1481 W 49th, Los Angeles, California 90062, Los Angeles, 90062 - 3 bed, 2 bath
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1481 W 49th
Los Angeles, California 90062
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,452Sq Ft
5,793Lot Size
Property Price
LIST PRICE$949,000
EST. MARKET VALUE
$890,900
6% AboveMARKET VALUE
SUMMARY
This Turnkey Craftsman-Style Home is a Strong Value Opportunity, listed at $995,000—positioned above the $917,525 Fair Market Value. While priced at a premium, the property features an Excellent Condition Rating with a fully remodeled kitchen, modern bathrooms, and central HVAC, ensuring a move-in ready experience. The generous 5,793 sqft lot with alley access provides significant potential for an ADU, enhancing long-term utility. Ideally located near USC and major sports venues, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-quality, low-maintenance urban residence.
Estimated Market Value
$890,900
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 |
|---|---|---|---|---|---|---|
★ 1481 W 49th Subject | $949,000* List Price | 3 | 2 | 1,452 | $614 | - |
A 1519 W 51st Place Sold | $859,000 | 3 | 2 | 1,426 | $602 | 0.2 mi |
B 4904 S Van Ness Avenue Sold | $735,000 | 3 | 2 | 1,252 | $587 | 0.8 mi |
C 1506 W 54th Street Sold | $925,000 | 3 | 2 | 1,682 | $550 | 0.4 mi |
D 4716 S Van Ness Avenue Sold | $749,000 | 3 | 2 | 1,446 | $518 | 0.8 mi |
E 1857 W 41st Street Sold | $1,025,011 | 3 | 1 | 1,465 | $700 | 1.0 mi |
F 4182 Denker Avenue Sold | $800,000 | 3 | 2 | 1,191 | $672 | 0.6 mi |
G 4177 Halldale Avenue Sold | $775,000 | 3 | 1 | 1,483 | $523 | 0.6 mi |
H 1527 W 45th Street Sold | $1,010,000 | 4 | 2 | 1,822 | $554 | 0.3 mi |
I 1724 W 43rd Street Active | $899,000 List Price | 3 | 2 | 1,406 | $639 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property has undergone a comprehensive recent renovation (likely <5 years) featuring a modern kitchen with flat-panel cabinetry and quartz countertops, fully updated bathrooms with contemporary tiling, and new waterproof laminate flooring. It includes updated systems such as central HVAC, making it move-in ready with no immediate maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Remodel
This 1912 Craftsman has been fully updated with a modern kitchen, renovated bathrooms, and central HVAC, offering the charm of a character home with the convenience of move-in ready finishes.
- Prime Urban Connectivity
Ideally situated near USC, Downtown LA, and major sports venues like SoFi Stadium and the Coliseum, providing excellent accessibility for commuters and high appeal for potential rental income.
- Development Potential
The generous 5,793 sqft lot includes rare alley access, offering significant potential for an Accessory Dwelling Unit (ADU) or expanded outdoor living space in a high-demand area.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Low School Ratings
The property is served by local schools with ratings ranging from 1 to 3, which may be a significant drawback for families prioritizing high-performing educational districts.
- Premium Pricing
Listed at nearly $1M, the price point is at the higher end for the immediate neighborhood, which may present appraisal challenges or limit the pool of buyers compared to more affordable local options.
About 1481 W 49th
Beautifully Remodeled Craftsman-Style Home in a Prime Location! Welcome to this charming Craftsman-style home featuring 3 bedrooms and 2 bathrooms, thoughtfully remodeled and move-in ready. The home offers a beautifully updated kitchen and bathrooms, a spacious primary bedroom, waterproof laminate flooring, and fresh interior paint. Enjoy the comfort of central air conditioning and heating, along with a generously sized backyard featuring alley access, offering added convenience and potential. Ideally located near Downtown Los Angeles, USC, the LA Memorial Coliseum, BMO Stadium, and SoFi Stadium, with convenient access to major freeways, shopping, dining, and entertainment. The property also features beautiful landscaping and a welcoming neighborhood setting. A wonderful opportunity for homeowners and investors alike. Easy to show—bring your buyers and come see this beautiful home!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1912
- Lot Size
- 5,793 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Normandie Avenue Elementary School
Grades K-5 • 0.4 mi
3/10
Dr. James Edward Jones Primary Center
Grades K-2 • 0.6 mi
0/10
Marguerite Poindexter Lamotte Elementary
Grades K-5 • 0.8 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,452 | 1,664.159 |
| Lot Size | 5,793 | 6,066.556 |
| Price | $949.0K | $1.35M |
| Price per sq ft | $654 | $806 |
| Built year | 1912 | 1939 |
| HOA | $0 | $278 |
| Days on market | 27 | 55 |
Pricing History
Listed for Sale
Aug 27, 2026
$949,000
$995,000
-5% Price Drop
Initial Listing
Price Change
Aug 13, 2026
$995,000
Initial Listing
Sold
Sep 28, 2016
$225,000
Public Record
Sold
Nov 20, 2009
$200,000
Public Record
Sold
Dec 29, 2006
$452,000
Public Record