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136 W 48th Street

Los Angeles, CA 90037
  • $1,850,000
  • STATUS: ACTIVE
  • ON SITE: 25 Days
  • ID#: OC24192351
UPDATED: 29 min ago
$1,850,000
  • 9
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Very desirable income producing triplex (townhome style units). The triplex consists of (3) 3-Bedroom / 3-Bathroom units. Unit 136 is 1406sf, Unit 138 is 1466sf and unit 138 1/2 is 1285sf. There is a master ensuite unit with walk-in closet, freestanding tubs and balcony in each unit. 6 of the 9 Bedrooms have their own balcony. Views of Downtown in the front unit. The property has (1) two-car side by side garage (rented by one of the tenants) and two single parking spaces located in the rear of the property. Each unit includes separate entrances, high efficient tankless water heaters, dual pane vinyl windows, quartz countertops, wood shaker cabinets, waterproof laminate flooring throughout, Berber carpet on the stairs, mirrored closet doors, frameless shower doors, Mitsubishi multizone mini-split celling mounted AC/Heat units throughout (individually controlled per room) and rooftop solar for each unit. The property has artificial lawn to minimize maintenance and water usage. This is new construction, no rent control! Each unit is newly rented. This is a stabilized asset. Agents bring your investors! Very desirable income producing triplex (townhome style units). The triplex consists of (3) 3-Bedroom / 3-Bathroom units. Unit 136 is 1406sf, Unit 138 is 1466sf and unit 138 1/2 is 1285sf. There is a master ensuite unit with walk-in closet, freestanding tubs and balcony in each unit. 6 of the 9 Bedrooms have their own balcony. Views of Downtown in the front unit. The property has (1) two-car side by side garage (rented by one of the tenants) and two single parking spaces located in the rear of the property. Each unit includes separate entrances, high efficient tankless water heaters, dual pane vinyl windows, quartz countertops, wood shaker cabinets, waterproof laminate flooring throughout, Berber carpet on the stairs, mirrored closet doors, frameless shower doors, Mitsubishi multizone mini-split celling mounted AC/Heat units throughout (individually controlled per room) and rooftop solar for each unit. The property has artificial lawn to minimize maintenance and water usage. This is new construction, no rent control! Each unit is newly rented. This is a stabilized asset. Agents bring your investors!

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
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136 W 48th Street Los Angeles, CA 90037

  • Price: $1,850,000
  • Status: ACTIVE
  • On Site: 25 Days
  • Updated: 29 min ago
  • ID#: OC24192351
9
Beds
0
Baths
0
½ Baths
0.11
Acres
Neighborhood:
South Park
County:
Los Angeles
Area:
Los Angeles (90037)
Property Description
Very desirable income producing triplex (townhome style units). The triplex consists of (3) 3-Bedroom / 3-Bathroom units. Unit 136 is 1406sf, Unit 138 is 1466sf and unit 138 1/2 is 1285sf. There is a master ensuite unit with walk-in closet, freestanding tubs and balcony in each unit. 6 of the 9 Bedrooms have their own balcony. Views of Downtown in the front unit. The property has (1) two-car side by side garage (rented by one of the tenants) and two single parking spaces located in the rear of the property. Each unit includes separate entrances, high efficient tankless water heaters, dual pane vinyl windows, quartz countertops, wood shaker cabinets, waterproof laminate flooring throughout, Berber carpet on the stairs, mirrored closet doors, frameless shower doors, Mitsubishi multizone mini-split celling mounted AC/Heat units throughout (individually controlled per room) and rooftop solar for each unit. The property has artificial lawn to minimize maintenance and water usage. This is new construction, no rent control! Each unit is newly rented. This is a stabilized asset. Agents bring your investors! Very desirable income producing triplex (townhome style units). The triplex consists of (3) 3-Bedroom / 3-Bathroom units. Unit 136 is 1406sf, Unit 138 is 1466sf and unit 138 1/2 is 1285sf. There is a master ensuite unit with walk-in closet, freestanding tubs and balcony in each unit. 6 of the 9 Bedrooms have their own balcony. Views of Downtown in the front unit. The property has (1) two-car side by side garage (rented by one of the tenants) and two single parking spaces located in the rear of the property. Each unit includes separate entrances, high efficient tankless water heaters, dual pane vinyl windows, quartz countertops, wood shaker cabinets, waterproof laminate flooring throughout, Berber carpet on the stairs, mirrored closet doors, frameless shower doors, Mitsubishi multizone mini-split celling mounted AC/Heat units throughout (individually controlled per room) and rooftop solar for each unit. The property has artificial lawn to minimize maintenance and water usage. This is new construction, no rent control! Each unit is newly rented. This is a stabilized asset. Agents bring your investors!
Exterior Features

Exterior Stucco Lot Dimensions Approx 40x117 Parking Garage Desc Unit1 Assigned Pool N/K Site CurbsSidewalks Spa N/K Topography Level Units With Patios 6

Interior Features

Cooling Zoned Area(s)Other/Remarks Heat Equipment Zoned AreasOther/Remarks Heat Source Electric Stories 3 Story Total Baths Unit1 3 Total Baths Unit2 3 Total Baths Unit3 3 Units With Cooling 0 Units With Range Oven 3 Units With Refrigerators 3 Units With Washers 0 Water Heater Type GasTankless

Property Features

Actual Cap Rate 5.41 Annual Expense Actual 35320 Assessments N/K Buildings 1 Cfd Mello Roos Fee 0.0 Cfd Mello Roos Fee Reflects Year Gross Rent Multiplier Actual 13.66 Gross Scheduled Income Actual 135468 Home Owners Fees 0.0 Possession Close of Escrow Tenant Pays TrashCable TVElectricityGas/PropaneParking FeesOther/Remarks Terms CashConventionalFHASeller May CarryVA Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit1 Rent Actual 3850.0 Unit2 Rent Actual 3850.0 Unit3 Rent Actual 3589.0 Zoning Builder

San Diego MLS logo Listing provided courtesy of Joseph Fleischaker of Joseph Fleischaker, Broker: 949-705-9889. Listing information © 2024 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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Yarbrough Group
2445 Truxtun Rd., Ste 108
San Diego CA, 92106