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

$686,500 Sold Price as of 01/28/2022
  • 2 Beds
  • 3 Baths
  • 2,217 Sq.Ft.
Sold
$686,500 Sold Price as of 01/28/2022 Refinance Your Mortgage
Map preview of 937 W 48Th St, Los Angeles, CA 90037

Property Overview: 937 W 48Th St Los Angeles, CA has 2 bedrooms, 3 bathrooms, 2,217 living square feet and 5,868 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Tired of paying your landlord's mortgage? Well, look no further! THIS is the income property you have been waiting for- a three-for-one deal. This property offers a front house which features a 2 Bedroom and 1 Bathroom. In the rear, you will find two Studio Units with 1 Bathroom each. The home features an in-unit Laundry. Say goodbye to the laundromat! Each of the units is separately metered and have their own garages. - wonderful for privacy, storage, and space. The property is conveniently close to USC, Convention Center, Staples Center, Museums, Metro Line, and the 110 freeway!! Whether you're looking to live in one and rent the other, combining households, or benefit from residual income-this is it!

Listed by Liz Samuels | BRE #01500122 | Berkshire Hathaway HomeServices California Properties
Last checked: 15 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 30

Home details

Lot Sq. Ft
5,868
HOA Dues
$0/mo
Year built
1912
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
SB21226328
City
Los Angeles
County
Los Angeles
Time on Site
934 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: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,100
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,100
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: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 937 W 48Th St

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Carpet
  • Laundry, Living Room
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Driveway, Garage Faces Rear
Lot Information
  • Lot Features: Back Yard, Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 5018010007
  • Year Built Source: Assessor
  • Architectural Style: Craftsman
  • Property is not Attached
  • Property Condition: Fixer
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: Next to S. Vermont Avenue
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 937 W 48Th St

Last sold for $686,500 on January 28th, 2022

  • January, 2022

  • Jan 28, 2022

    Date

    Sold

    CRMLS: SB21226328

    $686,500

    Price

  • Oct 14, 2021

    Date

    Active

    CRMLS: SB21226328

    $685,000

    Price

Tax History for 937 W 48Th St

Assessed Value (2020): $191,059
Year Land Value Improved Value Assessed Value
2020 $113,622 $77,437 $191,059

Home Value Compared to the Market

This property vs the competition

937 W 48Th St sold on January 28, 2022 for 42.44% 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 $308.98 per/sqft which puts the price per square foot 59.08% lower than the current median sale per square foot for the city of Los Angeles.

About 937 W 48Th St

Detailed summary of property

937 W 48Th St is a multi family that recently sold in Los Angeles, CA 90037. This multi family property offered 2 bedrooms, 3 bathrooms, roughly 2,217 living square feet, and sits on an approximately 5,868 square foot lot. 937 W 48Th St was first listed on ArdentRealEstateGroup.com on October 15, 2021. The homeowner sold the property for $686,500. 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 42.44% lower than the current median priced home. Local homes that are currently for sale include 1496 W Vernon Ave, 1507 W 51St St and 1507 W 51St St. While the average home in Los Angeles, CA is selling in 96 days, 937 W 48Th St has a days on market of 30 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 937 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 937 W 48Th St

Public county record property details
Beds
2
Baths
3
Year built
1912
Sq. Ft.
2,217
Lot Size
5,867
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
15
APN
5018-010-007

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
$725,000
Median List Price/Sq.Ft.
$560
Median Sold Price
$667,000
Median Sold Price/Sq.Ft.
$444
Total Inventory
31
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%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(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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