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  • 1585 E 48Th Place

1585 E 48th Place, Los Angeles, CA 90011

$829,000 Approx. USD 0 beds, 0 baths
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The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
714-745-2708 o
Lic#: 01276603
NRDS ID: 187514104
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Lic#: 01276603
NRDS ID: 187514104
thekeatyteam@bhhscal.com Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700
 Tustin 18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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Listing Agent


Chris Barker | chris@yorkshirere.com
Lic#: 01973222
Broker: Courtesy of Yorkshire Realty
Phone: 714-883-7270

Agent Remarks

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.

Listing Details

Property type: Duplex (Multi-Family)
Status: Active Under Contract
MLS# PW26163974
Price: $829,000
HOA Fee is $0.00
Beds: 0
Baths: 0
None fireplaces
Built in 2008
2 stories
0.10 acres
Lot size: 0.0999
County: Los Angeles
Parking description: Assigned,Carport
Lot description: SixteenToTwentyUnitsAcre
Heating/cooling: Central Air
Heating description: Central
MLS area: C42 - Downtown L.A.

Last Updated: 8/25/2026

 Days On Market (DOM): 12

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This listing belongs to the C42 - Downtown L.A. MLS area

Lat/Long: 33.999616, -118.245862.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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