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1970 W 48Th St, Los Angeles, CA 90062
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1970 W 48Th St Los Angeles, CA 90062

$785,000 Sold Price as of 10/20/2023
  • -- Beds
  • -- Baths
  • 2,803 Sq.Ft.
Sold
$785,000 Sold Price as of 10/20/2023 Refinance Your Mortgage
Map preview of 1970 W 48Th St, Los Angeles, CA 90062

Property Overview: 1970 W 48Th St Los Angeles, CA has -- bedrooms, -- bathrooms, 2,803 living square feet and 6,509 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Both 1970 W 48th St and 1972 W 48th Street apart of the sale! Mixed Use 2 Commercial Offices and One Single Family 2 bed 1 bath with a guest house! One of the two Commercial Separate Office spaces have 6 rooms and 1 bathroom, the other office space has 3 rooms and 1 bathroom. Currently the single family and guest house are rented but they can potentially be delivered vacant. Do not miss out on this rare mixed use property near So Fi Stadium, Downtown, shopping centers, Crypto.com Arena, and USC!

Listed by Jacob Mkhitarian | BRE #02039151 | Markarian Realty
Co-listed by Vartan Markarian | BRE #01059771 | Markarian Realty
Last checked: 9 minutes ago | Last updated: October 21st, 2023 | Source CRMLS | DOM: 100

Home details

Lot Sq. Ft
6,509
HOA Dues
$0/mo
Year built
1921
Garage
--
Property Type:
Mixed Use
Status
Sold
MLS#
GD23083386
City
Los Angeles
County
Los Angeles
Time on Site
346 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1970 W 48Th St

Interior Features
Laundry Information
  • Individual Room
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Back Yard, Corner Lot, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Parcel Number: 5015018001
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: S Western Ave and W 48th St
View more facts & features

Local Los Angeles Agent

Sale History for 1970 W 48Th St

Last sold for $785,000 on October 20th, 2023

  • October, 2023

  • Oct 20, 2023

    Date

    Sold

    CRMLS: GD23083386

    $785,000

    Price

  • May 17, 2023

    Date

    Active

    CRMLS: GD23083386

    $799,000

    Price

  • November, 2005

  • Nov 2, 2005

    Date

    Sold (Public Records)

    Public Records

    $260,000

    Price

  • April, 2003

  • Apr 2, 2003

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1970 W 48Th St

Assessed Value (2020): $397,417
Year Land Value Improved Value Assessed Value
2020 $218,668 $178,749 $397,417

Home Value Compared to the Market

This property vs the competition

1970 W 48Th St sold on October 20, 2023 for 32.86% 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 $285.05 per/sqft which puts the price per square foot 62.24% lower than the current median sale per square foot for the city of Los Angeles.

About 1970 W 48Th St

Detailed summary of property

1970 W 48Th St is a mixed use that recently sold in Los Angeles, CA 90062. This mixed use property offered -- bedrooms, -- bathrooms, roughly 2,803 living square feet, and sits on an approximately 6,509 square foot lot. 1970 W 48Th St was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner sold the property for $785,000. 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 32.86% lower than the current median priced home. Local homes that are currently for sale include 5870 Hooper Ave, 5805 Venice Blvd and 9618 S Main St. While the average home in Los Angeles, CA is selling in 94 days, 1970 W 48Th St has a days on market of 100 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 1970 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 1970 W 48Th St

Public county record property details
Beds
1
Baths
1
Year built
1921
Sq. Ft.
2,803
Lot Size
6,508
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
184
APN
5015-018-001

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
$859,000
Median List Price/Sq.Ft.
$582
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%)

Thinking of Selling?

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(714) 706-1823

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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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