160 W 48th Street, Los Angeles, California 90037, Los Angeles, 90037 - 3 bed, 3 bath

160 W 48th Street, Los Angeles, California 90037 home-pic-0
ACTIVE$735,000
160 W 48th Street, Los Angeles, California 90037
3Beds
3Baths
1,152Sqft
4,752Lot
Year Built
1906
Close
-
List price
$735K
Original List price
$750K
Price/Sqft
$638
HOA
-
Days on market
-
Sold On
-
MLS number
TR25111259
Home ConditionGood
Features
Patio
ViewNeighborhood

About this home

Possibly Over-Priced:The estimated price is 4% below the list price. We found 3 Cons,5 Pros. Rank: price - $735.0K(67th), sqft - 1152(24th), beds - 3(50th), baths - 3(91th).

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.

Price History

Date
Event
Price
08/14/25
Price Change
$735,000
05/26/25
Listing
$750,000
02/23/24
Sold
$700,000
09/19/23
Sold
$412,000
Condition Rating
Good

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.
Pros & Cons

Pros

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.
Versatile Interior Layout: The property features a 2nd-level bonus room and an additional room with a separate entrance, providing flexible options for offices, studios, extra bedrooms, or recreational spaces to suit various needs.
Generous & Usable Outdoor Space: Situated on a 4,752 square foot flat lot, the property offers ample and usable backyard space perfect for family barbecues, gatherings, or landscaping enhancements, a valuable asset in an urban environment.

Cons

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.

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