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Status: ACTIVE

1021 W 48th St 
Los Angeles, CA 90037

$749,000

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Investor opportunity in the heart of Vermont Square! This Craftsman-style home offers 7 bedrooms and 2 bathrooms across 2,096 sq. ft. of living space, situated on a 6,470 sq. ft. lot. The property is legally a duplex that was converted into a single-family residence at an unknown time, creating a spacious floor plan with one bedroom upstairs and the rest on the main level. The home includes a driveway and garage, plus an additional parcel directly behind the property (APN: 5017-029-043, 1,000 sq. ft.) which is included in the sale. The property needs cosmetic upgrades, a potential floor plan reconfiguration, and possibly a new roof, making it an ideal project for investors seeking value-add potential. Zoned LAR1 and delivered vacant, this home is ready for its next chapter. Conveniently located near USC, Exposition Park, and major freeways, this is a prime opportunity in an up-and-coming neighborhood.
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Bedrooms
7
Baths
4
House Size
2,096 sqft
Year Built
1923
Lot Size
0.17 ac

Location

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Property Information

community
Curbs
sewer
Public Sewer
water source
Public
  • Listed By Mark Perez
  • mark@socalpropertiesteams.com
  • Circle Real Estate
  • (562) 521-9022
  • broker@circlere.com
  • MLS RS25226282

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Estimated Monthly Cost

$4,770

30 year fixed·6.9% interest rate
Principal & Interest
$3,946
Property Taxes
$624
Home Insurance
$200
HOA Fees
$0
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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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