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

$1,030,000 Sold Price as of 07/23/2021
  • 10 Beds
  • 5 Baths
  • 4,388 Sq.Ft.
Sold
$1,030,000 Sold Price as of 07/23/2021 Refinance Your Mortgage
Map preview of 536 W 48th St, Los Angeles, CA 90037

Property Overview: 536 W 48th St Los Angeles, CA has 10 bedrooms, 5 bathrooms, 4,388 living square feet and 6,794 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Market Rents, !! 2 Buildings On 1 Lot On A DESIRABLE And QUIET Street. (3) Two Bedrooms/ One Bathroom And (1) Four Bedroom/ Two Bathroom. Just A Stone's Throw From All Downtown LA Has To Offer, With A Quiet Residential Feel. Property Is Performing At Market Rents. One 2 Bedroom/ 1 Bathroom is currently vacant. Great Cap Rate, Unit 520 (2 Bed/ 1 Bath) and 520 1/2 (4 Bed/ 2 Bath) have been completely renovated completed this year. All tenants are current on their rents. A must see

Listed by Mark Perez | BRE #01279393 | So Cal Properties
Co-listed by Sergio Orzynski | BRE #01998128 | Keller Williams Pacific Estate
Last checked: 11 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 18

Home details

Lot Sq. Ft
6,794
HOA Dues
$0/mo
Year built
1923
Garage
4 Car
Property Type:
Fourplex
Status
Sold
MLS#
RS21102628
City
Los Angeles
County
Los Angeles
Time on Site
1144 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 3
  • # 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: $2,048
  • Total Rent: $2,048
  • Pro Forma/Market Rent: $2,151
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,324
  • Total Rent: $1,324
  • Pro Forma/Market Rent: $2,151
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,618
  • Total Rent: $2,618
  • Pro Forma/Market Rent: $2,618
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,151
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $71,880
  • Net Operating Income: $59,504
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $12,376
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Gardener: $720
  • Insurance: $2,221
  • Water/Sewer: $9,435

Property Details for 536 W 48th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
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: 4
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Features: 0-1 Unit/Acre, Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 5018025009
  • Year Built Source: Public Records
  • Architectural Style: Traditional
  • Foundation Details: Raised
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
  • Utilities: None
Location / Neighborhood
Location Information
  • Directions: North of 49th between Hoover and Figueroa
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 536 W 48th St

Last sold for $1,030,000 on July 23rd, 2021

  • July, 2021

  • Jul 23, 2021

    Date

    Sold

    CRMLS: RS21102628

    $1,030,000

    Price

  • Jun 10, 2021

    Date

    Pending

    CRMLS: RS21102628

    $1,050,000

    Price

  • May 17, 2021

    Date

    Active

    CRMLS: RS21102628

    $1,050,000

    Price

  • May 13, 2021

    Date

    Coming Soon

    CRMLS: RS21102628

    $1,050,000

    Price

  • May, 2021

  • May 12, 2021

    Date

    Expired

    CRMLS: RS20264773

    $1,050,000

    Price

  • Apr 6, 2021

    Date

    Active

    CRMLS: RS20264773

    $1,050,000

    Price

  • Apr 1, 2021

    Date

    Hold

    CRMLS: RS20264773

    $1,050,000

    Price

  • Apr 1, 2021

    Date

    Active

    CRMLS: RS20264773

    $1,050,000

    Price

  • Jan 21, 2021

    Date

    Hold

    CRMLS: RS20264773

    $1,050,000

    Price

  • Jan 1, 2021

    Date

    Active

    CRMLS: RS20264773

    $1,050,000

    Price

  • Dec 31, 2020

    Date

    Coming Soon

    CRMLS: RS20264773

    $1,050,000

    Price

  • Listing provided courtesy of CRMLS

  • July, 2020

  • Jul 11, 2020

    Date

    Expired

    CRMLS: RS20043860

    $1,099,000

    Price

  • Mar 23, 2020

    Date

    Price Change

    CRMLS: RS20043860

    $1,099,000

    Price

  • Mar 23, 2020

    Date

    Active

    CRMLS: RS20043860

    $1,050,000

    Price

  • Feb 28, 2020

    Date

    Active Under Contract

    CRMLS: RS20043860

    $1,050,000

    Price

  • Feb 28, 2020

    Date

    Active

    CRMLS: RS20043860

    $1,050,000

    Price

  • Listing provided courtesy of CRMLS

    Market Rents, !! 2 Buildings On 1 Lot On A DESIRABLE And QUIET Street. (3) Two Bedrooms/ One Bathroom And (1) Four Bedroom/ Two Bathroom. Just A Stone's Throw From All Downtown LA Has To Offer, With A Quiet Residential Feel. Property Is Performing At Market Rents. One 2 Bedroom/ 1 Bathroom Will Be Rented In April at 2,150 At Market Rent. Great Cap Rate, A Must See

