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124 W 48th St, Los Angeles, CA 90037
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124 W 48th St Los Angeles, CA 90037

$489,000 Sold Price as of 07/30/2019
  • 5 Beds
  • 3 Baths
  • 1,918 Sq.Ft.
Sold
$489,000 Sold Price as of 07/30/2019 Refinance Your Mortgage
Map preview of 124 W 48th St, Los Angeles, CA 90037

Property Overview: 124 W 48th St Los Angeles, CA has 5 bedrooms, 3 bathrooms, 1,918 living square feet and 4,754 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: GREAT INVESTMENT PROPERTY. UNIT # 1 CONTAINS 3 BED/1 BA, UNIT # 2 AND UNIT # 3 ARE BOTH STUDIO'S. !!!!!!!!!-UNIT #1 (3 BED 1 BATH) TO BE DELIVERED VACANT AT THE CLOSE OF ESCROW !!!!!!!!!!-UNIT #2, AND #3 TENANTS TO REMAIN IN PLACE. EXCELLENT OPPORTUNITY FOR FIRST TIME BUYER OR INVESTOR.

Listed by JAIME RUIZ | BRE #01415230 | OPTION ONE REALTY & INVESTMENT
Last checked: 10 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 61

Home details

Lot Sq. Ft
4,754
HOA Dues
$0/mo
Year built
1908
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
CV19095124
City
Los Angeles
County
Los Angeles
Time on Site
1214 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,575
  • Total Rent: $1,575
  • Pro Forma/Market Rent: $1,980
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $470
  • Total Rent: $470
  • Pro Forma/Market Rent: $1,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $500
  • Total Rent: $500
  • Pro Forma/Market Rent: $1,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 124 W 48th St

Interior Features
Laundry Information
  • Has Laundry
  • See Remarks
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Yard
  • Lot Size Source: Assessor
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 5110018027
  • Year Built Source: Public Records
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: LEFT ON MAIN, RIGHT ON 48TH
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 124 W 48th St

Last sold for $489,000 on July 30th, 2019

  • July, 2019

  • Jul 30, 2019

    Date

    Sold

    CRMLS: CV19095124

    $489,000

    Price

  • Jun 24, 2019

    Date

    Pending

    CRMLS: CV19095124

    $489,000

    Price

  • Apr 26, 2019

    Date

    Active

    CRMLS: CV19095124

    $489,000

    Price

  • July, 2019

  • Jul 25, 2019

    Date

    Sold (Public Records)

    Public Records

    $489,000

    Price

  • April, 2019

  • Apr 3, 2019

    Date

    Expired

    CRMLS: CV18240037

    $489,000

    Price

  • Feb 13, 2019

    Date

    Price Change

    CRMLS: CV18240037

    $489,000

    Price

  • Oct 2, 2018

    Date

    Active

    CRMLS: CV18240037

    $499,000

    Price

  • Listing provided courtesy of CRMLS

    GREAT INVESTMENT PROPERTY. UNIT # 1 CONTAINS 3 BED/2 BA, UNIT # 2 CONTAINS 1/1, & UNIT # 3 ALSO CONTAINS A 1/1. TENANTS TO REMAIN IN PLACE. SELLER MAY BE WILLING TO CREDIT FOR RELOCATION OF FRONT UNIT (3 BED/2 BATH) EXCELLENT OPPORTUNITY FOR FIRST TIME BUYER OR INVESTOR.

  • September, 2018

  • Sep 27, 2018

    Date

    Canceled

    CRMLS: CV18207517

    $519,000

    Price

  • Aug 24, 2018

    Date

    Active

    CRMLS: CV18207517

    $519,000

    Price

  • Listing provided courtesy of CRMLS

    GREAT INVESTMENT PROPERTY. UNIT #1 CONTAINS 3 BED/2 BA, UNIT # 2 CONTAINS 1/1 & UNIT # 3 ALSO CONTAINS A 1/1. TENANTS TO REMAIN UPON SALE. PROPERTY WILL NOT BE DELIVERED VACANT. EXCELLENT OPPORTUNITY FOR BUYERS INTERESTED IN OBTAINING A RENTAL PROPERTY.

  • October, 2014

  • Oct 20, 2014

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 124 W 48th St

Assessed Value (2020): $489,000
Year Land Value Improved Value Assessed Value
2020 $250,000 $239,000 $489,000

Home Value Compared to the Market

This property vs the competition

124 W 48th St sold on July 30, 2019 for 58.91% 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 $254.95 per/sqft which puts the price per square foot 66.23% lower than the current median sale per square foot for the city of Los Angeles.

About 124 W 48th St

Detailed summary of property

124 W 48th St is a multi family that recently sold in Los Angeles, CA 90037. This multi family property offered 5 bedrooms, 3 bathrooms, roughly 1,918 living square feet, and sits on an approximately 4,754 square foot lot. 124 W 48th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $489,000. 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 58.91% lower than the current median priced home. Local homes that are currently for sale include 2552 N California St, 555-567 Ramona Ave and 1306 N D St. While the average home in Los Angeles, CA is selling in 93 days, 124 W 48th St has a days on market of 61 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 124 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 124 W 48th St

Public county record property details
Beds
4
Baths
3
Year built
1908
Sq. Ft.
1,918
Lot Size
4,753
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
50
APN
5110-018-027

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
$749,000
Median List Price/Sq.Ft.
$560
Median Sold Price
$667,000
Median Sold Price/Sq.Ft.
$444
Total Inventory
33
Median Sale to List Price %
106.72%
Avg Days on Market
21
Loan Type
Conventional (0%), FHA (50%), VA (0%), Cash (33.33%), Other (0%)

Thinking of Selling?

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Call, Text or Message
(714) 706-1823

Homes for Sale Near 124 W 48th St

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Recently Sold Homes Near 124 W 48th St

112 W 48th St., Los Angeles, CA 90037
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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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