434 W 48th Street, Los Angeles, California 90037, Los Angeles, 90037 - 3 bed, 2 bath
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Los Angeles, California 90037
This 3-bedroom, 2-bath Single Family Residence represents a High-Potential Investment Opportunity, listed at $675,000—positioned well above the $653,815 Fair Market Value by 3%. While the property requires modernization, its Condition Rating of 4 and 6,081 sq. ft. lot provide a solid foundation for value-add renovations. The central location near USC and major transit hubs ensures consistent rental demand. This asset is ideal for Buy-and-Hold Investors or Contractors seeking to leverage the property's significant expansion potential and prime Los Angeles positioning.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 434 W 48th Street Subject | $675,000* List Price | 3 | 2 | 1,218 | $537 | - |
A 1111 W 54th Sold | $640,000 | 3 | 1 | 1,188 | $539 | 0.8 mi |
B 1225 W 52nd Street Sold | $585,000 | 3 | 1 | 1,317 | $444 | 0.9 mi |
C 1040 W 45th Street Sold | $575,000 | 2 | 1 | 1,344 | $428 | 0.7 mi |
D 933 W 57th Sold | $585,000 | 3 | 2 | 1,152 | $508 | 0.8 mi |
E 636 W 52nd Sold | $645,000 | 3 | 2 | 1,060 | $608 | 0.4 mi |
F 945 W 54th Street Sold | $620,000 | 2 | 1 | 1,219 | $509 | 0.6 mi |
G 1123 W 52nd Street Sold | $618,000 | 2 | 1 | 1,234 | $501 | 0.8 mi |
H 1037 W 46th Street Active Under Contract | $600,000 List Price | 3 | 2 | 1,414 | $424 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1908, the property is functional and move-in ready with some past updates such as ceramic tile and hardwood flooring. However, the finishes appear dated (likely >20 years since a major overhaul), and there is no mention of recent upgrades to critical systems like HVAC or electrical, suggesting it will need modernization and minor repairs.
The property is ideally situated near Downtown Los Angeles, USC, and major sports venues like BMO Stadium and the Coliseum, offering excellent accessibility for commuters and urban enthusiasts.
Featuring a 6,081 sq. ft. lot with a long driveway and detached garage, the property provides rare ample parking for multiple vehicles and significant potential for an ADU or backyard expansion.
This 1908 home retains its vintage charm with hardwood flooring throughout and offers a highly functional 3-bedroom, 2-bathroom floor plan that includes the modern convenience of interior laundry.
Given the home's 1908 construction date, buyers should anticipate potential needs for updates to major systems like plumbing, electrical, or foundation that are common in century-old properties.
The majority of the assigned public schools in the immediate vicinity have low performance ratings, which may be a significant consideration for families prioritizing educational proximity.
Full of Charm! Welcome to this centrally located 3-bedroom, 2-bath home situated on a generous 6,081 sq. ft. lot in the heart of Los Angeles. Inside, you'll find hardwood flooring throughout the living room, dining room, and bedrooms, complemented by ceramic tile flooring in the kitchen and bathrooms. The inside laundry adds everyday convenience, while the long driveway provides ample parking for multiple vehicles making it ideal for anyone needing extra parking space. This home offers a functional floor plan and a welcoming atmosphere. With a detached garage and spacious backyard.Conveniently located near shopping, schools, major freeways, Downtown Los Angeles, USC, BMO Stadium, and the Los Angeles Memorial Coliseum. Come see it today and imagine yourself calling this house your new home!
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,218 | 1,672 |
| Lot Size | 6,081 | 6,067 |
| Price | $675.0K | $1.37M |
| Price per sq ft | $554 | $801 |
| Built year | 1908 | 1939 |
| HOA | $0 | $348 |
| Days on market | 26 | 56 |
Jun 26, 2026
$675,000
Initial Listing
Mar 16, 2009
$250,000
Public Record
Nov 1, 2005
$397,000
Public Record