  • February, 2020

  • Feb 11, 2020

    Date

    Expired

    CRMLS: RS19206805

    $1,050,000

    Price

  • Jan 24, 2020

    Date

    Hold

    CRMLS: RS19206805

    $1,050,000

    Price

  • Dec 16, 2019

    Date

    Price Change

    CRMLS: RS19206805

    $1,050,000

    Price

  • Dec 4, 2019

    Date

    Active

    CRMLS: RS19206805

    $1,099,000

    Price

  • Nov 15, 2019

    Date

    Active Under Contract

    CRMLS: RS19206805

    $1,099,000

    Price

  • Aug 29, 2019

    Date

    Active

    CRMLS: RS19206805

    $1,099,000

    Price

  • Listing provided courtesy of CRMLS

    Market Rents, !! 2 Buildings On 1 Lot On A DESIRABLE And QUIET Street. (3) Two Bedrooms/ One Bathroom And (1) Four Bedroom/ Two Bathroom. Just A Stone's Throw From All Downtown LA Has To Offer, With A Quiet Residential Feel. Property Is Performing At Market Rents. One 2 Bedroom/ 1 Bathroom Will Be Rented In January At Market Rent. Current Cap Rate 7.8%, A Must See

  • February, 2020

  • Feb 6, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • February, 2019

  • Feb 8, 2019

    Date

    Sold

    CRMLS: SB18294566

    $890,000

    Price

  • Dec 20, 2018

    Date

    Pending

    CRMLS: SB18294566

    $950,000

    Price

  • Dec 20, 2018

    Date

    Active

    CRMLS: SB18294566

    $950,000

    Price

  • Listing provided courtesy of CRMLS

    This is a 10 unit apartment that is fully occupied. Also please note that the accuracy of all information, including square footage and lot size is deemed reliable, but not guaranteed and should be independently verified through personal inspection with appropriate professionals.

  • February, 2019

  • Feb 7, 2019

    Date

    Sold (Public Records)

    Public Records

    $890,000

    Price

Show More

Tax History for 536 W 48th St

Assessed Value (2020): $907,800
Year Land Value Improved Value Assessed Value
2020 $816,000 $91,800 $907,800

Home Value Compared to the Market

This property vs the competition

536 W 48th St sold on July 23, 2021 for 7.08% lower than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $239.29 per/sqft which puts the price per square foot 68.26% lower than the current median sale per square foot for the city of Los Angeles.

About 536 W 48th St

Detailed summary of property

536 W 48th St is a fourplex that recently sold in Los Angeles, CA 90037. This fourplex offered 10 bedrooms, 5 bathrooms, roughly 4,388 living square feet, and sits on an approximately 6,794 square foot lot. 536 W 48th St was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner sold the property for $1,030,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 7.08% lower than the current median priced home. Local homes that are currently for sale include 1306 W Martin Luther King Jr Blvd, 6275 Menlo Ave and 1317 W 40th Pl. While the average home in Los Angeles, CA is selling in 99 days, 536 W 48th St has a days on market of 18 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 536 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 536 W 48th St

Public county record property details
Beds
11
Baths
10
Year built
1925
Sq. Ft.
4,592
Lot Size
6,793
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
9
APN
5018-025-009

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
$744,990
Median List Price/Sq.Ft.
$491
Median Sold Price
$650,000
Median Sold Price/Sq.Ft.
$543
Total Inventory
29
Median Sale to List Price %
100%
Avg Days on Market
41
Loan Type
Conventional (12.5%), FHA (25%), VA (0%), Cash (25%), Other (25%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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Recently Sold Homes Near 536 W 48th St

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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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