Discover a strong cash-flowing asset in the heart of South Los Angeles. This five-unit apartment complex delivers a 7% cap rate and comes fully leased, offering immediate, stable income from day one. Each unit has been thoughtfully maintained with steady tenants, and low historical vacancy. Three of the units have been recently renovated. The property features a mix of 2- and 3-bedroom layouts, covered parking, and on-site laundry for added convenience. Gas and electric are separately metered, keeping operating expenses lean and predictable. Located near major transit corridors, retail, and employment hubs, this building sits in a rapidly improving pocket of LA with long-term appreciation potential. Whether you're expanding your portfolio or securing your first multifamily investment, this property offers the rare combination of strong yield and solid fundamentals. Prime South Los Angeles location near USC, DTLA, and the 110 Freeway. This is a plug-and-play investment ready to perform from day one.
Listed by Julio Garcia
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License #02177743
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Atlas Real Estate Corporation
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310-892-2696
Last updated December 03, 2025
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Source: CRMLS #25621213
Listing Facts
TypeMulti-family
NeighborhoodCentral Alameda
Bedrooms6
Days on Prevu17
Size4,082 sqft
Price per sqft$269
Amenities
Parking
Location
Mortgage Calculator
Listing History
11/24/2025
Listed by Atlas Real Estate Corporation
$1,099,995
Property Details for 1148 E 48th Street
Exterior
Construction
Number Of Units Total: 5
Stories: 2
Stories Total: 2
Year Built: 1913
Measurements
Building Area Total: 4,082
Lot Size Acres: 0.15
Lot Size Area: 6,816
Lot Size Dimensions: 50,136
Lot Size Source: Estimated
Lot Size Square Feet: 6,816
Lot Size Units: Square Feet
Financial
Residential Income
Gross Income: $110,712.00
Taxes
Parcel Number: 5107019013
Interior
Measurements
Living Area: 4,082
Living Area Source: Estimated
Rooms
Bathrooms Total Integer: 5
Bedrooms Total: 6
Parking
Parking
Carport Spaces: 5
Carport: Yes
Parking Features: Detached Carport
Parking Total: 5
Utilities
Equipment
Heating: Wall Furnace
Has Heating: Yes
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There are 6 bedrooms in this multi-family home at 1148 E 48th Street.
Does this multi-family home have parking?
Yes, there are 5 parking spaces available for 1148 E 48th Street.
How does 1148 E 48th Street compare to other multi-family homes in Central Alameda?
This multi-family home is listed 29% above the average price for multi-family homes in Central Alameda and has been on the market for 105 less days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 4,082 sqft.
1148 E 48th Street is a 6-bedroom multi-family home for sale in Los Angeles CA 90011. On Prevu for 17 days at $1,099,995. This property features 4,082 square feet of living space, located in Central Alameda. The median listing price for multi-family homes in this area is $750,000. The home offers parking. Browse more multi-family home listings in Los Angeles.
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.