927 W 48th Street, Los Angeles, California 90037, Los Angeles, 90037 - bed, bath
927 W 48th Street
Los Angeles, California 90037
Property Price
SUMMARY
Analysis of 927 W 48th Street, Los Angeles, California 90037 is currently available with a list price of $799,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
This property, built in 1912 and sold 'as-is,' shows significant age and deferred maintenance. The kitchen features dated dark wood cabinets, worn granite-look countertops, basic appliances (some appearing older), and an outdated flush-mount light fixture. Flooring throughout the visible areas (kitchen, bedrooms) appears to be worn hardwood or laminate. No bathroom images are provided, but given the overall condition, they are likely in similar or worse shape. The exterior shows cracked concrete and general disarray. While currently occupied, the property requires substantial repairs and rehabilitation to meet modern living standards, aligning with the 'poor' condition criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Multi-Unit Income Property
This triplex offers three occupied units, providing immediate and consistent rental income, making it an attractive investment opportunity.
- Flexible Occupancy Options
The property allows for an owner-occupant to live in one unit while renting out the others, appealing to both investors and those seeking a house-hacking strategy.
- Prime Urban Location
Situated in an excellent location close to schools, shopping, transportation, freeways, USC, and minutes from the Los Angeles Coliseum and Downtown LA, enhancing its desirability and potential for appreciation.
CONSRISKS & DEFICIENCIES
- Rent Control Restrictions
All units are under rent control, which may limit the potential for significant rent increases and could complicate tenant management or future profitability.
- As-Is Sale Condition
The property is sold 'as-is,' indicating that the buyer should anticipate potential costs for necessary repairs, renovations, or deferred maintenance.
- Historic Property Age
Built in 1912, the property likely has aging infrastructure (e.g., plumbing, electrical, roof) that may require substantial upgrades or ongoing maintenance, adding to long-term ownership expenses.
About 927 W 48th Street
Great investment property multi-family triplex good income w/3 units, 2 front units #927 & 929 each have 2 bedrooms and 2 bathroom, you can live one and rent others. Back house #927 1/2 has 2 bedrooms and 1 bathroom property sold as is condition. All three units are occupied by tenants and under rent control. The property has large lot size with plenty of parking spaces up to 6 cars. Excellent location close to schools, shopping transportation, freeways, USC, minutes away from Los Angeles Coliseum and Downtown LA. Don't miss your opportunity!
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1912
- Lot Size
- 6,765 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Dr. James Edward Jones Primary Center
Grades K-2 • 0.1 mi
Marguerite Poindexter Lamotte Elementary
Grades K-5 • 0.2 mi
Fifty-Second Street Elementary School
Grades K-5 • 0.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 1,908 | 2,419 | 25% |
| Lot Size | 6,765 | 5,451.5 | 90% |
| Price | $799.0K | $890.0K | 35% |
| Price per sq ft | $419 | $324 | 70% |
| Built year | 1912 | 1923 | 35% |
| HOA | $0 | $0 | 50% |
| Days on market | 88 | 260 | 5% |
Pricing History
Listed for Sale
Dec 8, 2025
$799,000
Initial Listing
Sold
Dec 22, 2009
$170,000
Public Record
Sold
Nov 28, 2006
$600,000
Public Record