$1,249,000
For Sale

947 W 48th Street

Los Angeles, CA 90037
1848 sqft | 3 beds | 0.16 acres | #24472403
Listing OfficeMcAlpin & Company
Type:Multi-Family
Structure:House
Zone:Commercial

Description

We are excited to offer this 3 Unit income property for sale. It consists of all 2 bedroom units and is currently producing $8,069.00 per month. Two of the rents have been increased by $102, however Section 8 is still processing them and they are not reflected in the current rent. The building was constructed in 1908 and consists of 1,848 square feet. It sits on a 6,772 square foot lot, which is zoned LARD2. This investment is a great opportunity to produce long term cash flow and possible future development. Please make offers subject to inspection, as this will be shown with accepted offers only.

  • Property Details
      • Property SubtypeResidentialIncome
      • Property TypeMulti-Family
      • CountyLos Angeles
      • Original List Price$1,249,000
      • MLS #24472403
      • MLS #24472403
      • Cost1249000
      • Acres0.1555
      • Square Feet1848
      • Year Built1908
      • Bedrooms3

Location

Augie MendozaReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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