3313 48th Street, Los Angeles, CA 90043
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Listed Price :
$1,295,000
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Beds :
N/A
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Baths :
N/A
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Property Size :
N/A sqft
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Year Built :
2024
Property Description
*** Ownership is highly-motivated and will meet the market. We just reduced the price by $200,000, please bring all offers. In addition, ownership is offering seller financing - $300,000 @ 3% for one year. ** 3313 West 48th Street is a 10 unit market-rate RTI development located 0.3 miles from the Metro K-Line, Leimert Park Plaza, and the intersection of Crenshaw Blvd. & Leimert Blvd. This RTI development opportunity is next to two of the most significant community-driven investment projects in South Los Angeles, and is surrounded by numerous projects currently under construction by prolific developers. The 7,731 SF corner lot (zoned C2) has approved plans to develop 3 duplexes (2,827 SF each) and a 977 SF ADU. Plans call for 3 duplexes (2,827 SF each) and a 977 SF ADU. The front duplex will feature (2) 3-bdrm. and 3-bath units with roof decks, the middle duplex will feature a 3-bdrm. and 2.5-bath unit and a 4-bdrm. and 4.5-bath unit with a roof deck. The rear duplex will feature (2) 3-bdrm. and 3-bath units. Each duplex features a recreation room that is designed to be converted to an ADU after the Certificate of Occupancy.
Interior Features
Bedroom Information |
Bedrooms |
N/A |
Bathroom Information |
Bathrooms |
N/A |
Listing Information
Address |
3313 48th Street |
City |
Los Angeles |
State |
CA |
Zip |
90043 |
County |
Los Angeles |
Listing Agent |
Max Berger DRE #02054048 |
Courtesy Of |
Compass |
List Price |
$1,295,000 |
Status |
Hidden |
Type |
Residential Income |
Structure Size |
N/A |
Lot Size |
7,742 |
Year Built |
2024 |
Listing information courtesy of: Max Berger, Compass. *Based on information from the Association of REALTORS/Multiple Listing as of Mar 22nd, 2024 at 9:45 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.