1327 E 48Th St, Los Angeles, CA 90011
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1327 E 48Th St Los Angeles, CA 90011

$820,000 Sold Price as of 04/19/2022
  • 7 Beds
  • 4.75 Baths
  • 2,927 Sq.Ft.
Sold
$820,000 Sold Price as of 04/19/2022 Refinance Your Mortgage

Map preview of 1327 E 48Th St, Los Angeles, CA 90011

Property Overview: 1327 E 48Th St Los Angeles, CA has 7 bedrooms, 4.75 bathrooms, 2,927 living square feet and 4,987 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Well located 4 units property, front unit has 3 bedrooms and 2 baths, 2nd unit rear left downstairs 1 bedroom 1 bath, 3rd unit upstairs 2 bedrooms 1 bath and 4th unit upstairs a 1 bedroom 1 bath, live in one unit and rent the others, has a driveway in the front and gated access for 3 cars in rear. close distance to freeways, Downtown LA, USC, Banc of California stadium, LA Coliseum, Museums and LA Shopping facilities.

Listed by Ricardo Hernandez Munoz | BRE #00912335 | Excellence RE Real Estate
Last checked: 4 minutes ago | Last updated: April 20th, 2022 | Source CRMLS | DOM: 9

Home details

Lot Sq. Ft
4,987
HOA Dues
$0/mo
Year built
1951
Garage
--
Property Type:
Fourplex
Status
Sold
MLS#
DW22038396
City
Los Angeles
County
Los Angeles
Time on Site
936 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,017
  • Total Rent: $1,017
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,670
  • Total Rent: $1,670
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $1,400
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $803
  • Total Rent: $803
  • Pro Forma/Market Rent: $1,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $53,880
  • Net Operating Income: $38,311
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $15,569
  • Electric: $0
  • Gas/Fuel: $0
  • Licenses: $426
  • Trash: $0
  • Insurance: $1,893
  • Maintenance: $3,000
  • Water/Sewer: $5,400
  • Other Expenses: $4,850
  • Other Expense Description: Taxes

Property Details for 1327 E 48Th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Inside, Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Block
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 5107014022
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Cross street Hooper
Neighborhood Information
  • Community Features: Curbs, Urban
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Sale History for 1327 E 48Th St

Last sold for $820,000 on April 19th, 2022
  • April, 2022

  • Apr 19, 2022

    Date

    Sold

    CRMLS: DW22038396

    $820,000

    Price

  • Feb 26, 2022

    Date

    Active

    CRMLS: DW22038396

    $789,900

    Price

  • February, 2009

  • Feb 3, 2009

    Date

    Sold (Public Records)

    Public Records

    $315,000

    Price

  • June, 2008

  • Jun 26, 2008

    Date

    Sold (Public Records)

    Public Records

    $493,000

    Price

  • September, 2002

  • Sep 3, 2002

    Date

    Sold

    CRMLS: M209895

    $265,000

    Price

  • Mar 1, 2002

    Date

    Active

    CRMLS: M209895

    --

    Price

  • Listing provided courtesy of CRMLS

    DRIVE ONLY, DON'T DISTRUB TENANTS, PLEASE. SELLER RESERVES ALL SERVICES.

  • February, 2002

  • Feb 7, 2002

    Date

    Expired

    CRMLS: M208762

    $259,999

    Price

  • Nov 11, 2001

    Date

    Active

    CRMLS: M208762

    --

    Price

  • Listing provided courtesy of CRMLS

    SELLER RESERVES SERVICES, DRIVE BY ONLY, PLEASE DO NOT DISTRUB TENANTS SELLER ALSO WILLING TO DO TAX EXCHANGE.

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Tax History for 1327 E 48Th St

Assessed Value (2020): $370,898
Year Land Value Improved Value Assessed Value
2020 $133,404 $237,494 $370,898

Home Value Compared to the Market

This property vs the competition

1327 E 48Th St sold on April 19, 2022 for 29.47% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $269.87 per/sqft which puts the price per square foot 62.73% lower than the current median sale per square foot for the city of Los Angeles.

About 1327 E 48Th St

Detailed summary of property

1327 E 48Th St is a fourplex that recently sold in Los Angeles, CA 90011. This fourplex offered 7 bedrooms, 4.75 bathrooms, roughly 2,927 living square feet, and sits on an approximately 4,987 square foot lot. 1327 E 48Th St was first listed on ArdentRealEstateGroup.com on February 26, 2022. The homeowner sold the property for $820,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 29.47% lower than the current median priced home. Local homes that are currently for sale include 876 E 41st Pl, 735 E 43rd Pl and 3217 Morgan Ave. While the average home in Los Angeles, CA is selling in 106 days, 1327 E 48Th St has a days on market of 9 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1327 E 48Th St Los Angeles, CA 90011 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1327 E 48Th St

Public county record property details
Beds
7
Baths
5
Year built
1951
Sq. Ft.
2,927
Lot Size
4,986
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
20
APN
5107-014-022

The source for these homes facts are from public records.

90011 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$625,000
Median List Price/Sq.Ft.
$531
Median Sold Price
$590,000
Median Sold Price/Sq.Ft.
$438
Total Inventory
50
Median Sale to List Price %
102.61%
Avg Days on Market
46
Loan Type
Conventional (0%), FHA (83.33%), VA (0%), Cash (0%), Other (0%)

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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.