927 W 48th Street, Los Angeles, California 90037, Los Angeles, 90037 - bed, bath
ACTIVE$835,000
927 W 48th Street, Los Angeles, California 90037
0Bed
0Bath
1,908Sqft
6,765Lot
Year Built
1912
Close
-
List price
$835K
Original List price
$835K
Price/Sqft
$438
HOA
-
Days on market
-
Sold On
-
MLS number
WS24234336
Home ConditionPoor
Features
View-
About this home
We found 2 Cons,3 Pros. Rank: price - $835.0K(43th), sqft - 1908(30th), beds - undefined(50th), baths - undefined(50th).
Multi-Family home with 3 units each having 2 bedrooms and 1.5 bathroom. Front house is two-stories housing 2 units and a separate house in the back housing the third unit. All units are occupied and under Rent Control.
Nearby schools
/10
Dr. James Edward Jones Primary Center
Public,•K-2•0.1mi
2/10
Marguerite Poindexter Lamotte Elementary
Public,•K-5•0.2mi
3/10
Fifty-Second Street Elementary School
Public,•K-5•0.3mi
3/10
Normandie Avenue Elementary School
Public,•K-5•0.5mi
5/10
Menlo Avenue Elementary School
Public,•K-5•0.6mi
5/10
West Vernon Avenue Elementary School
Public,•K-5•0.6mi
2/10
Main Street Elementary School
Public,•K-5•1.0mi
2/10
Western Avenue Elementary School
Public,•K-5•1.1mi
2/10
Martin Luther King Jr. Elementary School
Public,•K-5•1.3mi
3/10
Trinity Street Elementary School
Public,•K-5•1.4mi
/10
Maple Primary Center
Public,•K-1•1.5mi
3/10
Angeles Mesa Elementary School
Public,•K-5•1.8mi
2/10
Forty-Second Street Elementary School
Public,•K-5•1.9mi
2/10
Tom Bradley Global Awareness Magnet School
Public,•K-5•2.1mi
3/10
Sixth Avenue Elementary School
Public,•K-5•2.6mi
2/10
John Muir Middle School
Public,•6-8•0.9mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•1.1mi
3/10
William Jefferson Clinton Middle School
Public,•6-8•1.5mi
3/10
Los Angeles Academy Middle
Public,•6-8•1.6mi
1/10
Horace Mann Junior High School
Public,•6-8•2.0mi
2/10
Audubon Middle School
Public,•6-8•2.4mi
3/10
Manual Arts Senior High School
Public,•9-12•0.6mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,•9-12•1.0mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,•9-12•2.3mi
3/10
Nava College Preparatory Academy
Public,•9-12•2.3mi
5/10
Santee Education Complex
Public,•9-12•2.6mi
Price History
Date
Event
Price
12/22/09
Sold
$170,000
11/28/06
Sold
$600,000
Condition Rating
Poor
The property was built in 1912 and the images show outdated kitchens and bathrooms. Given the age and likely lack of significant renovations in recent decades, the property likely requires substantial repairs and rehabilitation. The units are under rent control, which may limit the extent of renovations that can be done.
Pros & Cons
Pros
Income Potential: Multi-family property with three units provides immediate rental income.
Rent Control: All units are occupied and subject to rent control, offering stable, predictable income.
Unit Configuration: Each unit features 2 bedrooms and 1.5 bathrooms, a desirable layout for renters.
Cons
Age of Property: Built in 1912, the property may require ongoing maintenance and potential upgrades.
Property Management: Managing a multi-unit property with existing tenants requires experience and attention to detail.