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5-Bedroom Residential — 1021 W 48th, Los Angeles, CA

$699,000

1021 W 48th, Los Angeles, CA

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About this property

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.

Property details

Bedrooms
5
Bathrooms
4
Square feet
2,096
Year built
1923
Property type
Residential

Location

1021 W 48th • Los Angeles, CA 90037

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Listed by

Mark Perez · Circle Real Estate