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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 December 09, 2025

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Source: CRMLS #RS25258962

Listing Facts

  • TypeMulti-family
  • NeighborhoodVermont Square
  • Bedrooms5
  • Bathrooms4
  • Days on Prevu30
  • Size2,096 sqft
  • Price per sqft$333

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

12/03/2025
Status changed to Active
$699,000
11/28/2025
Status changed to Pending
$699,000
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
  • Structure Type: Duplex
  • Year Built: 1923
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: 1

Measurements

  • 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

Measurements

  • Living Area: 2,096
  • Living Area Source: Estimated
  • Living Area Units: Square Feet

Rooms

  • Bathrooms Full: 4
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 5
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 5

Other

Location

  • Tax Block: 16
  • Tax Lot: 8

Parking

Parking

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

Schools

High School

  • High School District: Los Angeles Unified

Utilities

Equipment

  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 5 bedrooms and 4 bathrooms in this multi-family home at 1021 W 48th.

Does this multi-family home have parking?

Yes, there are 2 parking spaces available for 1021 W 48th.

How does 1021 W 48th compare to other multi-family homes in Vermont Square?

This multi-family home is listed 39% below the average price for multi-family homes in Vermont Square and has been on the market for 82 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 2,096 sqft.

1021 W 48th is a 5-bedroom, 4-bath multi-family home for sale in Los Angeles CA 90037. On Prevu for 30 days at $699,000. This home features 2,096 square feet of living space, located in Vermont Square. The median listing price for multi-family homes in this area is $839,750. The home offers parking. Browse more multi-family home listings in Los Angeles.

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.