1459 W 48Th St, Los Angeles, CA 90062
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1459 W 48Th St Los Angeles, CA 90062

$800,000
  • 7 Beds
  • 4 Baths
  • 2,435 Sq.Ft.
For Sale
$800,000 Get Pre-Qualified

Map preview of 1459 W 48Th St, Los Angeles, CA 90062

Property Overview: 1459 W 48Th St Los Angeles, CA has 7 bedrooms, 4 bathrooms, 2,435 living square feet and 6,912 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Great investment opportunity in the heart of Los Angeles. Beautiful three unit property, all tenant occupied . Front Unit: 4 bedrooms 2 bathrooms, Top Unit: 2 bedrooms 1 bathroom, Back Unit 1 bedroom 1 bathroom. Prime Los Angeles location just minutes away from USC, Los Angeles Coliseum and BMO Stadium.

Listed by Oscar Haro | BRE #01837825 | Keller Williams SELA
Last checked: 3 minutes ago | Last updated: May 1st, 2024 | Source CRMLS | DOM: 14
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Home details

Lot Sq. Ft
6,912
HOA Dues
$0/mo
Year built
1947
Garage
2 Car
Property Type:
Triplex
Status
Active
MLS#
DW24058238
City
Los Angeles
County
Los Angeles
Time on Site
40 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,121
  • Total Rent: $1,121
  • Pro Forma/Market Rent: $1,300
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $973
  • Total Rent: $973
  • Pro Forma/Market Rent: $1,000
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
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

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Property Details for 1459 W 48Th St

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: Back Yard, Corner Lot, Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 5016020015
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Unknown
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: MAJOR CROSS STREETS, NORMANDIE AVE AND 48TH ST
Neighborhood Information
  • Community Features: Street Lights
View more facts & features

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Sale History for 1459 W 48Th St

Last sold for $300,000 on October 31st, 2003
  • March, 2024

  • Mar 23, 2024

    Date

    Active

    CRMLS: DW24058238

    $800,000

    Price

  • November, 2019

  • Nov 1, 2019

    Date

    Expired

    CRMLS: SB19082565

    $719,900

    Price

  • Apr 11, 2019

    Date

    Active

    CRMLS: SB19082565

    $719,900

    Price

  • Listing provided courtesy of CRMLS

  • October, 2003

  • Oct 31, 2003

    Date

    Sold (Public Records)

    Public Records

    $300,000

    Price

  • October, 2003

  • Oct 18, 2003

    Date

    Sold

    CRMLS: Y33066

    $300,000

    Price

  • Aug 4, 2003

    Date

    Active

    CRMLS: Y33066

    $305,000

    Price

  • Listing provided courtesy of CRMLS

    Very Nice 3 Units Complex. Recently Upgrades, Quiet Neighboorhood.

  • August, 2000

  • Aug 1, 2000

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1459 W 48Th St

Assessed Value (2020): $390,000
Year Land Value Improved Value Assessed Value
2020 $312,004 $77,996 $390,000

Home Value Compared to the Market

This property vs the competition

1459 W 48Th St is listed 34.69% lower than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $328.54 per/sqft which puts the price per square foot 57.55% lower than the median price per square foot for the city of Los Angeles.

About 1459 W 48Th St

Detailed summary of property

1459 W 48Th St is a triplex located in Los Angeles, CA 90062 and is currently for sale. This triplex offers 7 bedrooms, 4 bathrooms, roughly 2,435 living square feet, and sits on an approximately 6,912 square foot lot. 1459 W 48Th St was first listed on ArdentRealEstateGroup.com on March 23, 2024. The homeowner is currently asking $800,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 34.69% lower than the median priced home. Local competing homes currently for sale include 1532 W 58th St, 5162 Ruthelen St and 1306 W Martin Luther King Jr Blvd. While the average home in Los Angeles, CA is selling in 96 days, 1459 W 48Th St has a days on market of 14 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 1459 W 48Th St Los Angeles, CA 90062 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1459 W 48Th St

Public county record property details
Beds
4
Baths
3
Year built
1947
Sq. Ft.
2,435
Lot Size
6,910
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
15
APN
5016-020-015

The source for these homes facts are from public records.

90062 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$799,999
Median List Price/Sq.Ft.
$576
Median Sold Price
$760,000
Median Sold Price/Sq.Ft.
$553
Total Inventory
30
Median Sale to List Price %
85.49%
Avg Days on Market
49
Loan Type
Conventional (80%), FHA (20%), 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.