
Los Angeles, California 90062
This Modern 2011-Built Residence represents a Strong Value Opportunity, listed at $1,049,000—positioned below the $1,057,618 Fair Market Value by 1%. Boasting a Good Condition Rating, the 2,215 sqft interior features an open-concept layout, renovated flooring, and a versatile bonus room. The expansive 7,512 sqft lot with alley access provides a prime footprint for ADU development, offering $8,618 in Instant Equity. Located within the Los Angeles Unified district, this property balances contemporary construction with high rental demand. It is ideal for Owner-Occupants or Multi-generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1812 W 48th Subject | $999,900* List Price | 4 | 2 | 2,215 | $473 | - |
A 5035 Denker Ave Sold | $1,000,000 | 6 | 3 | 1,990 | $503 | 0.4 mi |
B 4156 Halldale Sold | $740,000 | 4 | 2 | 1,516 | $488 | 0.8 mi |
C 4427 S Wilton Place Sold | $966,756 | 3 | 2 | 1,651 | $586 | 0.3 mi |
D 1540 W 47th Street Sold | $935,000 | 4 | 3 | 1,900 | $492 | 0.4 mi |
E 1726 W 52nd Active | $1,200,000 List Price | 4 | 3 | 2,106 | $570 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2011, this property is move-in ready and falls within the 10-20 year age bracket for a 'good' rating. The interior features recent upgrades including new flooring and recessed lighting. The kitchen is well-maintained with stainless steel appliances and stone countertops, and the bathrooms have been updated with modern tiling. While the cabinetry reflects the original 2011 style rather than a full contemporary renovation, the home shows minimal wear and tear and includes efficient systems like a new tankless water heater.
Built in 2011, this home offers a rare modern foundation and updated building standards in a neighborhood dominated by much older properties, reducing immediate maintenance concerns.
The expansive 7,512 sqft lot features alley access and a spacious detached garage, providing a prime opportunity to construct an Accessory Dwelling Unit for rental income or multi-generational living.
With 2,215 sqft of living space, the floor plan includes a desirable first-floor bedroom and an upstairs bonus room, offering excellent flexibility for a home office, gym, or guest quarters.
The property was recently sold within the past year on 2025-09-30. The sold price is $775,000.00.
For a four-bedroom home of this size, having only two bathrooms may be a significant drawback for larger families and is below the typical ratio for modern luxury residences.
The list price exceeds $1 million in a sub-market where many surrounding homes are priced lower, which may challenge buyer perceptions of value despite the newer construction.
Rare opportunity to own a newer-built home (2011) in a neighborhood primarily known for older properties with crawl space foundations. This well-designed residence offers a spacious open-concept layout, where the expansive living room seamlessly connects to the dining area and kitchen—ideal for both everyday living and effortless entertaining. Two elegant French doors open to the side patio, creating a desirable indoor-outdoor flow. The first floor features a generously sized bedroom with multiple access points, perfect for guests, extended family, or flexible living arrangements. A convenient laundry room with direct backyard access adds everyday functionality. Upstairs, you’ll find 3 additional bedrooms and a full bathroom. One bedroom offers a private balcony, providing a unique retreat. A versatile bonus room adds valuable flex space—ideal for a home office, gym, or playroom. Recent upgrades include fully renovated flooring, recessed lighting throughout, and a new tankless water heater for enhanced efficiency. A long driveway leads to a spacious two-car garage, while the expansive backyard—with alley access—offers excellent potential for an ADU. Perfect for those seeking space, flexibility, and future opportunity, this home truly has it all.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 76% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,215 | 1,450 | 91% |
| Lot Size | 7,512 | 5,410 | 97% |
| Price | $999.9K | $727.5K | 76% |
| Price per sq ft | $451 | $553 | 21% |
| Built year | 2011 | 1913 | 97% |
| HOA | $0 | $0 | 50% |
| Days on market | 20 | 186 | 3% |
Apr 15, 2026
$999,900
$1,049,000
-5% Price Drop
Initial Listing
Apr 2, 2026
$1,049,000
Initial Listing
Sep 30, 2025
$775,000
Public Record
Sep 24, 2008
$350,000
Public Record