For sale

Listed by: EXCELLENCE RE ELITE PROPERTIES • Anthony Meneses • Contact: 626-712-7391

$700,000

1261 E 48th St, Los Angeles, CA 90011

5beds

--baths

1,496sqft

$4,735/mo

Get pre-qualified

Multi Family

Built in 1905

-- sqft lot

$704,700 Zestimate^®

$468/sqft

$-- HOA

What's special

**Investor or Owner-User Opportunity!** Come take a look at this unique **two-homes-on-one-lot property** offering plenty of potential. The front home features **3 bedrooms, 2 bathrooms, and approximately 936 sq. ft. of living space**, while the rear home offers **1 bedroom and 1 bathroom**, making it ideal for extended family, rental income, or additional living space. Situated on a **5,447 sq. ft. lot zoned R-2**, this property presents a great opportunity for investors or buyers looking to maximize its potential. Conveniently located approximately **10 minutes from Downtown Los Angeles**, with easy access to transportation, shopping, schools, and other local amenities. **Bring your vision and come see the possibilities this property has to offer!**

19 days
351
9

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5

Rooms

Room types: Bedroom

Bedroom

Features: All Bedrooms Down

Appliances

Laundry: See Remarks

Features

All Bedrooms Down
Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 1,496
Total interior livable area: 1,496 sqft

Property

Features

Levels: One
Stories: 1
Entry location: Front
Pool features: None

Lot

Size: 5,447 Square Feet
Features: Back Yard, Front Yard, Level, Value In Land

Details

Parcel number: 5107018005
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Condition

New construction: No
Year built: 1905

Utilities & green energy

Sewer: Public Sewer, Unknown
Water: Public

Community & HOA

Community

Features: Curbs, Street Lights, Sidewalks

Location

Region: Los Angeles

Financial & listing details

Price per square foot: $468/sqft
Tax assessed value: $276,188
Date on market: 8/21/2026
Cumulative days on market: 20 days
Listing terms: Cash,Cash to New Loan,FHA 203(b),FHA 203(k),FHA,Submit
Total actual rent: 1600
Tenant pays: Electricity

Estimated market value

$704,700

$669,000 - $740,000

$3,121/mo

Price history

Date	Event	Price
8/22/2026	Listed for sale	$700,000$468/sqft
Source: CRMLS #CV26184073 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	--	$276,188 +2%
2025	$3,544 +1.9%	$270,795 +2%
2024	$3,477 +1.9%	$265,486 +2%
2023	$3,414 +4.7%	$260,282 +2%
2022	$3,261 +1.4%	$255,179 +2%
2021	$3,215 -0.9%	$250,176 +1%
2020	$3,244	$247,612 +2%
2019	$3,244 +5.9%	$242,758 +2%
2018	$3,063	$237,999 +2%
2017	$3,063 +2.2%	$233,334 +2%
2016	$2,997 +2.7%	$228,760 +1.5%
2015	$2,917 +0.6%	$225,324 +2%
2014	$2,898	$220,912 +2.5%
2012	--	$215,603 +2%
2011	--	$211,377 +0.8%
2010	--	$209,798 +93%
2009	--	$108,683 +2%
2008	--	$106,553 +4%
2006	--	$102,418 +4%
2004	--	$98,444 +1.9%
2003	--	$96,641 +2%
2002	--	$94,747 +4%
2000	--	$91,070