1021 W 48th, Los Angeles, CA 90037
Duplex
Sold June 2026
Listing Agent: Mark Perez (DRE #01279393) · Listing Office: Circle Real Estate · Contact: 562-754-0660 · Bought with: Elvis Navarro · DLP Realty Sales & Loans · MLS #RS26024318 · Source: CRMLS
How this sale compares
1021 W 48th sold for $720,000 in June 2026, 3.0% over its $699,000 list price, after 13 days on the market. That works out to $344 per square foot on 2,096 square feet. Across 88 closed sales in 90037 over the last 12 months, the median sold price is $710,000 and the median is $444 per square foot, 29% above this sale's $344.
| Quarter | Closed sales in 90037 | Median sold price |
|---|---|---|
| Q1 2026 | 7 | $645,000 |
| Q2 2026 | 43 | $720,000 |
| Q3 2026 | 29 | $720,000 |
| Q4 2026 | 9 | $689,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Los Angeles · Homes for sale in 90037
Description
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.
Listing description from the June 2026 sale, as reported to CRMLS.
Sale history
Recent sales near 1021 W 48th
961 W 47th Street: Sold $1,085,000 · Jul 2026 · 0.1 mi
Rodeo Realty | DRE #01127356
Buyer's agent: DeVone Richard, OYT Real Estate | DRE #018573831037 W 46th Street: Sold $590,000 · 3 bd · 2 ba · 1,414 sqft · Aug 2026 · 0.1 mi
Redfin Corporation | DRE #01206834
Buyer's agent: Elvia Vasquez, Keller Williams Realty Los Feliz | DRE #010448531150 W 48th Street: Sold $1,100,000 · 5 bd · 4 ba · 2,782 sqft · Jul 2026 · 0.2 mi
Estate Properties | DRE #01415795
Buyer's agent: Letty Vermeulen Hernandez, Aspire Los Angeles | DRE #01773473872 W 47th Street: Sold $660,000 · 2 bd · 1 ba · 1,090 sqft · Aug 2026 · 0.2 mi
CENTURY 21 PRIMETIME REALTORS | DRE #01341862
Buyer's agent: Jashiel Munoz Peral, The Real Estate Lane | DRE #02146535856 W 47th Street: Sold $1,300,000 · 12 bd · 8 ba · 4,510 sqft · Sep 2026 · 0.2 mi
1247 W 49th Street: Sold $550,000 · 3 bd · 1 ba · 1,392 sqft · Jul 2026 · 0.3 mi
eXp Realty of Greater Los Angeles | DRE #02139600
Buyer's agent: Matt Roth, MATT ROTH | DRE #011534705116 S Budlong Avenue: Sold $898,000 · Aug 2026 · 0.3 mi
Luxury Collective | DRE #02159983
Buyer's agent: Amalia Ochoa, The Proud Crowd Inc. | DRE #019336751043 W 52nd: Sold $1,300,000 · Jun 2026 · 0.3 mi
Engel & Volkers Beverly Hills | DRE #01931731
Buyer's agent: Mayra Berumen, Engel & Volkers Beverly Hills | DRE #01931731
Closed sales reported in 90037, nearest first, last 12 months. All recent sales in Los Angeles →