1021 W 48th Los Angeles, CA ^$ 699,000

1021 W 48th

^$ 699,000

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1021 W 48th

Los Angeles, CA, 90037

^$ 699,000

Studio Baths1.0 Sq 2,096

Monthly Estimate*

^$ 4,361

Listed by Circle Real Estate

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $699,000 with 1 full bath. This 2,096 square foot home was built in 1923 on a lot size of 0.1715.

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.

Multi-Family Active

Price

^$ 699,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1715

Year Built

1923

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

RS25259301

Days on Market

Features

General

Sewer Public Sewer

Cooling None

HOA Fee 0

Garage Spaces 2

Pool Features None

Year Built 1923

View None

Stories Count 2

Levels Two

Property Subtype Duplex

Gross Income 0

Community Features Curbs

County Los Angeles

Net Operating Income 0

Operating Expense 0

Insurance Expense 0

New Construction false

Property Type Residential Income

HOA false

Contingency Please send offers to both mark@socalpropertiesteams.com and gabriel@socalpropertiesteams.com

Garage Y/N true

Special Listing Conditions Standard

Status Active

Directions 48th Street and Kansas Street

City Los Angeles

Entry Location 1

Senior Community Y/N false

Number Of Units Total 2

MLS Area C34 - Los Angeles Southwest

Lot Size Units Square Feet

Lot Size Square Feet 7470

Listing Terms Cash

Property Attached Y/N false

Land Lease Y/N false

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N false

Rent Control Y/N true

Building Area Units Square Feet

Standard Status Active

Year Built Source Estimated

Tax Lot 8

Property Sub Type Additional Duplex

Expected Active Date 2025-11-13

Interior

Fireplace Features Living Room

Total Stories 2

Common Walls No Common Walls

Air Conditioning Y/N false

Fireplace Y/N true

Laundry Features None

Entry Level 1

Exterior

Lot Features 0-1 Unit/Acre

Water Source Public

Total Parking 2

Lot Size Area 7470

Number of Buildings 1

Building Area Total 2096

Lot Size Acres 0.1715

Private Pool false

Lot Size Source Estimated

Number of Separate Water Meters 1

Number of Separate Gas Meters 1

Number of Separate Electric Meters 1

* Excluded Features

List By

Circle Real Estate

Broker

mark@socalpropertiesteams.com

Affordability Calculator

$4,361

Per Month

Monthly Principal & Interest: $4,361
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,897,717

Percent of Sale Price 171%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/20/2025	$699,000		Listed Price

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1021 W 48th, Los Angeles, CA, 90037 is a Multi-Family Home for sale at $699,000 with 2,096 sqft and a lot size of 0.1715. 1021 W 48th is a studio with 1.0 baths and was built in 1923. The property's zip code is 90037 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/18/2025. 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.

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1021 W 48th

Multi-Family Home for sale in Los Angeles, CA

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