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1050 W 48th Street, Los Angeles, California 90037, Los Angeles, 90037 - 4 bed, 3 bath

1050 W 48th Street, Los Angeles, California 90037 home-pic-0
ACTIVE$986,800
1050 W 48th Street, Los Angeles, California 90037
4Beds
3Baths
1,702Sqft
6,502Lot
Year Built
1910
Close
-
List price
$987K
Original List price
$999K
Price/Sqft
$580
HOA
-
Days on market
-
Sold On
-
MLS number
25518399
Home ConditionExcellent
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 41% below the list price. We found 4 Cons,5 Pros. Rank: price - $986.8K(94th), sqft - 1702(65th), beds - 4(62th), baths - 3(91th).

ONCE IN A LIFETIME OPPORTUNITY!! FULLY VACANT!! 2 homes in one lot. Welcome to this completely remodeled two units perfectly situated walking distance to everything he city has to offer. This property offers an incredible combination of comfort, convenience, and potential, making it an ideal choice for homeowners and savvy investors alike. The front unit is a spacious and inviting 3-bedroom, 2-bathroom residence, thoughtfully designed to accommodate families or multiple tenants. Boasting ample natural light, a functional layout, stylish finishes, in unit washer and dryer, and an electric brand new fireplace. This unit creates a warm and welcoming atmosphere perfect for modern living. At the rear of the property and attached to the front, you'll find a charming 1-bedroom, 1-bathroom ADU spanning 634 sq ft. This cozy space is perfect for guests, extended family, or as a separate rental unit. The thoughtful design ensures privacy while maintaining easy access to the main residence. Whether you're looking for extra living space, a home office, or another rental opportunity, this ADU enhances the property's value and potential. Outside, the duplex features a low-maintenance yard and dedicated parking, offering convenience and comfort. The location couldn't be better nestled in a dynamic neighborhood close to parks, schools, shops, and public transportation, ensuring that both units will remain highly desirable for renters or owner-occupants. Don't miss this incredible opportunity to own a multifaceted property in one of LA's thriving communities. Whether you're looking to live in one unit and rent the other or generate multiple streams of rental income, this single plus ADU has it all! Schedule a viewing today to experience the potential and charm firsthand!

Nearby schools

/10
Dr. James Edward Jones Primary Center
Public,•K-2•0.1mi
2/10
Marguerite Poindexter Lamotte Elementary
Public,•K-5•0.3mi
3/10
Normandie Avenue Elementary School
Public,•K-5•0.4mi
3/10
Fifty-Second Street Elementary School
Public,•K-5•0.4mi
5/10
Menlo Avenue Elementary School
Public,•K-5•0.6mi
5/10
West Vernon Avenue Elementary School
Public,•K-5•0.8mi
2/10
Western Avenue Elementary School
Public,•K-5•0.9mi
2/10
Martin Luther King Jr. Elementary School
Public,•K-5•1.2mi
2/10
Main Street Elementary School
Public,•K-5•1.2mi
3/10
Trinity Street Elementary School
Public,•K-5•1.6mi
3/10
Angeles Mesa Elementary School
Public,•K-5•1.6mi
2/10
Forty-Second Street Elementary School
Public,•K-5•1.7mi
/10
Maple Primary Center
Public,•K-1•1.7mi
2/10
Tom Bradley Global Awareness Magnet School
Public,•K-5•2.0mi
3/10
Sixth Avenue Elementary School
Public,•K-5•2.5mi
2/10
John Muir Middle School
Public,•6-8•0.9mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•0.9mi
3/10
William Jefferson Clinton Middle School
Public,•6-8•1.7mi
3/10
Los Angeles Academy Middle
Public,•6-8•1.8mi
1/10
Horace Mann Junior High School
Public,•6-8•1.9mi
2/10
Audubon Middle School
Public,•6-8•2.2mi
3/10
Manual Arts Senior High School
Public,•9-12•0.6mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,•9-12•1.0mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,•9-12•2.1mi
3/10
Nava College Preparatory Academy
Public,•9-12•2.5mi
5/10
Santee Education Complex
Public,•9-12•2.7mi

Price History

Date
Event
Price
07/18/25
Sold
$955,000
12/11/24
Sold
$548,000
Condition Rating
Excellent
Despite being built in 1910, the property has undergone a 'completely remodeled' renovation, as stated in the description and evidenced by the images. Both the main unit and the ADU feature brand new, modern kitchens with shaker cabinets, quartz-like countertops, and contemporary black fixtures. Bathrooms are also fully updated with new vanities, toilets, and stylish tiled shower/tub combos with black-framed glass enclosures. New light-colored laminate flooring, recessed lighting, and mini-split AC units throughout indicate a comprehensive and high-quality renovation, meeting current standards with virtually new components and no visible deferred maintenance.
Pros & Cons

Pros

Dual-Unit Configuration & Income Potential: Features two fully remodeled, vacant units (3B/2B main house + 1B/1B attached ADU), offering significant flexibility for rental income, multi-generational living, or a home office.
Extensive Remodel & Modern Amenities: Both units have been completely remodeled with stylish finishes, ample natural light, functional layouts, and include in-unit washer/dryer and a brand new electric fireplace, ensuring modern comfort.
Prime Urban Location: Strategically situated within walking distance to parks, schools, shops, and public transportation, enhancing convenience and desirability for residents.
Full Vacancy: The property is fully vacant, providing immediate occupancy for an owner-user or allowing investors to select new tenants and maximize rental income without existing lease complications.
Practical Outdoor Features: Includes a low-maintenance yard and dedicated parking, which are valuable amenities in an urban environment, offering convenience and ease of upkeep.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-07-18. The sold price is $955,000.00. The property was recently sold within the past year on 2024-12-11. The sold price is $548,000.00.
Significant Overpricing: The current list price of $986,800 is substantially higher than the property's estimated value of $576,339, indicating a potential overvaluation of 41% based on available data.
Age of Structure (1910 Build): Despite a recent remodel, the property's 1910 construction year suggests potential for underlying issues with original systems (e.g., plumbing, electrical, foundation) that may not have been fully upgraded.
Attached ADU Configuration: The ADU is described as 'attached to the front' unit, which may offer less privacy compared to a fully detached ADU, potentially limiting its appeal for certain tenants or family arrangements seeking complete separation.

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