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$649,000
EST. MARKET VALUE
$655,347
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $689,999—positioned well below the $675,000 Fair Market Value by -2%. Featuring a 4-bedroom, 3-bathroom layout on a 5,004 sqft lot, the home offers significant value-add potential for those capable of addressing its Condition Rating of 4. While the century-old infrastructure requires comprehensive modernization, the central South Los Angeles location provides strong long-term demand. This is a strategic acquisition ideal for Buy-and-Hold Investors or Contractors seeking to unlock equity through renovation.
Estimated Market Value
$655,347
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 4 bd · 3 ba · 1,349 sqft · $486 | $649,000* List Price | 4 | 3 | 1,349 | $486 | - |
A 1330 E 33rd Sold 4 bd · 3 ba · 1,170 sqft · $573 · 0.9 mi | $670,000 | 4 | 3 | 1,170 | $573 | 0.9 mi |
B 640 E 54th Street Sold 4 bd · 2 ba · 1,279 sqft · $547 · 0.8 mi | $700,000 | 4 | 2 | 1,279 | $547 | 0.8 mi |
C 1608 E Martin Luther King Jr Sold 4 bd · 2 ba · 1,546 sqft · $369 · 0.8 mi | $570,000 | 4 | 2 | 1,546 | $369 | 0.8 mi |
D 5620 Fortuna Sold 3 bd · 1 ba · 984 sqft · $549 · 0.6 mi | $540,000 | 3 | 1 | 984 | $549 | 0.6 mi |
E 1345 E 58th St Street Sold 2 bd · 1 ba · 887 sqft · $603 · 0.6 mi | $535,000 | 2 | 1 | 887 | $603 | 0.6 mi |
F 1220 E 40th Place Sold 2 bd · 1 ba · 1,080 sqft · $550 · 0.8 mi | $593,777 | 2 | 1 | 1,080 | $550 | 0.8 mi |
G 1580 E 45th Street Active 4 bd · 2 ba · 1,210 sqft · $552 · 0.4 mi | $668,000 List Price | 4 | 2 | 1,210 | $552 | 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, the property is functional but significantly dated, with the listing description explicitly calling for a buyer to 'bring their vision' and 'renovate.' The kitchen features older cabinetry and tile, while the reliance on window AC units indicates a lack of modern central HVAC systems. While habitable, the home requires comprehensive cosmetic and system updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Development Potential
The property features a generous 5,004 sqft lot, providing ample space for potential ADU expansion, multiple vehicle parking, or significant outdoor improvements.
- High Utility Layout
With a 4-bedroom, 3-bathroom configuration, the home offers a rare and functional density for its size, making it ideal for large families or high-yield rental opportunities.
- Strategic Central Location
Situated in South Los Angeles, the home provides excellent proximity to Downtown LA, major freeway corridors, and key employment centers, ensuring strong long-term demand.
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.
- Extensive Renovation Required
The property is positioned as a 'fixer-upper' requiring a complete vision, which necessitates a substantial additional capital investment for modernization and repairs.
- Century-Old Infrastructure
Built in 1908, the home likely faces challenges associated with aging systems, including potential needs for updated plumbing, electrical, and structural reinforcement.
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 | 1,675.469 |
| Lot Size | 5,004 | 6,126.393 |
| Price | $649.0K | $1.34M |
| Price per sq ft | $481 | $800 |
| Built year | 1908 | 1941 |
| HOA | $0 | $262 |
| Days on market | 54 | 56 |
Pricing History
Listed for Sale
Oct 8, 2026
$649,000
$659,000
-2% Price Drop
Initial Listing
Price Change
Sep 19, 2026
$659,000
$689,999
-4% Price Drop
Initial Listing
Price Change
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