750 E 48th, Los Angeles, California 90011, Los Angeles, 90011 - 0 bed, 0 bath
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Los Angeles, California 90011
This Residential Income Duplex represents a strategic Value-Add Asset within a high-demand Los Angeles submarket. Listed at $699,999, the property is positioned near its $683,134 Fair Market Value, offering a stable entry point for a high-capacity rental. Featuring a 3-bedroom and a 4-bedroom unit, the layout is optimized for maximum ROI. Despite a Condition Rating of 4 requiring minor TLC, the 6,602 sq ft lot and private deck provide significant upside. Located near George Washington Carver Middle, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 750 E 48th Subject | $699,999* List Price | 0 | 0 | 2,096 | $326 | - |
A 1241 E 43rd Sold | $555,000 | 0 | 0 | 2,362 | $235 | 0.7 mi |
B 203 E 56th Street Sold | $745,000 | 0 | 0 | 1,926 | $387 | 0.8 mi |
C 1139 E 43rd Street Sold | $699,000 | 0 | 0 | 2,056 | $340 | 0.6 mi |
D 5123 S San Pedro St Sold | $775,000 | 0 | 0 | 2,517 | $308 | 0.6 mi |
E 1334 E 43rd Street Sold | $843,000 | 0 | 0 | 2,440 | $345 | 0.7 mi |
F 920 E 48th Active | $649,900 List Price | 0 | 0 | 2,072 | $314 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1907, this duplex is in livable condition but shows clear signs of age and deferred maintenance. While the kitchen has been updated with stainless steel appliances and wood-look laminate flooring, the cabinetry and tile countertops are dated. Some bathroom elements, such as the vanities and hexagonal floor tiling, appear newer, but the exterior shows significant wear, including rusted porch railings and peeling paint. The listing description's mention of 'minor TLC needed' aligns with the 'fair' criteria of a property that is functional but requires updates to meet modern standards.
As a duplex featuring a 3-bedroom and a 4-bedroom unit, this property offers a versatile layout ideal for multi-generational living or a high-yield rental strategy in a high-demand area.
The long driveway provides significant off-street parking, and the inclusion of separate yard spaces for each unit enhances tenant privacy and overall property desirability.
Located near major freeways and Downtown Los Angeles, the property benefits from a central location that appeals to commuters and ensures a consistent pool of potential renters.
Built in 1907 and noted as needing 'TLC,' the property likely requires immediate capital investment to address aging systems and cosmetic updates to reach its full market value.
The majority of the surrounding public schools carry low performance ratings (2-3 out of 10), which may limit the property's appeal to families prioritizing educational quality.
Welcome to 750 E 48th St! This duplex features 3 bedrooms, 2 bathrooms ( front ) and 4 bedrooms 2 bathrooms, (back) 2,096 sq ft of living space on a 6,600 sq ft lot, this property offers both comfort and strong income potential. Both units include their own yard space providing convenience and privacy for occupants. The long driveway allows for plenty parking and the functional layout makes this an ideal setup for extended families, this is a great opportunity to live in one unit while generating rental income from the other. The property offers solid upside potential with minor TLC needed to truly maximize its value and potential. Conveniently located near schools, shopping DTLA and freeways.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.3 mi
Grades K-5 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,096 | 2,028 | 64% |
| Lot Size | 6,602 | 5,326 | 76% |
| Price | $700.0K | $745.0K | 45% |
| Price per sq ft | $334 | $373 | 39% |
| Built year | 1907 | 1912 | 27% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 209 | 3% |
Mar 24, 2026
$699,999
Initial Listing
Oct 25, 2023
$650,000
Public Record
Jan 16, 2004
$269,000
Public Record
Sep 5, 2003
$160,000
Public Record