110 W 48th Street, Los Angeles, California 90037, Los Angeles, 90037 - bed, bath
ACTIVE$470,000
110 W 48th Street, Los Angeles, California 90037
0Bed
0Bath
1,134Sqft
2,400Lot
Year Built
1923
Close
-
List price
$470K
Original List price
$510K
Price/Sqft
$414
HOA
-
Days on market
-
Sold On
-
MLS number
RS24170803
Home ConditionFair
Features
View-
About this home
We found 2 Cons,3 Pros. Rank: price - $470.0K(4th), sqft - 1134(4th), beds - undefined(50th), baths - undefined(50th).
This duplex is located minutes away from Downtown Los Angeles, great for first time home buyer, live in one unit while collect rent on the other, each unit consist in 1 bedroom and 1 bathroom, both units feature kitchen granite counters, living room and formal dining room. Conveniently located blocks away from USC, Los Angeles Coliseum, BMO Stadium, easy access to transportation and freeway access.
Price History
Date
Event
Price
12/17/19
Sold
$365,000
12/26/13
Sold
$250,000
11/15/96
Sold
$2,045
06/16/94
Sold
$103,000
Condition Rating
Fair
The property was built in 1923. While the description mentions granite counters in the kitchen, the images show older appliances and fixtures. The bathrooms appear functional but not recently updated. Given the age and the apparent condition from the images, it requires minor updates to bring it to modern standards.
Pros & Cons
Pros
Income Potential: Duplex property offers immediate income potential, ideal for first-time homebuyers looking to offset mortgage costs by renting out one unit.
Prime Location: Located minutes from Downtown Los Angeles, USC, Los Angeles Coliseum, and BMO Stadium, providing convenient access to amenities and entertainment.
Updated Interiors: Both units feature kitchen granite counters, living room and formal dining room.
Cons
Age of Property: Built in 1923, the property may require ongoing maintenance and potential upgrades due to its age.
Limited Unit Size: Each unit consists of only 1 bedroom and 1 bathroom, which may limit appeal to certain tenant demographics.