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$699,000
Est. payment /mo
7,470 Sqft Lot
New
1021 W 48th Los Angeles, CA 90037
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID RS25259301
HOA Y/N No
Year Built 1923
Lot Size 7,470 Sqft
Property Sub-Type Duplex
Property Description
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.
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Interior
Cooling None
Fireplaces Type Living Room
Fireplace Yes
Laundry None
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Curbs
View Y/N No
View None
Total Parking Spaces 2
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5017029007
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard

Listed by Mark Perez Circle Real Estate 562-754-0660
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