849 W 48Th St, Los Angeles, CA 90037
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849 W 48Th St Los Angeles, CA 90037

$900,000 Sold Price as of 03/07/2024
  • 4 Beds
  • 4.5 Baths
  • 3,343 Sq.Ft.
Sold
$900,000 Sold Price as of 03/07/2024 Refinance Your Mortgage

Map preview of 849 W 48Th St, Los Angeles, CA 90037

Property Overview: 849 W 48Th St Los Angeles, CA has 4 bedrooms, 4.5 bathrooms, 3,343 living square feet and 5,858 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This is it ~ your unicorn property that you've been oh so patiently waiting for ... we're talking POTENTIAL with a capital "P" and underlined 3 times! Welcome to 849 W 48th St in the iconic city of Los Angeles - conveniently located within a short distance to USC, the Coliseum & a multitude of world class shopping, restaurants & museums. This residential income property expertly matches the needs of a single family home, multi-generational living & anyone looking to supplement their income with a rear duplex or add all three to your investment portfolio (there's even potential to easily add a 3rd bedroom)! The main house is a contemporary beacon of sophistication and craftsmanship - displaying a modern geometric design that effortlessly affords cohesion and inclusion. The front of the home is comprised of a bay of windows to naturally let light filter through the main living areas and captures the beauty of the original honey toned parquet wood flooring that runs throughout the first floor. As we enter the heart of the home, you'll be pleasantly surprised by the abundant kitchen storage design, multiple islands & workspaces + a dedicated laundry room with, you guessed it ... "more storage" and an additional sink. As we ascend to the vibrant upper level - be prepared to be dazzled by an eclectic mix of colors & design. An office present includes two large closets & could easily wear many hats! What you'll find are two primary suites ... one is amply sized & features a closet transition area next to its full bathroom. The other ~ well let's just say SIZE MATTERS! An eloquent arrangement of luxury living - this primary suite includes a large sitting area highlighted by a floor to ceiling stone fireplace & would make a GREAT 3RD BEDROOM addition! What you'll find in the remaining space is a closet for the "true fashionista". A retreat bathroom features dual sinks, a soaking tub + a sitting vanity. As we make our way to the rear duplex, we'll find an amazing mix of vintage charm & functionality. Each consists of 1 bedroom & 1 full bathroom at approximately 500 sqft with their own entrances. There is a large oversized two car garage for the property that provides a multitude of possible future uses for this R2 zoned property with 3 separate electric & gas meters (1 shared water meter) and NO HOA + LOW TAXES. Plus, ALL UNITS WILL BE DELIVERED VACANT at the close of escrow. I know this is the property you've been dreaming about ... what are you waiting for?

Listed by CHRISTOPHER CROW | BRE #02071672 | Windermere Tower Properties
Last checked: 8 minutes ago | Last updated: March 25th, 2024 | Source CRMLS | DOM: 33

Home details

Lot Sq. Ft
5,858
HOA Dues
$0/mo
Year built
1908
Garage
2 Car
Property Type:
Triplex
Status
Sold
MLS#
IV24006428
City
Los Angeles
County
Los Angeles
Time on Site
127 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: 2
  • # of Baths: 3
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,900
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
  • Trash: $1,000
  • Insurance: $1,000
  • Water/Sewer: $1,200

Virtual Tour

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Property Details for 849 W 48Th St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Central, Wall Furnace
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • Has Fireplace
  • Living Room, Primary Retreat
Room Information
  • Flooring: Carpet, Laminate, Tile, Wood
  • Primary Bathroom, Primary Bedroom, Primary Suite, Office
Kitchen Information
  • Has Appliances
  • Dishwasher
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 7
  • Has Parking
  • Parking Features: Driveway, Garage
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 5018011005
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Available
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: *No Special Directions
Neighborhood Information
  • Community Features: Curbs
View more facts & features

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Sale History for 849 W 48Th St

Last sold for $900,000 on March 7th, 2024
  • March, 2024

  • Mar 7, 2024

    Date

    Sold

    CRMLS: IV24006428

    $900,000

    Price

  • Jan 12, 2024

    Date

    Active

    CRMLS: IV24006428

    $1,050,000

    Price

  • July, 2003

  • Jul 24, 2003

    Date

    Sold (Public Records)

    Public Records

    $295,000

    Price

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Tax History for 849 W 48Th St

Assessed Value (2020): $33,358
Year Land Value Improved Value Assessed Value
2020 $16,564 $16,794 $33,358

Home Value Compared to the Market

This property vs the competition

849 W 48Th St sold on March 7, 2024 for 11.76% 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 $314.09 per/sqft which puts the price per square foot 58.4% lower than the current median sale per square foot for the city of Los Angeles.

About 849 W 48Th St

Detailed summary of property

849 W 48Th St is a triplex that recently sold in Los Angeles, CA 90037. This triplex offered 4 bedrooms, 4.5 bathrooms, roughly 3,343 living square feet, and sits on an approximately 5,858 square foot lot. 849 W 48Th St was first listed on ArdentRealEstateGroup.com on January 12, 2024. The homeowner sold the property for $900,000. 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 11.76% lower than the current median priced home. Local homes that are currently for sale include 1217 W 60th Pl, 815 W 62nd Pl and 3915 Walton Ave. While the average home in Los Angeles, CA is selling in 92 days, 849 W 48Th St has a days on market of 33 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 849 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 849 W 48Th St

Public county record property details
Beds
6
Baths
4
Year built
1908
Sq. Ft.
3,313
Lot Size
5,857
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
25
APN
5018-011-005

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
$749,000
Median List Price/Sq.Ft.
$517
Median Sold Price
$667,000
Median Sold Price/Sq.Ft.
$444
Total Inventory
32
Median Sale to List Price %
106.72%
Avg Days on Market
21
Loan Type
Conventional (0%), FHA (50%), VA (0%), Cash (33.33%), Other (0%)

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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.