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136 W 48th Street, Los Angeles, California 90037, Los Angeles, 90037 - bed, bath

136 W 48th Street, Los Angeles, California 90037 home-pic-0
ACTIVE$1,699,990
136 W 48th Street, Los Angeles, California 90037
0Bed
0Bath
4,150Sqft
4,752Lot
Year Built
2024
Close
-
List price
$1.7M
Original List price
$1.8M
Price/Sqft
$410
HOA
-
Days on market
-
Sold On
-
MLS number
DW25217748
Home ConditionExcellent
Features
Good View: City Lights, Mountain(s), Neighborhood
Patio
ViewCity Lights,Mountain(s),Neighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $1.70M(96th), sqft - 4150(91th), beds - undefined(50th), baths - undefined(50th).

Welcome to 136 W. 48th St, New Construction Triplex (townhome style units). The triplex consists of (3) 3-Bedroom / 3-Bathroom units. Unit 136 is 1406sf, Unit 138 is 1466sf and unit 138 1/2 is 1285sf. There is a master ensuite unit with walk-in closet, freestanding tubs and balcony in each unit. 6 of the 9 Bedrooms have their own balcony. Views of Downtown in the front unit. The property has (1) two-car side by side garage (rented by one of the tenants) and two single parking spaces located in the rear of the property. Each unit includes separate entrances, high efficient tankless water heaters, dual pane vinyl windows, quartz countertops, wood shaker cabinets, waterproof laminate flooring throughout, Berber carpet on the stairs, mirrored closet doors, frameless shower doors, Mitsubishi multizone mini-split celling mounted AC/Heat units throughout (individually controlled per room) and rooftop solar for each unit. The property has artificial lawn to minimize maintenance and water usage. This is new construction, no rent control! Each unit is newly rented. This is a stabilized asset. Agents bring your Buyers/Investors

Price History

Date
Event
Price
12/05/25
Price Change
$1,699,990-5.6%
09/17/25
Listing
$1,799,999
03/22/21
Sold
$368,000
11/21/02
Sold
$199,000
05/24/02
Sold
$85,500
Condition Rating
Excellent
This property is brand new construction, built in 2024, which immediately places it in the 'excellent' category. The listing details confirm high-quality, modern finishes and systems throughout, including quartz countertops, wood shaker cabinets, waterproof laminate flooring, freestanding tubs, frameless shower doors, and energy-efficient features like tankless water heaters, dual-pane windows, multi-zone mini-split AC/Heat, and rooftop solar for each unit. All components are new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

New Construction & No Rent Control: Brand new property (2024 build) exempt from Los Angeles rent control ordinances, offering maximum flexibility for rental income and future appreciation.
Stabilized Income Asset: All three units are newly rented, providing immediate and consistent cash flow for investors from day one.
Modern & Energy-Efficient Features: Equipped with rooftop solar, tankless water heaters, dual-pane windows, and multi-zone mini-split AC/Heat, ensuring low operating costs and high tenant appeal.
Desirable Unit Configuration: Three spacious 3-bedroom, 3-bathroom townhome-style units, each featuring master ensuites, walk-in closets, freestanding tubs, and private balconies (6 out of 9 bedrooms).
Premium Interior Finishes & Views: Units boast quartz countertops, wood shaker cabinets, waterproof laminate flooring, and the front unit offers desirable Downtown city views.

Cons

Recent Price Adjustment: The property has undergone a recent price reduction from $1.799M to $1.699M, which may suggest initial overpricing or a need to attract more buyer interest.
Limited Parking Capacity: With only 4 total parking spaces (one 2-car garage and two single spaces) for three 3-bedroom units, parking could be a challenge for tenants with multiple vehicles.
Specific Sub-Market Appeal: Located in the 90037 zip code (South Los Angeles), the property may cater to a particular investor demographic and tenant profile, potentially limiting broader market appeal compared to other prime LA sub-markets.

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