Sold for $720,000

Listed by: Circle Real Estate • Mark Perez • Contact: 562-521-9022

Bought with: DLP Realty Sales & Loans

$720,000

1021 W 48th St, Los Angeles, CA 90037

5beds

2,096sqft

Duplex

Built in 1923

7,470 Square Feet Lot

$-- Zestimate^®

$344/sqft

$4,046 Estimated rent

Home value

Not available

Estimated sales range

Not available

$4,046/mo

Zestimate^® history

Owner options

List your home for rent

$4,046/mo

Rent Zestimate^®

Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

Learn more

$4,046/mo

Rent Zestimate^®

Refinance and save

$4,684/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

See today's rates

$4,684/mo

Est. payment

Explore your selling options

Work with a Zillow partner agent

Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

Get started

List with your own agent

Get your home in front of millions of buyers by listing it on Zillow.

Learn how to do it

Sell it yourself

Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

List your home

What's special

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.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 4
Full bathrooms: 4
Main level bathrooms: 4
Main level bedrooms: 5

Rooms

Room types: Living Room

Cooling

None

Appliances

Laundry: None

Features

Has fireplace: Yes
Fireplace features: Living Room
Common walls with other units/homes: No Common Walls

Interior area

Total interior livable area: 2,096 sqft

Property

Parking

Total spaces: 2
Parking features: Garage
Garage spaces: 2

Features

Levels: Two
Stories: 2
Entry location: 1
Pool features: None
Has view: Yes
View description: None

Lot

Size: 7,470 Square Feet
Features: 0-1 Unit/Acre

Details

Parcel number: 5017029007
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Property subtype: Duplex

Condition

New construction: No
Year built: 1923

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Curbs

Location

Region: Los Angeles

Financial & listing details

Price per square foot: $344/sqft
Tax assessed value: $276,377
Annual tax amount: $3,749
Date on market: 2/2/2026
Cumulative days on market: 13 days
Listing terms: Submit

Price history

Date	Event	Price
6/15/2026	Sold	$720,000+3%$344/sqft
Source: CRMLS #RS26024318 Report a problem
6/4/2026	Pending sale	$699,000$333/sqft
Source: CRMLS #RS26024318 Report a problem
6/2/2026	Listed for sale	$699,000$333/sqft
Source: CRMLS #RS26024318 Report a problem
2/11/2026	Pending sale	$699,000$333/sqft
Source: CRMLS #RS26024318 Report a problem
2/3/2026	Listed for sale	$699,000-12.5%$333/sqft
Source: CRMLS #RS26024318 Report a problem
9/21/2025	Listing removed	$799,000$381/sqft
Source: CLAW #25580269 Report a problem
9/16/2025	Listed for sale	$799,000$381/sqft
Source: CLAW #25580269 Report a problem
8/20/2025	Contingent	$799,000$381/sqft
Source: CLAW #25580269 Report a problem
8/19/2025	Listed for sale	$799,000$381/sqft
Source: CLAW #25580269 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,749 -40.9%	$276,377 +2%
2024	$6,344 +75.9%	$270,959 +2%
2023	$3,607 +4.4%	$265,647 +2%
2022	$3,454 +1.6%	$260,439 +2%
2021	$3,401 -0.9%	$255,333 +1%
2020	$3,430	$252,716 +2%
2019	$3,430 +8.1%	$247,762 +2%
2018	$3,174	$242,905 +2%
2017	$3,174 +2.1%	$238,143 +2%
2016	$3,110 +3%	$233,474 +1.5%
2015	$3,020 +0.6%	$229,968 +2%
2014	$3,003	$225,464 +2.5%
2012	--	$220,046 +2%
2011	--	$215,732 +0.8%
2010	--	$214,120 -0.2%
2009	--	$214,629 +2%
2008	--	$210,421 +2%
2007	--	$206,296 +2%
2006	--	$202,252
2005	--	$202,252 +13.9%
2004	--	$177,597 +1.9%
2003	--	$174,343 +2%
2002	--	$170,926 +4%
2000	--	$164,291