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1027 W 48Th St, Los Angeles, CA 90037
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1027 W 48Th St Los Angeles, CA 90037

$950,000 Sold Price as of 02/09/2024
  • 5 Beds
  • 3 Baths
  • 2,923 Sq.Ft.
Sold
$950,000 Sold Price as of 02/09/2024 Refinance Your Mortgage
Map preview of 1027 W 48Th St, Los Angeles, CA 90037

Property Overview: 1027 W 48Th St Los Angeles, CA has 5 bedrooms, 3 bathrooms, 2,923 living square feet and 7,460 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Extra-large units. Walking distance to major transportation.

Listed by GERARDO CORONA | BRE #00941523 | DIVERSIFIED WORKS
Co-listed by YADIRA MUNOZ | BRE #01438489 | DIVERSIFIED WORKS
Last checked: 13 minutes ago | Last updated: February 22nd, 2024 | Source CRMLS | DOM: 361

Home details

Lot Sq. Ft
7,460
HOA Dues
$0/mo
Year built
1912
Garage
--
Property Type:
Duplex
Status
Sold
MLS#
MB22244631
City
Los Angeles
County
Los Angeles
Time on Site
559 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $5,000
  • Net Operating Income: $4,750
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $250
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $480
  • Insurance: $1,000
  • Water/Sewer: $1,800

Property Details for 1027 W 48Th St

Interior Features
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Washer Hookup
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 2
  • Parcel Number: 5017029062
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Vermont
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 1027 W 48Th St

Last sold for $950,000 on February 9th, 2024

  • February, 2024

  • Feb 9, 2024

    Date

    Sold

    CRMLS: MB22244631

    $950,000

    Price

  • Nov 19, 2022

    Date

    Active

    CRMLS: MB22244631

    $975,000

    Price

  • May, 2008

  • May 12, 2008

    Date

    Sold (Public Records)

    Public Records

    $1,000

    Price

  • July, 1999

  • Jul 7, 1999

    Date

    Sold (Public Records)

    Public Records

    $210,000

    Price

Show More

Tax History for 1027 W 48Th St

Assessed Value (2020): $394,565
Year Land Value Improved Value Assessed Value
2020 $159,071 $235,494 $394,565

Home Value Compared to the Market

This property vs the competition

1027 W 48Th St sold on February 9, 2024 for 18.07% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $333.56 per/sqft which puts the price per square foot 55.82% lower than the current median sale per square foot for the city of Los Angeles.

About 1027 W 48Th St

Detailed summary of property

1027 W 48Th St is a duplex that recently sold in Los Angeles, CA 90037. This duplex offered 5 bedrooms, 3 bathrooms, roughly 2,923 living square feet, and sits on an approximately 7,460 square foot lot. 1027 W 48Th St was first listed on ArdentRealEstateGroup.com on November 19, 2022. The homeowner sold the property for $950,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 18.07% lower than the current median priced home. Local homes that are currently for sale include 228 W 47th Pl, 227 W 47th St and 210 W 47th St. While the average home in Los Angeles, CA is selling in 95 days, 1027 W 48Th St has a days on market of 361 days. There are currently 3751 homes for sale in the Los Angeles real estate market and 2535 of them are single family homes while 1119 of them are condos and 91 are townhomes. For more information on this home for sale at 1027 W 48Th St Los Angeles, CA 90037 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1027 W 48Th St

Public county record property details
Beds
5
Baths
3
Year built
1912
Sq. Ft.
2,923
Lot Size
7,459
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
9,J
APN
5017-029-062

The source for these homes facts are from public records.

90037 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$725,000
Median List Price/Sq.Ft.
$491
Median Sold Price
$650,000
Median Sold Price/Sq.Ft.
$543
Total Inventory
34
Median Sale to List Price %
100%
Avg Days on Market
41
Loan Type
Conventional (12.5%), FHA (25%), VA (0%), Cash (25%), Other (25%)

Thinking of Selling?

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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