600.00 Water Sewer Expense 1500.00 Water Source Public Year Built Source Assessor Zoning Lard2

    Listing provided courtesy of Rafael Melgoza of Irn Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-19T00:36:24.343. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
     
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