3 months on rocket

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

$1,850,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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136 W 48th St, Los Angeles$1,850,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingAssigned, Controlled Entrance, Concrete, Covered, Door-Multi, Driveway Level, Driveway, Electric Vehicle Charging Station(s), Garage Faces Front, Garage, Garage Door Opener, Gated, Off Site, On Site, Private, One Space, Side By Side, Uncovered
Garage2 spaces
Year BuiltNew Const., 2024
HeatingDuctless, Electric, ENERGY STAR Qualified Equipment, Forced Air, Heat Pump, Other, Zoned
CoolingDuctless, Electric, ENERGY STAR Qualified Equipment, Other, Zoned
FireplaceNone
ViewCity Lights, Mountain(s), Neighborhood
MLS #OC24192351
Lot Size0.11 Acres
StatusActive

About 136 W 48th St

Very desirable income producing triplex (townhome style units). The triplex consists of (3) 3-Bedroom / 3-Bathroom units. Unit 136 is 1406sf, Unit 138 is 1466sf and unit 138 1/2 is 1285sf. There is a master ensuite unit with walk-in closet, freestanding tubs and balcony in each unit. 6 of the 9 Bedrooms have their own balcony. Views of Downtown in the front unit. The property has (1) two-car side by side garage (rented by one of the tenants) and two single parking spaces located in the rear of the property. Each unit includes separate entrances, high efficient tankless water heaters, dual pane vinyl windows, quartz countertops, wood shaker cabinets, waterproof laminate flooring throughout, Berber carpet on the stairs, mirrored closet doors, frameless shower doors, Mitsubishi multizone mini-split celling mounted AC/Heat units throughout (individually controlled per room) and rooftop solar for each unit. The property has artificial lawn to minimize maintenance and water usage. This is new construction, no rent control! Each unit is newly rented. This is a stabilized asset. Agents bring your investors!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary, Modern
  • Year Built: 2024
  • Stories: 3

Listing Office:

  • Office Name: Joseph Fleischaker, Broker
  • Office Phone: (949) 705-9889
  • Listing Agent: Joseph Fleischaker

Interior Features

Interior Information:

  • Appliances: ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Range, Disposal, Gas Water Heater, Water Heater, Ice Maker, Microwave, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Dryer, Washer
  • Flooring Type: Carpet, Laminate
  • Interior: Balcony, Ceiling Fan(s), High Ceilings, Quartz Counters, Recessed Lighting, Unfurnished, All Bedrooms Up, Instant Hot Water, Primary Suite, Walk-In Closet(s)
  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City Lights, Mountain(s), Neighborhood
  • Exterior: Lighting, Rain Gutters

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Assigned, Controlled Entrance, Concrete, Covered, Door-Multi, Driveway Level, Driveway, Electric Vehicle Charging Station(s), Garage Faces Front, Garage, Garage Door Opener, Gated, Off Site, On Site, Private, One Space, Side By Side, Uncovered

Lot Features

Lot Information:

  • Lot: Front Yard, Lawn, Landscaped, Level, Near Public Transit, Paved, Rectangular Lot
  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Ductless, Electric, ENERGY STAR Qualified Equipment, Forced Air, Heat Pump, Other, Zoned
  • Cooling: Ductless, Electric, ENERGY STAR Qualified Equipment, Other, Zoned

Other

Directions Information:

  • Directions: South of Vernon, East of Broadway, West of Main Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,850,000

Tax Information:

  • Annual Amount: $4,641
  • 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

1346

136 W 48th St vs Los Angeles

96 DAYS ON ROCKET

+58 Days

$1,850,000

+$828.4K More

KEY TAKEAWAY

This property is $828.4K more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #OC24192351

Listing Office:

  • Office Name: Joseph Fleischaker, Broker
  • Office Phone: (949) 705-9889
  • Listing Agent: Joseph Fleischaker

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: 12/22/2024, 4:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 21, 2002Home Sold
$199,000
May 24, 2002Home Sold
$85,500

Tax History

YEARPROP. TAXASSESSMENT
2021$4,641$373,832
2020$4,314$370,000
2019$4,248$346,619
2018$3,736$339,824
2017$3,736$298,000

History based on county public records data.

Payment Calculator

$9,301

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,613

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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-870496
4
/10

  • Main Street Elementary School

  • 129 E 53rd St

  • 0.32 miles

  • Public District Grades KG-5

school-card-donut-870497
5
/10

  • West Vernon Avenue Elementary

  • 4312 S Grand Ave

  • 0.49 miles

  • Public District Grades KG-5

school-card-donut-870498
2
/10

  • Estrella Elementary School

  • 120 E 57th St

  • 0.60 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 $36,888. Most Los Angeles, CA residents have annual incomes less than $35k. The majority of families are married, with 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

Rocket Homes›California›Los Angeles County›Los Angeles›90037›136 W 48th St

This home is located at 136 W 48th St in Los Angeles, CA and zip code 90037 in the South LA neighborhood. This home, which was built in 2024, sits on a 0.11 acre lot. It has been listed on Rocket Homes since September 16, 2024 and is currently priced at $1,850,000.

In November 2024 more than 512 listings in Los Angeles, CA were sold above the asking price. During the same period more than 177 listings were sold at asking price, while more than 657 were sold below. The number of homes for sale in Los Angeles, CA decreased by 0.6% between October 2024 and November 2024. Listings spent 38 days on the market in November 2024, and had a median list price of $1,021,532 during the same period.

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

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