Two-Unit Duplex with
New
For Sale
$829,000
1585 E 48th Place, Los Angeles, CA 90011
Built in 2008, the property offers two three-bedroom units with central AC and washer-dryer hookups.
Property Size2,465 SF
Lot Size0.10 Acres
Price / SF$336.31
Days on Market3
Property Features for 1585 E 48th Place
General Information
Standard status
Active
Size
2,465 SF
Lot size
0.10 Acres
Property subtype
Multi Family
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Additional Details
Cap Rate
7.3%
Amenities
central AC
washer dryer hookups
carport
Building Details
Year Built
2008
Listing Agency:
Yorkshire Realty
(714) 883-7270
Listed By:
Chris Barker · License #01973222
(714) 883-7270
Source:
Exitrealty
Added: Aug 14
Changed: Aug 16
Last Checked: Aug 16 at 8:14AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Yorkshire Realty
Investment Insights
Based on property information with market context.
This 2008-built duplex contains two three-bedroom, two-bath units totaling 2,465 square feet of livable space. The lower unit at 1583 is vacant and ready for occupancy, while the upper unit at 1585 has a long-term tenant. Both units include central AC and washer-dryer hookups.
The property sits on a 4,350-square-foot lot with a parking area and carport at 1585 E 48th Place in Los Angeles. It is near schools, parks, and shopping. The property is not subject to the City of Los Angeles Rent Stabilization Ordinance and reflects a 7.3% CAP rate from day one.
The property sits on a 4,350-square-foot lot with a parking area and carport at 1585 E 48th Place in Los Angeles. It is near schools, parks, and shopping. The property is not subject to the City of Los Angeles Rent Stabilization Ordinance and reflects a 7.3% CAP rate from day one.
Key Highlights
- Two 3‑bedroom, 2‑bath units with 2,465 square feet of livable space
- Built in 2008 and not subject to the City of Los Angeles Rent Stabilization Ordinance
- Upper unit is rented to a long‑term tenant; lower unit is vacant and move‑in ready
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,227
Businesses Nearby
Explore this area
Business Placement
Demographics for 90011, CA
102,308
Population
25,119
Households
4.1
Avg Household Size
30
Median Age
6%
College-Educated
43%
High-School Grad
4.3 sq mi
ZIP Area
23,793
Density / Sq Mi
$53,781
Median Household Income
$27,889
Median Earnings
$1,497
Median Rent
$575,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Built in 2008, the property offers two three-bedroom units with central AC and washer-dryer hookups.
Where is this duplex located?
The property is located at 1585 E 48th Place Los Angeles, CA.
What is the asking price?
The asking price for this property is $829,000.
What are key features of this property?
This property features: Two 3‑bedroom, 2‑bath units with 2,465 square feet of livable space; Built in 2008 and not subject to the City of Los Angeles Rent Stabilization Ordinance; Upper unit is rented to a long‑term tenant; lower unit is vacant and move‑in ready
