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1585 E 48th Pl , Los Angeles, CA 90011
$829,000
Est. Payment: $4,427.44/mo
6 Bed
4 Bath
2465 Sqft
Status: Active Under Contract | Days on site: 12
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PB18050 - PWBAKECHR
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Chris Heller
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House Description

Welcome to 1585 E 48th Pl. This duplex offers exceptional value and opportunity for investors and first-time home-buyers alike. Built in 2008, this property is not subject to the City of Los Angeles Rent Stabilization Ordinance. The newer construction includes amenities such as central AC and washer dryer hookups in each unit. Two spacious units across 2,465 sq ft of livable space: unit 1583 downstairs is 3 bed 2 bath; unit 1585 upstairs is 3 bed 2 bath. Unit 1585 is rented to a steady long-term tenant. Unit 1583 is vacant and move-in ready. The 4,350 sq ft lot includes a spacious parking lot with carport. The property is conveniently located near schools, parks, shopping, and more. This property is ideal for investors seeking an outstanding 7.3% CAP rate from day one, first-time home-buyers to live in the vacant unit, or developers considering future repositioning.
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Highlights

Listed by Chris Barker , 714-883-7270 Yorkshire Realty , 714-883-7270. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family
Lot/Acreage
0.1

Year Built

2008

County

Los Angeles

Area

C42 - Downtown L.A.

Listing ID

PW26163974

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:6
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:
Air Cond:Central Air
Fireplaces:
Floor:Laminate,Tile
Water:Public

Exterior Features

Lot:16-20 Units/Acre,No Land Lease
Garage Capacity:4
Others:
  • ▪ Additional:2+ Total Units
Sewer:Public Sewer
Parking Features:Assigned,Carport
Principal Interest
$4,427
Taxes
$528

Home Price

$829,000

Loan Details

30 yrs
7.034%

Down Payment

20%
$165,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,427.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,427.44 $528.49 $0.00 $4,955.93
Yearly $53,129.28 $6,341.85 $0.00 $59,471.13
Total $1,593,878.48 $190,255.50 $0.00 $1,784,133.98

Today's Rates

30 Year

7.03%

20 Year

7.02%

15 Year

6.38%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-22T23:02:25.000Z

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