160 W 48th Street, Los Angeles, California 90037, Los Angeles, 90037 - 3 bed, 3 bath
160 W 48th Street
Los Angeles, California 90037
Property Price
SUMMARY
Analysis of 160 W 48th Street, Los Angeles, California 90037 reveals a property with a current list price of $735,000, which is 4% above the estimated $698,832 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 160 W 48th Street Subject | $735,000* List Price | 3 | 3 | 1,152 | $607 | - |
A 840 W 53rd Street Sold | $635,000 | 3 | 2 | 1,189 | $534 | 0.8 mi |
B 820 W 50th Street Sold | $680,000 | 3 | 2 | 1,422 | $478 | 0.7 mi |
C 341 W 42nd St Sold | $680,000 | 3 | 2 | 1,273 | $534 | 0.6 mi |
D 4605 Orchard Avenue Sold | $735,000 | 3 | 2 | 1,086 | $677 | 0.8 mi |
E 710 W 49th Place Active | $749,000 List Price | 3 | 3 | 1,226 | $611 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Despite being built in 1906, the property has undergone significant cosmetic renovations, making it move-in ready. The kitchen features modern dark shaker cabinets, stainless steel appliances, and dark countertops. Bathrooms are updated with contemporary vanities, modern tiling, and fixtures. New wood-look tile flooring is present in common areas and bathrooms, with clean carpet in bedrooms. While key areas are updated, the property's age suggests that major systems (plumbing, electrical, HVAC) may not have been fully replaced or are not explicitly detailed as such, preventing an 'Excellent' rating.
PROSSTRENGTHS & OPPORTUNITIES
- Development & Income Potential
R2 zoning allows for the possibility of a second unit in the back, coupled with existing flexible spaces like a bonus room and an additional room with a separate entrance, offering strong potential for ADU conversion, rental income, or multi-generational living.
- Prime Urban Location & Accessibility
Strategically located near Downtown Los Angeles (DTLA), USC campus, major freeways, public transportation, and a wealth of amenities including shopping centers, restaurants, parks, and cultural attractions, enhancing convenience and lifestyle.
- Charming Craftsman Architecture
The home retains its original 'Charming Craftsman-style' character, which is a desirable aesthetic for many buyers seeking historical charm and architectural integrity.
CONSRISKS & DEFICIENCIES
- Age of Property & Undisclosed System Condition
Built in 1906, the property's age suggests potential for original or aging major systems (electrical, plumbing, HVAC) that may require significant and costly updates, which are not detailed in the description.
- Lack of Modern Interior Upgrades
Beyond 'wood-like tile flooring,' the description lacks mention of recent, comprehensive modern renovations to key areas like the kitchen and bathrooms, which buyers often expect in this price range for a competitive edge.
- Aggressive Price History
The property's recent sales history shows a rapid and substantial increase in value ($412k in Sept 2023 to $700k in Feb 2024, now $735k), which could indicate a speculative flip or potential overvaluation without clear, significant improvements justifying the jump.
About 160 W 48th Street
In the heart of Los Angeles, this Charming Craftsman-style single-family home, spans approximately 1,152 square feet and is situated on a 4,752 square foot lot, offering ample space both indoors and outdoors. The home features 3 spacious bedrooms, 2 full bathrooms, and 1 - 1/2 bathroom, with the laundry facility within, designed to strike a balance between comfort and functionality. The living room is bright and inviting, featuring wood-like tile flooring throughout, maintaining the original character of the home. The 2nd level has a bonus room and living spaces (possible extra bedroom, office, recreation, studio). There is an additional room with its separate entrance at the rear of the home for creative uses, such as an office, studio, etc. Entertain in the backyard space with family barbecue parties, and gatherings, or simply enjoy Southern California’s weather. This property features a flat, usable space with potential for landscaping enhancements. With R2 Zoning, there's a possibility of a 2nd unit in the back. With DTLA just a few miles away, this home enjoys proximity to numerous amenities. Convenient access to public transportation, major freeways, and shopping centers. Nearby USC campus, restaurants, parks, and local attractions add to the vibrant community feel. Your short drive to surrounding attractions offers immense cultural, dining, and entertainment options.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1906
- Lot Size
- 4,752 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 90% |
| Square foot | 1,152 | 1,257 | 34% |
| Lot Size | 4,752 | 5,443 | 24% |
| Price | $735.0K | $655.0K | 62% |
| Price per sq ft | $638 | $464 | 90% |
| Built year | 1906 | 1911 | 10% |
| HOA | $0 | $0 | 50% |
| Days on market | 284 | 186 | 83% |
Pricing History
Listed for Sale
Aug 14, 2025
$735,000
Initial Listing
Price Change
May 26, 2025
$750,000
Initial Listing
Sold
Feb 23, 2024
$700,000
Public Record
Sold
Sep 19, 2023
$412,000
Public Record