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Backup Offers

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

$725,000

Home List Price

$8,609*

Closing Credit

3 Bedrooms
1 Full Bath
1,506 SqFt
$481/SqFt
House

Location

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702 W 48th St, Los Angeles$725,000

Buyer Closing Credits

$8,609*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1922
CoolingNone
FireplaceLiving Room
ViewNone
MLS #24448317
Lot Size0.16 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 702 W 48th St

Fixer Upper!!! Priced to sell. Property needs work. Fantastic opportunity for first time buyers with a vision or as an investment opportunity. Located just minutes from LAX, USC, Banc of California Stadium, DTLA, and easy access to public transportation. Home has a gated front yard, long driveway, detached garage, large backyard, enclosed patio, and much more...This properties potential is endless. Home is being sold in it's As-Is Condition, without warranties, expresses or implied. Seller will make no repairs. Agent is related to the Sellers.

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman
  • Year Built: 1922
  • Stories: 2
  • Living Area: 1,506 SqFt

Listing Office:

  • Office Name: Edward Brown
  • Office Phone: (213) 598-5555
  • Listing Agent: Edward Brown

Interior Features

Interior Information:

  • Flooring Type: Carpet
  • Interior: Separate/Formal Dining Room, Attic
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Attached Garage: No
  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard, Lawn
  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Cooling: None

Other

Directions Information:

  • Directions: Use Google Map

Price Information

Listing Price Info

Price Summary:

  • List Price: $725,000
  • Price Per SqFt: $481/SqFt

Tax Information:

  • Annual Amount: $785
  • 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

702 W 48th St vs Los Angeles

75 DAYS ON ROCKET

+37 Days

$725,000

-$296.5K Less

$481/SqFt

-$159 Less

KEY TAKEAWAY

This property is $296.5K less than the Median Sold Price and $159/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: #24448317

Listing Office:

  • Office Name: Edward Brown
  • Office Phone: (213) 598-5555
  • Listing Agent: Edward Brown

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: 12/18/2024, 5:21:14 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$785$45,361
2020$766$44,897
2019$660$44,018
2018$650$43,156
2017$650$42,311

History based on county public records data.

Payment Calculator

$3,686

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,240

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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-55182
3
/10

  • 52nd Street Elementary School

  • 816 W 51st St

  • 0.26 miles

  • Public District Grades KG-5

school-card-donut-55183
3
/10

  • Marguerite Poindexter LaMotte Elementary School

  • 4410 Orchard Ave

  • 0.29 miles

  • Public District Grades KG-5

school-card-donut-55184
3
/10

  • Icef Innovation los Angeles Charter

  • 5029 S Vermont Ave

  • 0.38 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,706. Typical income of Los Angeles, CA residents is less than $35k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 702 W 48th St

What is the listing price of this property?

The listing price of 702 W 48th St property is $725,000.

What type of property is this?

The property 702 W 48th St is a house located in Los Angeles, California, 90037.

Is this property for sale now?

Accepting Backup Offers: 702 W 48th St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $785 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 702 W 48th St has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 702 W 48th St is 1,506 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 702 W 48th St is 1922.

Rocket Homes›California›Los Angeles County›Los Angeles›90037›702 W 48th St

This home is located at 702 W 48th St in Los Angeles, CA and zip code 90037 in the South LA neighborhood. This 1,506 square foot home, which was built in 1922, sits on a 0.16 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 03, 2024 and is currently priced at $725,000.

Over 512 listings were sold over their listed price in November 2024 in Los Angeles, CA. In the same period over 657 listings were sold below the listed price and 177 listings were sold for the listed price. The number of homes for sale in Los Angeles, CA decreased by 0.6% between October 2024 and November 2024. In November 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,021,532.

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

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