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Sold for $900,000
  • Listed by: Tower Agency • Chris Crow • Contact: 909-954-6259
    Bought with: Realty One Group United
    $900,000

    849 W 48th St, Los Angeles, CA 90037

    4beds
    5baths
    3,343sqft
    Triplex
    Built in 1908
    -- sqft lot
    $983,700 Zestimate®
    $269/sqft
    $2,853 Estimated rent

    Home value

    $983,700

    $895,000 - $1.09M

    $2,853/mo

    Zestimate® history
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    What's special

    Multiple islandsModern geometric designSoaking tubLarge sitting areaRear duplexDual sinksAbundant kitchen storage design
    This is it ~ your unicorn property that you've been oh so patiently waiting for ... we're talking POTENTIAL with a capital "P" and underlined 3 times! Welcome to 849 W 48th St in the iconic city of Los Angeles - conveniently located within a short distance to USC, the Coliseum & a multitude of world class shopping, restaurants & museums. This residential income property expertly matches the needs of a single family home, multi-generational living & anyone looking to supplement their income with a rear duplex or add all three to your investment portfolio (there's even potential to easily add a 3rd bedroom)! The main house is a contemporary beacon of sophistication and craftsmanship - displaying a modern geometric design that effortlessly affords cohesion and inclusion. The front of the home is comprised of a bay of windows to naturally let light filter through the main living areas and captures the beauty of the original honey toned parquet wood flooring that runs throughout the first floor. As we enter the heart of the home, you'll be pleasantly surprised by the abundant kitchen storage design, multiple islands & workspaces + a dedicated laundry room with, you guessed it ... "more storage" and an additional sink. As we ascend to the vibrant upper level - be prepared to be dazzled by an eclectic mix of colors & design. An office present includes two large closets & could easily wear many hats! What you'll find are two primary suites ... one is amply sized & features a closet transition area next to its full bathroom. The other ~ well let's just say SIZE MATTERS! An eloquent arrangement of luxury living - this primary suite includes a large sitting area highlighted by a floor to ceiling stone fireplace & would make a GREAT 3RD BEDROOM addition! What you'll find in the remaining space is a closet for the "true fashionista". A retreat bathroom features dual sinks, a soaking tub + a sitting vanity. As we make our way to the rear duplex, we'll find an amazing mix of vintage charm & functionality. Each consists of 1 bedroom & 1 full bathroom at approximately 500 sqft with their own entrances. There is a large oversized two car garage for the property that provides a multitude of possible future uses for this R2 zoned property with 3 separate electric & gas meters (1 shared water meter) and NO HOA + LOW TAXES. Plus, ALL UNITS WILL BE DELIVERED VACANT at the close of escrow. I know this is the property you've been dreaming about ... what are you waiting for?

    Zillow last checked:

    Listing updated:

    Listed by:

    Chris Crow DRE #02071672 909-954-6259,

    Tower Agency

    Bought with:

    Aviva Motavassel, DRE #01127504

    Realty One Group United

    Source: CRMLS,MLS#: IV24006428MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    Rooms
    • Room types: Primary Bathroom, Primary Bedroom, Office
    Primary bedroom
    • Features: Primary Suite
    Heating
    • Central, Wall Furnace
    Cooling
    • Central Air, Wall/Window Unit(s)
    Appliances
    • Included: Dishwasher
    • Laundry: Inside
    Features
    • Primary Suite
    • Flooring: Carpet, Laminate, Tile, Wood
    • Has fireplace: Yes
    • Fireplace features: Living Room, Primary Bedroom
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 3,343
    • Total interior livable area: 3,343 sqft

    Property

    Parking
    • Total spaces: 7
    • Parking features: Driveway, Garage
    • Garage spaces: 2
    • Uncovered spaces: 5
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Facing Street
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 5,858 Square Feet
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 5018011005
    • Special conditions: Standard,Trust

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Condition
    • New construction: No
    • Year built: 1908

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Natural Gas Available, Sewer Connected, Water Available

    Community & HOA

    Community
    • Features: Curbs
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $269/sqft
    • Tax assessed value: $918,000
    • Annual tax amount: $11,478
    • Date on market: 1/12/2024
    • Cumulative days on market: 33 days
    • Listing terms: Cash,Conventional,Submit
    • Tenant pays: Electricity, Gas

    Price history

    DateEventPrice
    3/7/2024Sold$900,000-14.3%$269/sqft
    Source: CRMLS #IV24006428 Report a problem
    3/4/2024Pending sale$1,050,000$314/sqft
    Source: CRMLS #IV24006428 Report a problem
    2/15/2024Contingent$1,050,000$314/sqft
    Source: CRMLS #IV24006428 Report a problem
    1/31/2024Listed for sale$1,050,000$314/sqft
    Source: CRMLS #IV24006428 Report a problem
    1/22/2024Contingent$1,050,000$314/sqft
    Source: CRMLS #IV24006428 Report a problem
    1/12/2024Listed for sale$1,050,000+255.9%$314/sqft
    Source: CRMLS #IV24006428 Report a problem
    7/24/2003Sold$295,000$88/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,478 +1100.2%$918,000 +2466.9%
    2024$956 +0.5%$35,763 +2%
    2023$951 +2.4%$35,062 +2%
    2022$929 +3.6%$34,375 +2%
    2021$896 0%$33,702 +1%
    2020$896 $33,358 +2%
    2019$896 +14.6%$32,705 +2%
    2018$782 $32,065 +2%
    2017$782 +1%$31,437 +2%
    2016$774 +8%$30,821 +1.5%
    2015$717 -3.7%$30,359 +2%
    2014$745 $29,765 +2.5%
    2012-- $29,052 +2%
    2011-- $28,484 +0.7%
    2010-- $28,272 +1.7%
    2008-- $27,786 +2%
    2007-- $27,242 +2%
    2005-- $26,709 +4%
    2004-- $25,674 +1.9%
    2003-- $25,205 +2%
    2002-- $24,712 +4%
    2000-- $23,755
    Find assessor info on the county website

    Neighborhood: South Los Angeles

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $983,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $983,700