$1,975,000
-$75,0001645 W 48th Street, Los Angeles CA 90062
Multi-Family (13 Units)
Property type
58 days
On market
$180
Price per sqft
N/A
Garage
1912
Year built
5,851 sqft
Lot size
Home highlights
Open Houses
Overview
We are pleased to present 1645 W 48th Street, a high-yield mixed-use opportunity in South Los Angeles featuring 10 apartment units and 3 ground-floor retail spaces on a signalized hard corner at 48th Street and Vernon Avenue. The property benefits from over 28,000 vehicles per day on Western Avenue, Metro Local bus stops at both cross streets, and convenient access to major...
Listing provided by: Benjamin Lee DRE #02123715 347-579-3071, Lyon Stahl Investment Real Estate, Inc., Chi Zhang DRE #02086778 310-647-3456, Lyon Stahl Investment Real Estate, Inc.
Listing updated: May 19, 2026 at 07:03pm.
Last checked: Jun 3, 2026 at 09:01pm
Source: CRMLS #26685067
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 6 | 1 | 1 | — | $1,564 | $9,379 | $14,442 | Unfurnished |
| 4 | 2 | 1 | — | $1,912 | $7,649 | $10,856 | Unfurnished |
| 3 | 0 | 0 | — | $1,541 | $4,622 | $5,650 | Unfurnished |
# of Buildings: 1
# of Units Total: 13
Disposal: 13
Refrigerator: 13
Financial Snapshot
Gross Rent Multiplier
8.0x
List Price / Annual Gross Rent
Cap Rate
6.72%
NOI / List Price
Vacancy Allowance: $13,025
Vacancy Allowance Rate: 5%
Net Operating Income: $137,849
Interior
Cooling: None
Heating: Natural Gas
Appliances: Disposal, Microwave, Refrigerator
Fireplace: Bath, Kitchen, Living Room
Exterior
Stories Total: 2
Levels: Two, Multi Split
Garage and Parking
Parking: None
Parking Total: 0
Lot Information
Land Lease: No
Parcel #: 5016017006
Zoning: LAC2
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 1645 W 48th Street, Los Angeles, CA 90062. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,580,000
Total Interest
$2,015,203
Total Payment
$3,595,203
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$12,194
per month
Property History for 1645 W 48th Street
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90062.
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