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1040 W 48th St, Los Angeles, CA, 90037

$775,000

Home List Price

$9,203*

Closing Credit

4 Bedrooms
1 Full Bath
1,288 SqFt
$602/SqFt
House

Location

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1040 W 48th St, Los Angeles$775,000

Buyer Closing Credits

$9,203*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1908
HeatingNone
CoolingNone
FireplaceLiving Room
ViewNone
MLS #PF24212982
Lot Size0.15 Acres
StatusActive

About 1040 W 48th St

Welcome home to a piece of Los Angeles history! This charming 1908 residence offers 3 cozy bedrooms and 1 full bath, along with a bonus non-permitted 4th bedroom and half bath (buyer to verify permits). Recent updates include a new roof and carpet installed in 2024, adding comfort and peace of mind. Bursting with character and ready for your personal touch, this home features a spacious backyard, ideal for BBQs, gatherings, or relaxing outdoors. The non-permitted rumpus room provides extra versatility, whether for entertaining or potential living space. Whether you’re an investor or a homeowner with a creative vision, this is a rare gem you won’t want to miss!

Property Details

Property Features

Property Information:

  • Year Built: 1908
  • Stories: 1
  • Living Area: 1,288 SqFt

Listing Office:

  • Office Name: Coldwell Banker
  • Office Phone: (818) 659-5743
  • Listing Agent: Eve Long

Interior Features

Interior Information:

  • Appliances: Gas Range, Microwave
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: Near Public Transit
  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

Other

Directions Information:

  • Directions: Head southwest on S Grand Ave toward W 1st St Pass by Starbucks (on the left in 0.6 mi) 1.9 mi Turn left onto W Washington Blvd Pass by McDonald's (on the left) 0.2 mi Turn right at the 3rd cross street onto S Broadway Pass by Wells Fargo Ba

Price Information

Listing Price Info

Price Summary:

  • List Price: $775,000
  • Price Per SqFt: $602/SqFt

Tax Information:

  • Annual Amount: $616
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

1040 W 48th St vs Los Angeles

31 DAYS ON ROCKET

-7 Days

$775,000

-$248.4K Less

$602/SqFt

-$39 Less

KEY TAKEAWAY

This property is $248.4K less than the Median Sold Price and $39/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #PF24212982

Listing Office:

  • Office Name: Coldwell Banker
  • Office Phone: (818) 659-5743
  • Listing Agent: Eve Long

IDX 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 broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 9:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$616$37,135
2020$601$36,755
2019$552$36,035
2018$543$35,330
2017$543$34,638

History based on county public records data.

Payment Calculator

$3,935

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,390

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-305792
3
/10

  • Icef Innovation los Angeles Charter

  • 5029 S Vermont Ave

  • 0.15 miles

  • Public Charter Grades KG-5

school-card-donut-305793
3
/10

  • Kipp Vida Preparatory Academy

  • 4410 S Budlong Ave

  • 0.31 miles

  • Public Charter Grades KG-4

school-card-donut-305794
3
/10

  • Marguerite Poindexter LaMotte Elementary School

  • 4410 Orchard Ave

  • 0.36 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,196. The most common annual income of people living in Los Angeles, CA is between $35k-100k. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1040 W 48th St

What is the listing price of this property?

The listing price of 1040 W 48th St property is $775,000.

What type of property is this?

The property 1040 W 48th St is a house located in Los Angeles, California, 90037.

Is this property for sale now?

Active Listing: 1040 W 48th St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $616 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1040 W 48th St has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1040 W 48th St is 1,288 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1040 W 48th St is 1908.

Rocket Homes›California›Los Angeles County›Los Angeles›90037›1040 W 48th St

This home is located at 1040 W 48th St in Los Angeles, CA and zip code 90037 in the South LA neighborhood. This 1,288 square foot home, which was built in 1908, sits on a 0.15 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 15, 2024 and is currently priced at $775,000.

In October 2024 more than 598 listings in Los Angeles, CA were sold above the asking price. During the same period more than 191 listings were sold at asking price, while more than 753 were sold below. The number of listings in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. While the average time on the market in October 2024 was 38 days, the median list price was $1,023,474.

From Rocket Homes Real Estate and based on county public records data.

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