Multiple Listing Service Los Angeles Real Estate

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707 W 48TH ST, LOS ANGELES, CA. 90037

Listing Price: $875,000 Sold Price: $870,000
Beds: 8 | Baths: 4

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MLS#: 19-480952

APN#: 5018-026-007

Status: Sold

Lot Size: 6791

Sq Ft: 4754

Beds: 8

Baths: 4

Style: N/A

Year Built: 1924

Subdivision:

Roof: N/A

Spa: N/A

Tennis: N/A

Laundry: N/A

Heat: Wall

Air: Wall/Window

Property Type: Income

Sale Type: Standard

Land Type: N/A

Lease Amount: N/A

Lease Exp: N/A

HOD: N/A

Area: Downtown L.A.

City: LOS ANGELES

Zip code: 90037

Map: N/A

View: N/A

Waterfront: N/A

Sewer: N/A

Parking # 4

Security: N/A

Amenities: N/A

Pool:

Floor: N/A

Rooms: N/A

Fireplace: N/A

Parking: Assigned
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Remarks Community Report

Sitting on 6,791 Square feet of land zoned for LARD1.5, 707 West 48th Street was built in 1924 and consists of four 2 bed/1 bath units with an average size of 1,189 square feet. This property will also be delivered with two vacant units that will allow an investor to immediately remodel and achieve market rents. Again, due to the current layout of the existing upstairs units in this building, there might an opportunity to add an additional bedroom and to convert two of the units to 3 bed/1 bath units. Again, Buyer will have to verify with the Department of Building and Safety and the Housing Department to confirm if this will be possible. 701 & 707 can be bought individually, with residential financing, or together as a portfolio.

Seller's Agents

- Name: Keshishian, Sevak | Email
- Phone: 818-212-2694
- Cell: 818-726-0922
- CalDRE #: 01887505
- Office: Marcus & Millichap
- Office Phone: 818-212-2700
- Name: N/A, N/A
- Phone: N/A
- Cell: N/A
- CalDRE #: N/A
- Office Name: N/A
- Office Phone: N/A

Buyer's Agents

- Name: Keshishian, Sevak | Email
- Phone: 818-212-2694
- Cell: 818-726-0922
- Lic #: 01887505
- Office: Marcus & Millichap
- Office Phone: 818-212-2700
- Name: N/A, N/A
- Phone: N/A
- Cell: N/A
- Lic #: N/A
- Office Name: N/A
- Office Phone: N/A

Last Updated: 10/19/2019 1:36:56 PM

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