Now available: an 8-unit apartment building at 3101 W. 48th Street in the heart of South Los Angeles. Priced at $1,525,000, this stabilized 1952 asset offers strong in-place income with $144K+ in current gross rent and room to grow to $169K+ under pro forma projections. With a down payment and a manageable loan basis, it’s a solid opportunity for both seasoned investors and buyers seeking a reliable 1031 exchange. Located near major transit and redevelopment zones, this property is poised for long-term appreciation. Whether you’re looking for a turn-key hold or a value-add reposition, this deal checks all the boxes: cash flow, location, and future growth. Contact Lu Ruiz at LAR Realty today - opportunities like this in LA’s evolving core don’t last.