Commercial: MLS #0026851643
Los Angeles, CA, 90062 $ 450,000
Bedrooms-- Baths-- Monthly Estimate*
$ 2,841
for $450,000. This building was built in 1949.
Rare opportunity to acquire a highly visible commercial property in the Vermont Square neighborhood west of Western Blvd. Made up of two buildings, with a driveway that offers parking and access to a sizeable backyard perfect for storage or an outdoor lounge area. The two buildings offer three independent multi-office suites (two suites are built out to accommodate reception/administrative area plus offices, kitchenette and interior bathroom and one ready to build out space w/kitchenette and plumbed for a bathroom.) Located in the heart of Los Angeles. Zoned **LAC2**, this versatile asset offers exceptional potential for an owner-user, investor, creative office, professional services business, retail operator, or redevelopment opportunity. Positioned along a well-traveled commercial corridor with strong street presence, the property benefits from excellent exposure, pedestrian traffic, and convenient access to major thoroughfares throughout the city. The front commercial space features approximately **489 square feet** and is currently configured with a reception area, private office, kitchenette, and restroom. The storefront offers prominent street-facing windows, gated entry, and dedicated driveway access, creating an ideal setting for a variety of business uses. Above the commercial space is a separate second-story office suite of approximately **563 square feet**, accessible via a private exterior staircase. This flexible space includes multiple office areas, a restroom, and an expansive rooftop deck with sweeping neighborhood views and iconic palm tree-lined streetscapes. The upper level presents an excellent opportunity for additional rental income, professional office use, or creative workspace. A detached rear structure provides additional storage and utility space, while the gated driveway accommodates off-street parking. The property's **LAC2 zoning** opens the door to numerous commercial, retail, office, and mixed-use possibilities (Buyer to verify all development and use potential with the City of Los Angeles). Buyer to verify all measurements of square footage, assessor's records only reflect 540 sq ft for primary address 1975 W 48th Street. Located in a dynamic and rapidly evolving area near Leimert Park, View Park, Inglewood, USC, Exposition Park, Downtown Los Angeles, and major transportation corridors, this property offers a compelling combination of current functionality, income potential, and long-term upside. Whether you're seeking a business location, investment property, or future development opportunity, 1975 W 48th Street delivers flexibility, visibility, and value in one of Los Angeles' most strategically positioned neighborhoods.
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FeaturesGeneralZoning LAC2
Security Features Window Bars
Construction Materials Stucco
Year Built 1949
County Los Angeles
Property Type Commercial Sale
Status Active
City Los Angeles
MLS Area PHHT - Park Hills Heights
Standard Status Active
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InteriorTotal Stories 2
Air Conditioning Y/N false
Total Baths 0
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ExteriorLot Features Level with Street
Lot Size Area 2352
Lot Dimensions 47x50
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* Excluded FeaturesList ByPacific Playa RealtyBroker
tmackproperties@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,841
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyCommerical listings in Los Angeles, CA
Average List Price $2,624,986
Percent of Sale Price 483%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
0 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/7/2026 | $450,000 | | Listed Price |