1425 W 48th Street Los Angeles, CA $ 888,000
1425 W 48th Street
$ 888,000
Recently Listed
Open House 4/14 11am - 2pm
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1425 W 48th Street

Los Angeles, CA, 90062
$ 888,000
Baths1.0 Sq 5,686

Monthly Estimate*

$ 5,468

Listed by The Agency
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Studio

Multi-Family Home for sale in Los Angeles, CA

for $888,000 with 1 full bath. This 5,686 square foot home was built in 1924 on a lot size of 0.1449.

Vermont Square | 1924 Spanish Fourplex | Owner-User or Investment OpportunityBuilt in 1924, 1423 W 48th Street is a rare four-unit Spanish-style property located in the Vermont Square neighborhood of South Los Angeles, offering a level of character and architectural presence that simply cannot be replicated today.From the moment you walk in, the architecture sets the tone, the details reflect a time when buildings were designed with permanence in mind. Spanish properties from this era have a presence that goes beyond style. Inside, the original charm continues. Hardwood floors, built-in features, and thoughtfully designed layouts create spaces that feel natural and functional rather than overbuilt.From an investment standpoint, this is a COMPELLING OPPORTUNITY. The property offers stable, income-producing potential in a rental market driven by consistent demand. Properties with this level of character tend to lease easily and foster longer-term tenancy, supporting reliable performance over time.For an owner-user, the appeal is even greater. Living in one unit while generating income from the others is a proven strategy. The existing configuration also offers future flexibility. Two garages and a separate rear structure present potential for ADU conversion or expanded living space (buyer to verify), creating additional upside for both investors and owner-occupants. The location ties it all together. Positioned just off Crenshaw Boulevard with access to Vermont Avenue and the surrounding South Los Angeles grid, the property sits within an area that continues to see steady reinvestment and new housing development. It is connected, active, and evolving.1423 W 48th Street is not about chasing trends. It is about owning something that has already stood the test of time, in a location that continues to move forward.For buyers who understand the Los Angeles market, this is the property you have been waiting for!

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Open House

4/14/2026 11:00 AM - 2:00 PM
4/16/2026 12:00 PM - 2:00 PM
4/19/2026 12:00 PM - 2:00 PM
1425 W 48th Street Los Angeles, CA
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

$ 888,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1449

Year Built

1924

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

P126646

Days on Market

16

Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling None
Roof Spanish Tile
Zoning LAR1
HOA Fee 0
Garage Spaces 4
Architectural Style Spanish
Pool Features None
Construction Materials Plaster
Year Built 1924
Tenant Pays Electricity Gas
View None
Stories Count 2
Levels Two
Property Subtype Quadruplex
Gross Income 73693
Community Features Curbs Street Lights Sidewalks
Accessibility Safe Emergency Egress from Home Parking
County Los Angeles
Net Operating Income 36182
Operating Expense 35300
Insurance Expense 2872
New Construction false
Property Type Residential Income
Subdivision Name Not Applicable
Facing Direction West
Garage Y/N true
Special Listing Conditions Standard Trust
Status Active
Directions Cross Street: Normandy Avenue
City Los Angeles
Entry Location Ground Level
Senior Community Y/N false
Number Of Units Total 4
Lot Size Units Square Feet
Lot Size Square Feet 6314
Number of Units Leased 3
Listing Terms Cash Cash to New Loan Conventional 1031 Exchange Submit
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Trash Expense 1200
Water Sewer Expense 2400
Additional Parcels Y/N false
Rent Control Y/N true
Standard Status Active
Year Built Source Assessor
Tax Lot 8
Property Sub Type Additional Quadruplex
Cap Rate 4.07
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Interior
Interior Amenities Beamed Ceilings Wired for Sound
Flooring Wood
Fireplace Features None
Total Stories 2
Common Walls 1 Common Wall
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Laundry Features Inside
Total Baths 0
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Exterior
Exterior Amenities Awning(s)
Fencing Wrought Iron
Parking Features Door-Multi Driveway Garage Garage Faces Rear Unassigned
Lot Features Near Public Transit Sprinklers None
Water Source Public
Total Parking 4
Lot Size Area 6314
Park Name Vermont Square Park
Number of Buildings 1
Spa false
Building Area Total 5686
Lot Dimensions 6314
Lot Size Acres 0.1449
Private Pool false
Lot Size Source Public Records
Number of Separate Water Meters 0
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
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* Excluded Features
List By
The Agency

Broker

ddrtoussaint@gmail.com

Email

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Default based on a 30-year fixed rate of 6.25% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/13/2026$888,000 Listed Price

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1425 W 48th Street, Los Angeles, CA, 90062 is a Multi-Family Home for sale at $888,000 with 5,686 sqft and a lot size of 0.1449. 1425 W 48th Street is a studio with 1.0 baths and was built in 1924. The property's zip code is 90062 which is in Los Angeles, CA