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1047 48th Street
Los Angeles, CA 90037
This classic California Craftsman Fourplex features a total of 7 bedrooms and 5 bathrooms within 3,600 sq ft, situated on a spacious 7,340 sq ft lot. With abundant potential, this property is perfect for investors looking to remodel/renovate or those considering new construction. Check with LA County for development options. The property includes a two-story Craftsman home with 4 bedrooms and 2 bathrooms showcasing original architecture details throughout. Separate structure housing two 1-bedroom units and an additional 1-bedroom unit above a 2-car garage. Exciting Opportunity to transform this property into a profitable investment! With the unit above the garage soon to be vacant, you can remodel it into a spacious 2-bedroom residence. Plus, there's potential to convert the 2-car garage into an additional 2-bedroom ADU, opening up new income possibilities. Don't miss out on this chance! Total of three structures on the lot. Please do not disturb occupants or walk on the property.
PROPERTY INFORMATION
| MLS # | 24443893 | Lot Size | 7,432 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 780,000
Price Per SqFt: $ 216 |
DOM | 221 Days |
| Address | 1047 48th Street | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 3,612 Sq. Ft. |
| Postal Code | 90037 | Garage | N/A |
| County | Los Angeles | Year Built | 1909 |
| Bed / Bath | 7 / 0 | Parking | N/A |
| Built In | 1909 | Status | Active |
INTERIOR FEATURES
| Has Appliances | Yes |
| Has Heating | Yes |
| Heating Information | Wall Furnace, Natural Gas |
| Has Cooling | No |
| Cooling Information | None |
EXTERIOR FEATURES
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $832
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 09/25/2024 | Listed | $780,000 |
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Listing provided courtesy of Rena Braud, Compass. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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.
