2 months on rocket

1977 W 48th St, Los Angeles, CA, 90062

$450,000

Home List Price

$5,344*

Closing Credit

0 Baths
707 SqFt
$636/SqFt
House

Location

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1977 W 48th St, Los Angeles$450,000

Buyer Closing Credits

$5,344*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingNone
Year Built1948
MLS #24453979
Lot Size0.03 Acres
StatusActive

About 1977 W 48th St

Great Business Opportunity! Purchase the building and the restaurant equipment is included. The property was a restaurant. There's and open eating area, a kitchen, bathroom and a storage area. There's an enclosed area behind the building. The walk-up window gives you more possibilities other than a restaurant; a coffee shop, ice cream parlor, cake and pastry shop, etc.

Property Details

Property Features

Property Information:

  • Year Built: 1948
  • Stories: 0
  • Living Area: 707 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 652-6285
  • Listing Agent: Ronald G Jackson

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Other

Directions Information:

  • Directions: West of Western Ave on 48th St

Price Information

Listing Price Info

Price Summary:

  • List Price: $450,000
  • Price Per SqFt: $636/SqFt

Tax Information:

  • Annual Amount: $1,250
  • 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

1977 W 48th St vs Los Angeles

62 DAYS ON ROCKET

+24 Days

$450,000

-$571.5K Less

$636/SqFt

-$4 Less

KEY TAKEAWAY

This property is $571.5K less than the Median Sold Price and $4/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: #24453979

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 652-6285
  • Listing Agent: Ronald G Jackson

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, 6:20:59 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

Jul 02, 2003Home Sold
$70,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,250$91,927
2020$1,216$90,985
2019$1,178$89,202
2018$1,155$87,454
2017$1,155$85,741

History based on county public records data.

Payment Calculator

$2,313

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,416

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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-895657
3
/10

  • Angeles Mesa Elementary

  • 2611 W 52nd St

  • 0.47 miles

  • Public District Grades KG-5

school-card-donut-895658
2
/10

  • 42nd Street Elementary School

  • 4231 4th Ave

  • 0.54 miles

  • Public District Grades KG-5

school-card-donut-895659
4
/10

  • Western Avenue Elementary

  • 1724 W 53rd St

  • 0.66 miles

  • Public Magnet Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,151. Typical income of Los Angeles, CA residents is between $35k-100k annually. The most common type of family is 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 1977 W 48th St

What is the listing price of this property?

The listing price of 1977 W 48th St property is $450,000.

What type of property is this?

The property 1977 W 48th St is a house located in Los Angeles, California, 90062.

Is this property for sale now?

Active Listing: 1977 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 $1,250 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 2, 2003 for $70,000. (source: MLS/tax record).

What is the square footage of this property?

The property 1977 W 48th St is 707 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1977 W 48th St is 1948.

Rocket Homes›California›Los Angeles County›Los Angeles›90062›1977 W 48th St

This home is located at 1977 W 48th St in Los Angeles, CA and zip code 90062 in the South LA neighborhood. This 707 square foot home, which was built in 1948, sits on a 0.03 acre lot. It has been listed on Rocket Homes since October 20, 2024 and is currently priced at $450,000.

While more than 512 listings in Los Angeles, CA in November 2024 were sold above asking price, there were more than 177 listings sold at asking price, and more than 657 were sold below. The number of listings 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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