Income-Producing Duplex with Flexibility in Prime Los Angeles Location!
Excellent opportunity to acquire two separate homes on one lot in a high-demand rental area of Los Angeles. Ideal for investors seeking stable income with upside potential, or owner-occupants looking to live in one unit and offset their mortgage.
The front unit features a spacious 3-bedroom, 2-bathroom layout, while the rear unit offers a 2-bedroom, 1-bathroom floor plan. With two detached structures, the property provides privacy and flexibility that tenants highly value.
Additional highlights include a detached garage and on-site parking, with potential for added value (buyer to verify). Conveniently located near schools, shopping, dining, and major freeways, making it highly desirable for long-term tenants.
A versatile investment with strong income potential and future upside in a sought-after Los Angeles location.
Under contract
Listed by: Century 21 Realty Masters • Salvador Almanza • Contact: 626-601-2291
$710,000
281 E 48th St, Los Angeles, CA 90011
5beds
2baths
1,702sqft
Duplex
Built in 1922
-- sqft lot
$715,100 Zestimate®
$417/sqft
$-- HOA
What's special
- 105 days |
- 10 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Salvador Almanza DRE #01969917 626-601-2291,
Century 21 Realty Masters
Source: CRMLS,MLS#: DW26072206
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
Appliances
- Laundry: Inside
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,702
- Total interior livable area: 1,702 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage
- Garage spaces: 2
- Uncovered spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
Lot
- Size: 5,179 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 5109009022
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Condition
- New construction: No
- Year built: 1922
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Street Lights, Sidewalks
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $417/sqft
- Tax assessed value: $693,600
- Annual tax amount: $8,603
- Date on market: 4/3/2026
- Cumulative days on market: 105 days
- Listing terms: Conventional,Submit,VA Loan
- Tenant pays: All Utilities
Estimated market value
$715,100
$679,000 - $751,000
$3,521/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/13/2026 | Contingent | $710,000$417/sqft |
Source:  CRMLS #DW26072206 Report a problem | ||
| 4/4/2026 | Listed for sale | $710,000-10.6%$417/sqft |
Source: CRMLS #DW26072206 Report a problem | ||
| 3/2/2025 | Listing removed | $794,000$467/sqft |
Source: Fresno MLS #619417 Report a problem | ||
| 1/6/2025 | Price change | $794,000-0.6%$467/sqft |
Source: Fresno MLS #619417 Report a problem | ||
| 10/3/2024 | Listed for sale | $799,000$469/sqft |
Source: Fresno MLS #619417 Report a problem | ||
| 9/25/2024 | Listing removed | $799,000$469/sqft |
Source: Fresno MLS #618715 Report a problem | ||
| 9/19/2024 | Listed for sale | $799,000+17.5%$469/sqft |
Source: Fresno MLS #618715 Report a problem | ||
| 12/20/2023 | Sold | $680,000$400/sqft |
Source: CRMLS #PW23197217 Report a problem | ||
| 11/16/2023 | Pending sale | $680,000+0.7%$400/sqft |
Source: CRMLS #PW23197217 Report a problem | ||
| 10/25/2023 | Listed for sale | $675,000+122.8%$397/sqft |
Source: CRMLS #PW23197217 Report a problem | ||
| 8/25/2015 | Listing removed | $1,900$1/sqft |
Source: Urban Street Properties, Inc. Report a problem | ||
| 8/22/2015 | Price change | $1,900-13.6%$1/sqft |
Source: Urban Street Properties, Inc. Report a problem | ||
| 8/7/2015 | Price change | $2,200-8.3%$1/sqft |
Source: Urban Street Properties, Inc. Report a problem | ||
| 7/30/2015 | Listed for rent | $2,400$1/sqft |
Source: Urban Street Properties, Inc. Report a problem | ||
| 7/22/2015 | Sold | $303,000-15.8%$178/sqft |
Source: Public Record Report a problem | ||
| 7/10/2015 | Pending sale | $360,000$212/sqft |
Source: Wembleys Realty #DW15074926 Report a problem | ||
| 4/10/2015 | Listed for sale | $360,000+5.9%$212/sqft |
Source: Wembleys Realty #DW15074926 Report a problem | ||
| 2/9/2015 | Listing removed | $340,000$200/sqft |
Source: Wembleys Realty #DW14238137 Report a problem | ||
| 12/5/2014 | Listed for sale | $340,000+3.7%$200/sqft |
Source: Wembleys Realty #DW14238137 Report a problem | ||
| 10/14/2014 | Listing removed | $328,000$193/sqft |
Source: Wembleys Inc #SR14132313 Report a problem | ||
| 6/25/2014 | Listed for sale | $328,000+65.7%$193/sqft |
Source: Wembleys Inc #SR14132313 Report a problem | ||
| 12/19/2002 | Sold | $198,000$116/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,603 +1.1% | $693,600 +2% |
| 2024 | $8,506 +56.6% | $680,000 +60.4% |
| 2023 | $5,433 +4.8% | $423,894 +2% |
| 2022 | $5,186 +1.3% | $415,583 +2% |
| 2021 | $5,118 -0.9% | $407,435 +1% |
| 2020 | $5,166 | $403,258 +2% |
| 2019 | $5,166 +6.2% | $395,352 +2% |
| 2018 | $4,862 | $387,600 +25.4% |
| 2017 | $4,862 +24.4% | $309,060 +2% |
| 2016 | $3,910 +2.7% | $303,000 +27% |
| 2015 | $3,808 +27.9% | $238,598 +2% |
| 2014 | $2,978 | $233,925 +4.5% |
| 2011 | -- | $223,827 +0.8% |
| 2010 | -- | $222,155 -0.2% |
| 2009 | -- | $222,684 +2% |
| 2008 | -- | $218,319 +2% |
| 2007 | -- | $214,039 +2% |
| 2006 | -- | $209,843 +4% |
| 2004 | -- | $201,696 +1.9% |
| 2003 | -- | $198,000 +35% |
| 2002 | -- | $146,689 +4% |
| 2000 | -- | $140,995 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Southeast Los Angeles
Nearby schools
GreatSchools rating
- 3/10Main Street Elementary SchoolGrades: K-5Distance: 0.4 mi
- 4/10Los Angeles Academy MiddleGrades: 6-8Distance: 0.7 mi
- 3/10Social Justice Schools: Fine Arts Academy At Dr. Maya Angelou Community HighGrades: 9-12Distance: 0.4 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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