Search
720 E 48th St, Los Angeles, CA 90011
View Photos

720 E 48th St Los Angeles, CA 90011

$510,000 Sold Price as of 05/10/2021
  • 4 Beds
  • 2 Baths
  • 1,332 Sq.Ft.
Sold
$510,000 Sold Price as of 05/10/2021 Refinance Your Mortgage
Map preview of 720 E 48th St, Los Angeles, CA 90011

Property Overview: 720 E 48th St Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,332 living square feet and 6,600 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to this true pride of ownership duplex in one of the most developing areas in the heart of Los Angeles. Whether you want to start your day with a warm caramel brûlée latte at the local Starbucks that’s a 5 minute drive or whether it’s the weekend and you will want to eventually head out with the family to see some Major League Soccer action with Carlos Vela and the LA Football Club at the local Bank of California stadium that’s only 10 minutes away, you will want to call this home to be ready for the endless possibilities that come with the surrounding area. One unit is 3 bedrooms and 1 bathroom and the other unit is 1 bedroom and 1 bathroom. Property comes with a storage room that is attached to the garage. Huge 6,600 square feet lot gives you the opportunity to add 2 Accessory Dwelling Units “granny flats” (per City of LA Zoning department). Start this New Year the right way!

Listed by Leandro Gonzalez | BRE #01999082 | C-21 Realty Team
Last checked: 1 minute ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 27

Home details

Lot Sq. Ft
6,600
HOA Dues
$0/mo
Year built
1921
Garage
1 Car
Property Type:
Multi Family
Status
Sold
MLS#
RS20256321
City
Los Angeles
County
Los Angeles
Time on Site
1205 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,475
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $41,700
  • Net Operating Income: $36,900
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $4,800
  • New Taxes: $6,738
  • Trash: $0
  • Insurance: $0

Property Details for 720 E 48th St

Interior Features
Laundry Information
  • No Laundry
  • None
Room Information
  • All Bedrooms Down, Living Room
Kitchen Information
  • Has Appliances
  • Range Hood, Water Heater
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Has Fence
  • Fair Condition, Wrought Iron
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Driveway, Concrete, Garage, Garage Faces Front
Lot Information
  • Lot Features: Back Yard, Front Yard, Rectangular Lot, Park Nearby, Paved, Walkstreet
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: City Lights
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 5108010028
  • Year Built Source: Assessor
  • Property is Attached
  • Accessibility Features: 2+ Access Exits, Parking
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Unknown
  • Water Source: Private
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: Going North on Avalon Blvd make a right on 48th street or if coming south from Avalon make a left on 48th street between Avalon Blvd and McKinley Ave
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 720 E 48th St

Last sold for $510,000 on May 10th, 2021

  • May, 2021

  • May 11, 2021

    Date

    Sold

    CRMLS: RS20257062

    $510,000

    Price

  • Mar 12, 2021

    Date

    Pending

    CRMLS: RS20257062

    $539,000

    Price

  • Mar 4, 2021

    Date

    Active

    CRMLS: RS20257062

    $539,000

    Price

  • Feb 10, 2021

    Date

    Pending

    CRMLS: RS20257062

    $539,000

    Price

  • Jan 20, 2021

    Date

    Active

    CRMLS: RS20257062

    $539,000

    Price

  • Jan 1, 2021

    Date

    Pending

    CRMLS: RS20257062

    $539,000

    Price

  • Dec 14, 2020

    Date

    Active

    CRMLS: RS20257062

    $539,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome to this true pride of ownership duplex in one of the most developing areas in the heart of Los Angeles. Whether you want to start your day with a warm caramel brûlée latte at the local Starbucks that’s a 5 minute drive or whether it’s the weekend and you will want to eventually head out with the family to see some Major League Soccer action with Carlos Vela and the LA Football Club at the local Bank of California stadium that’s only 10 minutes away, you will want to call this home to be ready for the endless possibilities that come with the surrounding area. One unit is 3 bedrooms and 1 bathroom and the other unit is 1 bedroom and 1 bathroom. Property comes with a legal storage room that is attached to the garage. Huge 6,600 square feet lot gives you the opportunity to add 2 Accessory Dwelling Units “granny flats” (per City of LA Zoning department) Start this New Year the right way!

