He live on 1st and 48th right next to the white chalk
In between the yellow tape, behind the black gate
Rottwielders and pitbulls, surrounded by snakes, AK's and AR's.

from Game – Dead People Lyrics on Rap Genius

He lives on 1st and 48th next to the white chalk in between the yellow tape. Offcourse the white chalk and yellow tape is there because of a murder investigation, somebody got killed over there.
He lives behind the black gate with his Rottweilers, Pitbulls and snakes with AK47’s and AR’S.

also, clever wordplay with “1st and 48th” being a reference to the first 48 hours after a homicide

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