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3313 W 48Th St, Los Angeles, CA 90043
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3313 W 48Th St Los Angeles, CA 90043

$1,295,000
  • 24 Beds
  • 22 Baths
  • 11,131 Sq.Ft.
For Sale
$1,295,000 Get Pre-Qualified
Map preview of 3313 W 48Th St, Los Angeles, CA 90043

Property Overview: 3313 W 48Th St Los Angeles, CA has 24 bedrooms, 22 bathrooms, 11,131 living square feet and 7,742 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: *** Ownership is highly-motivated and will meet the market. We just reduced the price by $200,000, please bring all offers. In addition, ownership is offering seller financing - $300,000 @ 3% for one year. ** 3313 West 48th Street is a 10 unit market-rate RTI development located 0.3 miles from the Metro K-Line, Leimert Park Plaza, and the intersection of Crenshaw Blvd. & Leimert Blvd. This RTI development opportunity is next to two of the most significant community-driven investment projects in South Los Angeles, and is surrounded by numerous projects currently under construction by prolific developers. The 7,731 SF corner lot (zoned C2) has approved plans to develop 3 duplexes (2,827 SF each) and a 977 SF ADU. Plans call for 3 duplexes (2,827 SF each) and a 977 SF ADU. The front duplex will feature (2) 3-bdrm. and 3-bath units with roof decks, the middle duplex will feature a 3-bdrm. and 2.5-bath unit and a 4-bdrm. and 4.5-bath unit with a roof deck. The rear duplex will feature (2) 3-bdrm. and 3-bath units. Each duplex features a recreation room that is designed to be converted to an ADU after the Certificate of Occupancy.

Listed by Max Berger | BRE #02054048 | Compass
Last checked: 10 minutes ago | Last updated: March 22nd, 2024 | Source CRMLS | DOM: 42
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Home details

Lot Sq. Ft
7,742
HOA Dues
$0/mo
Year built
2024
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24367537
City
Los Angeles
County
Los Angeles
Time on Site
49 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 10
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 4
  • Furnishing: Unfurnished
  • Total Rent: $0
Unit Breakdown 2
  • # of Units: 4
  • # of Beds: 3
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Total Rent: $0
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 3313 W 48Th St

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Property Details for 3313 W 48Th St

Interior Features
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Side by Side
Lot Information
  • Lot Size Source: Plans
Property Information
  • Total # of Units: 10
  • Parcel Number: 5013021001
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: 0.3 miles south of Metro K-Line Leimert Station, Leimert Park Plaza, and the intersection of Crenshaw Blvd. & Leimert Blvd.
View more facts & features

Local Los Angeles Agent

Sale History for 3313 W 48Th St

Last sold for $236,000 on February 5th, 2004

  • March, 2024

  • Mar 10, 2024

    Date

    Active

    CRMLS: 24367537

    $1,500,000

    Price

  • February, 2004

  • Feb 5, 2004

    Date

    Sold (Public Records)

    Public Records

    $236,000

    Price

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Tax History for 3313 W 48Th St

Assessed Value (2020): $306,796
Year Land Value Improved Value Assessed Value
2020 $300,302 $6,494 $306,796

Home Value Compared to the Market

This property vs the competition

3313 W 48Th St is listed 4.77% higher than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $773 and this home is listed at $116.34 per/sqft which puts the price per square foot 84.95% lower than the median price per square foot for the city of Los Angeles.

About 3313 W 48Th St

Detailed summary of property

3313 W 48Th St is a multi family located in Los Angeles, CA 90043 and is currently for sale. This multi family property offers 24 bedrooms, 22 bathrooms, roughly 11,131 living square feet, and sits on an approximately 7,742 square foot lot. 3313 W 48Th St was first listed on ArdentRealEstateGroup.com on March 12, 2024. The homeowner is currently asking $1,295,000 and was originally asking $1,500,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 4.77% higher than the median priced home. Local competing homes currently for sale include 3846 W 58th Pl, 6321 11th Ave and 6320 10th Ave. While the average home in Los Angeles, CA is selling in 96 days, 3313 W 48Th St has a days on market of 42 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 3313 W 48Th St Los Angeles, CA 90043 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3313 W 48Th St

Public county record property details
Beds
--
Baths
--
Year built
1935
Sq. Ft.
781
Lot Size
7,730
Stories
1
Type
Office Bldg (General)
Pool
No
Spa
No
County
Los Angeles
Lot#
134
APN
5013-021-001

The source for these homes facts are from public records.

90043 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$949,000
Median List Price/Sq.Ft.
$588
Median Sold Price
$852,000
Median Sold Price/Sq.Ft.
$567
Total Inventory
82
Median Sale to List Price %
100.24%
Avg Days on Market
28
Loan Type
Conventional (16.67%), FHA (8.33%), VA (0%), Cash (25%), Other (25%)

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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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