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Los Angeles Multifamily Investment Opportunity
For Sale
$1,050,000

714 48th Street, Los Angeles, CA 90011

Five apartments near parks and school, offering yield potential.

Days on Market420

Property Features for 714 48th Street

General Information

Standard status Active

Building Details

Year Built 1964
Listing Agency: MIKE MARCU, BROKER
Listed By: MIKE MARCU
Source: Corcoran
Added: Jun 9, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

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 MIKE MARCU, BROKER

Investment Insights

Based on property information with market context.

The property features five apartments, each with two bedrooms and one bathroom. Six open parking spaces are located at the rear of the property. The location is near three parks and George Washington Carver Middle School. The property can be purchased individually or in conjunction with other listings.

Key Highlights

  • Attractive yield potential from five 2‑bedroom/1‑bathroom apartments.
  • Six open parking spaces located at the rear of the property.
  • Conveniently located blocks away from three parks.

Property Analytics

Current Use

Urban Aesthetics Hair Salon Urgent Dental Dental Office

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Gym & Fitness Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,458
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Five apartments near parks and school, offering yield potential.
Where is this apartment building located?
The property is located at 714 48th Street Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Attractive yield potential from five 2‑bedroom/1‑bathroom apartments.; Six open parking spaces located at the rear of the property.; Conveniently located blocks away from three parks.
More about this property
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