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California>Los Angeles>South Park

281 E 48th StreetLos Angeles, CA 90011

For Sale

$710,000

Smart Buyer Rebate $7,100

Income-Producing Duplex with Flexibility in Prime Los Angeles Location!

Excellent opportunity to acquire two separate homes on one lot in a high-demand rental area of Los Angeles. Ideal for investors seeking stable income with upside potential, or owner-occupants looking to live in one unit and offset their mortgage.

The front unit features a spacious 3-bedroom, 2-bathroom layout, while the rear unit offers a 2-bedroom, 1-bathroom floor plan. With two detached structures, the property provides privacy and flexibility that tenants highly value.

Additional highlights include a detached garage and on-site parking, with potential for added value (buyer to verify). Conveniently located near schools, shopping, dining, and major freeways, making it highly desirable for long-term tenants.

A versatile investment with strong income potential and future upside in a sought-after Los Angeles location.

Listed by Salvador Almanza

·

License #01969917

·

Century 21 Realty Masters

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626-601-2291

Last updated April 04, 2026

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Source: CRMLS #DW26072206

Listing Facts

  • TypeMulti-family
  • NeighborhoodSouth Park
  • Days on Prevu29

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

04/03/2026
Listed by Century 21 Realty Masters
$710,000

Property Details for 281 E 48th Street

Association

Amenities

  • Community Features: Street Lights, Sidewalks

Exterior

Construction

  • Number Of Units Total: 2
  • Stories: 1
  • Stories Total: 1
  • Year Built: 1922
  • Common Walls: No Common Walls
  • Entry Level: 11
  • Entry Location: 1

Measurements

  • Building Area Total: 1,702
  • Building Area Units: Square Feet
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Acres: 0.11
  • Lot Size Area: 5,179
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 5,179
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $61,044.00

Taxes

  • Parcel Number: 5109009022

Other

Location

  • Tax Lot: 23

Parking

Parking

  • Garage Spaces: 2
  • Garage: Yes
  • Open Parking Spaces: 2
  • Parking Total: 4

Utilities

Equipment

  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 281 E 48th Street.

Does this multi-family home have parking?

Yes, there are 2 parking spaces available for 281 E 48th Street.

How does 281 E 48th Street compare to other multi-family homes in South Park?

This multi-family home is listed 26% below the average price for multi-family homes in South Park and has been on the market for 68 less days than the typical home in this area.

281 E 48th Street is a -bedroom multi-family home for sale in Los Angeles CA 90011. On Prevu for 29 days at $710,000. This residence is located in South Park. The median listing price for multi-family homes in this area is $762,000. Additional amenities include 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.

Full MLS Disclaimers

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.