  • May, 2021

  • May 11, 2021

    Date

    Sold

    CRMLS: RS20256321

    $510,000

    Price

  • Mar 12, 2021

    Date

    Pending

    CRMLS: RS20256321

    $539,000

    Price

  • Mar 4, 2021

    Date

    Active

    CRMLS: RS20256321

    $539,000

    Price

  • Feb 10, 2021

    Date

    Pending

    CRMLS: RS20256321

    $539,000

    Price

  • Jan 20, 2021

    Date

    Active

    CRMLS: RS20256321

    $539,000

    Price

  • Jan 1, 2021

    Date

    Pending

    CRMLS: RS20256321

    $539,000

    Price

  • Dec 12, 2020

    Date

    Active

    CRMLS: RS20256321

    $539,000

    Price

Show More

Tax History for 720 E 48th St

Assessed Value (2020): $165,873
Year Land Value Improved Value Assessed Value
2020 $129,107 $36,766 $165,873

Home Value Compared to the Market

This property vs the competition

720 E 48th St sold on May 10, 2021 for 54.71% 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 $404.65 per/sqft which puts the price per square foot 46.4% lower than the current median sale per square foot for the city of Los Angeles.

About 720 E 48th St

Detailed summary of property

720 E 48th St is a multi family that recently sold in Los Angeles, CA 90011. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 1,332 living square feet, and sits on an approximately 6,600 square foot lot. 720 E 48th St was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $510,000. 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 54.71% lower than the current median priced home. Local homes that are currently for sale include 1507 W 51St St, 5953 S Denker Ave and 1643 E 87th Pl. While the average home in Los Angeles, CA is selling in 93 days, 720 E 48th St has a days on market of 27 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 720 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 720 E 48th St

Public county record property details
Beds
4
Baths
2
Year built
1921
Sq. Ft.
1,332
Lot Size
6,599
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
21
APN
5108-010-028

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
$650,000
Median List Price/Sq.Ft.
$457
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$405
Total Inventory
40
Median Sale to List Price %
104.76%
Avg Days on Market
54
Loan Type
Conventional (33.33%), FHA (25%), VA (0%), Cash (33.33%), Other (8.33%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 720 E 48th St

Nearby Homes for Sale

110 W 48th St, Los Angeles, CA 90037
$479,800
2 Beds
2 Baths
1134 Sq.Ft.
110 W 48th St
Los Angeles, CA 90037
219 W 51st St, Los Angeles, CA 90037
$549,995
3 Beds
2 Baths
1706 Sq.Ft.
219 W 51st St
Los Angeles, CA 90037
623 E 36th St, Los Angeles, CA 90011
$599,000
2 Beds
2 Baths
1126 Sq.Ft.
623 E 36th St
Los Angeles, CA 90011
2411 Griffith Ave, Los Angeles, CA 90011
$549,000
2 Beds
2 Baths
1064 Sq.Ft.
2411 Griffith Ave
Los Angeles, CA 90011
424 E 61st Street, Los Angeles, CA 90003
$599,999
4 Beds
2 Baths
2136 Sq.Ft.
424 E 61st Street
Los Angeles, CA 90003
700 W 53rd St, Los Angeles, CA 90037
$558,900
5 Beds
2 Baths
2 Sq.Ft.
700 W 53rd St
Los Angeles, CA 90037
1201 W 54th St, Los Angeles, CA 90037
$599,000
3 Beds
2 Baths
1894 Sq.Ft.
1201 W 54th St
Los Angeles, CA 90037
1201 W 54th St, Los Angeles, CA 90037
$599,000
3 Beds
2 Baths
1894 Sq.Ft.
1201 W 54th St
Los Angeles, CA 90037
845 E 80th St, Los Angeles, CA 90001
$599,000
4 Beds
0 Baths
1326 Sq.Ft.
845 E 80th St
Los Angeles, CA 90001
1253 W 65th St, Los Angeles, CA 90044
$599,000
3 Beds
2 Baths
1708 Sq.Ft.
1253 W 65th St
Los Angeles, CA 90044
1510 W 53rd St, Los Angeles, CA 90062
$599,000
4 Beds
2 Baths
1696 Sq.Ft.
1510 W 53rd St
Los Angeles, CA 90062
1507 W 51St St, Los Angeles, CA 90062
$599,000
4 Beds
2 Baths
1092 Sq.Ft.
1507 W 51St St
Los Angeles, CA 90062

Recently Sold Homes Near 720 E 48th St

695 E 49th St, Los Angeles, CA 90011
$530,000 Last Sold Price
6 Beds
4 Baths
1844 Sq.Ft.
695 E 49th St
Los Angeles, CA 90011
665 E 49th St, Los Angeles, CA 90011
$610,000 Last Sold Price
5 Beds
2 Baths
1787 Sq.Ft.
665 E 49th St
Los Angeles, CA 90011
750 E 48th St, Los Angeles, CA 90011
$650,000 Last Sold Price
16 Beds
0 Baths
2096 Sq.Ft.
750 E 48th St
Los Angeles, CA 90011
737 E 47th St, Los Angeles, CA 90011
$700,000 Last Sold Price
5 Beds
5 Baths
1724 Sq.Ft.
737 E 47th St
Los Angeles, CA 90011

Related Resources to 720 E 48th St

New Listings in 90011
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

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.

Refi Quote