Keegan Cin | Realtor® | License # DRE 01971604

Property

Los Angeles, CA 90062 1416 W 48th Street

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Presented By: Everett Wong with Greysteel California, Inc.; 310-382-6705
  • MLS# PW25003235
  • 01/06/2025
  • Request Tour
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  • Beds • 3
  • Full/Half Baths • 2 / 1
  • SQFT • 2,189
  • Year Built • 1911

Home Details

Excellent Cash-flowing property! This beautifully reimagined duplex investment property features a spacious 3-bedroom, 1,800 SF front house, remodeled in 2019/2020, offering an open and bright layout with a large kitchen, dining, and living area filled with natural light. Modern updates throughout include a laundry area, dishwasher, front porch, and plenty of storage space in a large attic. Additionally, there is a newly built (2019) detached studio ADU under 400 SF which offers high-quality finishes and a stylish living space. Recent upgrades to the main house include new windows, floors, kitchen, and bathrooms, as well as a new heater and water heater (2022). The property also provides secure parking with one spot per unit in a gated driveway. Ideally located just off Normandie Avenue and west of the 110 Freeway, this duplex offers easy access to major transit routes, making it a prime location for convenience and accessibility.
Presented By: Everett Wong with Greysteel California, Inc.; 310-382-6705

Interior Features for 1416 W 48th Street

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesInside
Total Stories1

Other Rooms

Entry Level1

General for 1416 W 48th Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLos Angeles
Community FeaturesUrban
CountyLos Angeles
DirectionsWest of Normandie, south of Vernon
Electric On Property Y/NNo
Entry Location1
Garage Spaces0.0
Garage Y/NNo
Gross Income58406.0
HOANo
Home Warranty Y/NNo
Insurance Expense1872.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsConventional
Lot Size Square Feet6524.0
Lot Size UnitsSquareFeet
MLS AreaC37 - Metropolitan South
MobileHomeRemainsYNNo
Net Operating Income42968.0
New ConstructionNo
Number Of Units Total2
Operating Expense15438.0
Pool FeaturesNone
Property Attached Y/NNo
Property Sub Type AdditionalDuplex
Property SubtypeDuplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot25
Taxes$11,305
Trash Expense0.0
Water Sewer Expense2000.0
Year Built1911
Year Built SourcePublicRecords
ZoningLAR1

Exterior for 1416 W 48th Street

Building Area Total2189.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre
Lot Size Acres0.1498
Lot Size Area6524.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters2
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking0.0
Water SourcePublic
WaterfrontY/NNo

Additional Details

Price History

Alexandra Eston

Sales Associate
Price $850,000
MLS#PW25003235
List Date 01/06/2025
Property Type Multi-Family
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