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730 E 48Th St, Los Angeles, CA 90011
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730 E 48Th St Los Angeles, CA 90011

$835,000 Sold Price as of 08/23/2024
  • 7 Beds
  • 4 Baths
  • 2,100 Sq.Ft.
Sold
$835,000 Sold Price as of 08/23/2024 Refinance Your Mortgage
Map preview of 730 E 48Th St, Los Angeles, CA 90011

Property Overview: 730 E 48Th St Los Angeles, CA has 7 bedrooms, 4 bathrooms, 2,100 living square feet and 6,602 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This outstanding investment opportunity presents a triple delight with three units, allowing for immediate market rental income. The front unit boasts a luxurious 4-bedroom, 2-bathroom layout that has undergone a comprehensive remodel, featuring brand-new quartz countertops, upgraded flooring, and numerous other enhancements. The middle unit showcases high-quality finishes and is ready to rent, while the third unit is currently occupied. With an eye-catching blend of modern upgrades and strategic rental potential, this property promises not only a comfortable living space but also a lucrative investment.

Listed by Mark Perez | BRE #01279393 | Circle Real Estate
Co-listed by Adrien Aguirre | BRE #02193553 | Circle Real Estate
Last checked: 1 minute ago | Last updated: August 28th, 2024 | Source CRMLS | DOM: 27

Home details

Lot Sq. Ft
6,602
HOA Dues
$0/mo
Year built
1908
Garage
6 Car
Property Type:
Triplex
Status
Sold
MLS#
RS24123404
City
Los Angeles
County
Los Angeles
Time on Site
94 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # 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: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,900
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,400
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
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 730 E 48Th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Outside
Fireplace Information
  • No Fireplace
  • None
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 6
  • # of Parking Spaces: 6
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 5108010024
  • Year Built Source: Estimated
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Between Mckinley Ave, Avalon Blvd
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Los Angeles Agent

Sale History for 730 E 48Th St

Last sold for $835,000 on August 23rd, 2024

  • August, 2024

  • Aug 23, 2024

    Date

    Sold

    CRMLS: RS24123404

    $835,000

    Price

  • Jun 20, 2024

    Date

    Active

    CRMLS: RS24123404

    $799,000

    Price

  • July, 2024

  • Jul 1, 2024

    Date

    Expired

    CRMLS: RS24004088

    $799,000

    Price

  • Jan 25, 2024

    Date

    Active

    CRMLS: RS24004088

    $749,000

    Price

  • Listing provided courtesy of CRMLS

    This outstanding investment opportunity presents a triple delight with three vacant units, allowing for immediate market rental income. The front unit boasts a luxurious 3-bedroom, 2-bathroom layout that has undergone a comprehensive remodel, featuring brand-new quartz countertops, upgraded flooring, and numerous other enhancements. The middle unit is currently undergoing a similar transformation, ensuring consistency in high-quality finishes. Meanwhile, the third unit is soon to be vacant, paving the way for renovations to commence promptly. With an eye-catching blend of modern upgrades and a strategic rental potential, this property promises not only a comfortable living space but also a lucrative investment..

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Tax History for 730 E 48Th St

Assessed Value (2020): $42,533
Year Land Value Improved Value Assessed Value
2020 $16,782 $25,751 $42,533

Home Value Compared to the Market

This property vs the competition

730 E 48Th St sold on August 23, 2024 for 28.66% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $380.48 per/sqft which puts the price per square foot 47.45% lower than the current median sale per square foot for the city of Los Angeles.

About 730 E 48Th St

Detailed summary of property

730 E 48Th St is a triplex that recently sold in Los Angeles, CA 90011. This triplex offered 7 bedrooms, 4 bathrooms, roughly 2,100 living square feet, and sits on an approximately 6,602 square foot lot. 730 E 48Th St was first listed on ArdentRealEstateGroup.com on June 17, 2024. The homeowner sold the property for $835,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 28.66% lower than the current median priced home. Local homes that are currently for sale include 1260 E 49th St, 223 E 55th St and 1247 E Vernon Ave. While the average home in Los Angeles, CA is selling in 106 days, 730 E 48Th St has a days on market of 27 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 730 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 730 E 48Th St

Public county record property details
Beds
4
Baths
3
Year built
1908
Sq. Ft.
1,896
Lot Size
6,600
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
17
APN
5108-010-024

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
$620,000
Median List Price/Sq.Ft.
$532
Median Sold Price
$590,000
Median Sold Price/Sq.Ft.
$438
Total Inventory
52
Median Sale to List Price %
102.61%
Avg Days on Market
46
Loan Type
Conventional (0%), FHA (83.33%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

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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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