NOT LISTED FOR SALE

1163 E 48th St Los Angeles, CA 90011

Central Alameda Neighborhood

Estimated Value: $720,833 - $1,017,000

6 Beds
3 Baths
3,732 Sq Ft
$228/Sq Ft Est. Value

Last Sold July 06, 2023

Last sale price $680,500 $182 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $5,203/month

44 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Wrought Iron Fence
  • Wall Furnace

About This Home

As of July 2023

Here is a fantastic chance to purchase a spacious multi-family building that spans two floors and has three units. The first floor consists of two units that each have 2 bedrooms and 1 bathroom, while the second floor has a larger unit with 2 bedrooms and 2 bathrooms. The property also offers ample parking, including three garage spaces and additional spots on the premises. This is a rare investment opportunity as there are currently no other properties of this size and type available in the area. Don't miss out!

Last Agent to Sell the Property

Katherine Vargas

Katherine Vargas License #01824109 Listed on: 05/20/2023

Last Buyer's Agent

Gualverto Duran

United Real Estate Pacific States License #01959596

United Real Estate Pacific States

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,742

Year Built

  • Built in 1928

Lot Details

  • 6,809 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • No Sprinklers

Parking

  • 3 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 3,732 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, trash collection, gas
  • Tax Lot 9
  • Tax Tract Number 228
  • Assessor Parcel Number 5107017008

Community Details

Overview

  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $4,949

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,742

Year Built

Built in 1928

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5107017008
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 200.96

Exterior Features

  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 3.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 6809.00
  • Lot Size Acres: 0.1563

Rental Info

  • Tenant Pays: Electricity, Trash Collection, Gas

Multi Family

  • Gross Income: 4949.30
  • Gross Scheduled Income: 4949.30
  • Lot Size Area: 6809.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: Yes

Tax Info

  • Tax Lot: 9
  • Tax Tract Number: 228...

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2023 07/06/23 Sold $680,500 -9.3% $182 / Sq Ft
07/03/2023 07/03/23 Pending -- -- --
05/20/2023 05/20/23 For Sale $750,000 -- $201 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,742 $694,110 $510,000 $184,110
2024 $8,742 $680,500 $500,000 $180,500
2023 $4,216 $303,362 $130,009 $173,353
2022 $4,036 $297,414 $127,460 $169,954
2021 $3,968 $291,583 $124,961 $166,622
2019 $3,859 $282,936 $121,255 $161,681
2018 $3,732 $277,389 $118,878 $158,511
2016 $3,533 $266,619 $114,263 $152,356
2015 $3,486 $262,615 $112,547 $150,068
2014 $3,516 $257,472 $110,343 $147,129
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    Katherine Vargas

    Katherine Vargas

    2 in this area

    6 Total Sales

    Katherine Vargas
    Section Image
  • Gualverto Duran

    Buyer's Agent in 2023

    Gualverto Duran

    United Real Estate Pacific States

    (323) 253-7091

    1 in this area

    5 Total Sales

    Gualverto Duran
    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-13684

Pasadena-Foothills Association of REALTORS®

APN: 5107-017-008

California Los Angeles County Los Angeles 90011 Central Alameda

1163 E 48th St, Los Angeles, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Pasadena-Foothills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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