1302 E 48th, Los Angeles, California 90011, Los Angeles, 90011 - 4 bed, 3 bath
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1302 E 48th
Los Angeles, California 90011
ACTIVE
CONDITION: FAIR
4Beds
3Baths
1,349Sq Ft
5,004Lot Size
Property Price
LIST PRICE$689,999
EST. MARKET VALUE
$674,421
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $689,999—positioned well below the $674,421 Fair Market Value by -2%. While the property requires significant updates, its Fair Condition Rating and generous 5,004 sqft lot provide a blank canvas for value-add renovations. The central South Los Angeles location offers proximity to major employment hubs and transit, making it a strategic acquisition. This is an ideal project for Fix-and-Flip Investors or Contractors seeking to unlock equity through strategic modernization and development.
Estimated Market Value
$674,421
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1302 E 48th Subject | $689,999* List Price | 4 | 3 | 1,349 | $500 | - |
A 640 E 54th Street Sold | $700,000 | 4 | 2 | 1,279 | $547 | 0.8 mi |
B 1608 E Martin Luther King Jr Sold | $570,000 | 4 | 2 | 1,546 | $369 | 0.8 mi |
C 1220 E 40th Place Sold | $593,777 | 2 | 1 | 1,080 | $550 | 0.8 mi |
D 1580 E 45th Street Active | $670,000 List Price | 4 | 2 | 1,210 | $554 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1908, this property features a dated interior with popcorn ceilings and laminate flooring. The kitchen cabinets and tile appear to be from a renovation older than 20 years. The presence of window AC units suggests a lack of modern central HVAC, and the listing description explicitly markets the home as a renovation project needing 'vision' and 'updates'.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1349, other record living area = 1104.
About 1302 E 48th
Welcome to 1302 E 48th Place, Los Angeles, CA 90011 — a spacious 4-bedroom, 3-bathroom home offering tremendous potential for the buyer ready to bring their vision to life. This property provides a great canvas to renovate, update, and truly make it your own. Whether you’re looking to create your future home or searching for a property with value-add potential, this home offers plenty of possibilities. One of the property’s standout features is its generously sized lot, providing ample space for multiple vehicles, outdoor entertaining, or the potential to expand or explore additional improvements or development, subject to city requirements and approvals. Located in South Los Angeles, the property offers convenient access to Downtown Los Angeles, major freeways, employment centers, shopping, dining, entertainment, and many of the city’s attractions. Bring your creativity and imagination! With four bedrooms, three bathrooms, a large lot, and a central Los Angeles location, this is an excellent opportunity to transform an existing home into something special. Bring your vision. Make it your own. Unlock the possibilities!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1908
- Lot Size
- 5,004 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Hooper Avenue Elementary School
Grades 1-5 • 0.2 mi
2/10
Ascot Avenue Elementary School
Grades K-5 • 0.3 mi
4/10
Sally Ride Elementary: A Smart Academy
Grades K-5 • 0.4 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,349 | 1,664.159 |
| Lot Size | 5,004 | 6,066.556 |
| Price | $690.0K | $1.35M |
| Price per sq ft | $511 | $806 |
| Built year | 1908 | 1939 |
| HOA | $0 | $278 |
| Days on market | 9 | 55 |
Pricing History
Listed for Sale
Aug 31, 2026
$689,999
Initial Listing
Sold
Mar 11, 2020
$465,000
Public Record
Sold
Feb 17, 2017
$345,000
Public Record
Sold
Jul 9, 2012
$223,000
Public Record
Sold
Jun 9, 2011
$162,500
Public Record
Sold
Jun 28, 2010
$140,000
Public Record