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1021 W 48thLos Angeles, CA 90037

For Sale

$699,000

Smart Buyer Rebate $4,975

Investor opportunity in the heart of Vermont Square! This Craftsman-style home offers 7 bedrooms and 2 bathrooms across 2,096 sq. ft. of living space, situated on a 6,470 sq. ft. lot. The property is legally a duplex that was converted into a single-family residence at an unknown time, creating a spacious floor plan with one bedroom upstairs and the rest on the main level. The home includes a driveway and garage, plus an additional parcel directly behind the property (APN: 5017-029-043, 1,000 sq. ft.) which is included in the sale. The property needs cosmetic upgrades, a potential floor plan reconfiguration, and possibly a new roof, making it an ideal project for investors seeking value-add potential. Zoned LAR1 and delivered vacant, this home is ready for its next chapter. Conveniently located near USC, Exposition Park, and major freeways, this is a prime opportunity in an up-and-coming neighborhood.

Listed by Mark Perez

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License #01279393

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Circle Real Estate

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562-754-0660

Listed by Gabriel Mejorado

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License #02113110

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Circle Real Estate

Last updated November 19, 2025

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Source: CRMLS #RS25259301

Listing Facts

  • TypeMulti-family
  • NeighborhoodVermont Square
  • Days on Prevu6

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

11/13/2025
Listed by Circle Real Estate
$699,000

Property Details for 1021 W 48th

Association

Amenities

  • Community Features: Curbs

Exterior

Construction

  • Number Of Units Total: 2
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1923
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: 1

Measurements

  • Building Area Total: 2,096
  • Building Area Units: Square Feet
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Acres: 0.17
  • Lot Size Area: 7,470
  • Lot Size Source: Estimated
  • Lot Size Square Feet: 7,470
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 5017029007

Interior

Features

  • Fireplace Features: Living Room
  • Fireplace: Yes

Other

Location

  • Tax Block: 16
  • Tax Lot: 8

Parking

Parking

  • Garage Spaces: 2
  • Garage: Yes
  • Parking Total: 2

Utilities

Equipment

  • Sewer: Public Sewer
  • Water Source: Public

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.