OPEN SUN 12PM - 2PM
$151K PRICE DROP
1304 -1306 W 48th St Los Angeles, CA 90037
Vermont Square NeighborhoodEstimated payment $7,193/month
Total Views
916
3
Beds
3
Baths
2,008
Sq Ft
$572
Price per Sq Ft
Highlights
- Detached Guest House
- Lawn
- Fenced Yard
- View of Trees or Woods
- No HOA
- 3-minute walk to Vermont Square Park
About This Home
Step into the vibrant heart of Los Angeles with this stunning, impeccably maintained home featuring a permitted Accessory Dwelling Unit (ADU). Here, modern elegance meets unparalleled comfort, creating the perfect blend of city living and a serene retreat. Nestled in the beautiful Vermont Square neighborhood, this property is conveniently located near several LAUSD schools, making it an ideal choice for families. Nearby schools include Menlo Avenue Elementary, Normandie Avenue Elementary, Lou Dantzler Preparatory Charter Middle School, and Manual Arts Senior High School. The home is also within walking distance from the Vermont Square Library and the Vermont Square Park. This property boasts a beautifully designed main house equipped with modern appliances and recent updates. It offers spacious living that is both stylish and functional, perfect for families seeking comfort. A true highlight of the property is the front yard, featuring a stunning butterfly garden that provides a peaceful outdoor retreat. For those interested in generating income, built in 2022 and fully permitted, the 400 SF ADU presents an excellent opportunity. This separate unit ensures privacy and the potential for rental income, whether you choose to rent it out or use it as additional space for family or guests. It has a kitchen, a full bath, and new appliances, including a washer and dryer. The thoughtful design of the ADU complements the main house, ensuring a cohesive feel throughout the property. The spacious backyard is a beautiful setting, adorned with numerous fruit trees and a wonderful grassy area, making it an ideal place for relaxation and family gatherings. There is a new driveway for parking, and the front landscaping is drought-tolerant with a low-water irrigation system. Additionally, there is a spacious storage shed in the backyard. Strategically located near the University of Southern California (USC), this property is well-positioned to benefit from the area's ongoing growth, especially with the upcoming Olympic Games and FIFA World Cup, making it an attractive investment opportunity. For inquiries, please contact Jake Malloy directly.
Open House Schedule
-
Sunday, June 08, 202512:00 to 2:00 pm6/8/2025 12:00:00 PM +00:006/8/2025 2:00:00 PM +00:00Please contact Jake Malloy (626) 394-3551 for any questions!Add to Calendar
-
Saturday, June 14, 202511:00 am to 2:00 pm6/14/2025 11:00:00 AM +00:006/14/2025 2:00:00 PM +00:00Please contact Jake Malloy (626) 394-3551 for any questions!Add to Calendar
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,918
Year Built
- Built in 1910 | Remodeled
Lot Details
- 6,502 Sq Ft Lot
- Lot Dimensions are 50x130
- North Facing Home
- Fenced Yard
- Gated Home
- Landscaped
- Lawn
- Back Yard
- Property is zoned LAR1
Home Design
- Bungalow
- Shingle Roof
Interior Spaces
- 2,008 Sq Ft Home
- 1-Story Property
- Double Pane Windows
- Laminate Flooring
- Views of Woods
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Laundry
- Laundry Room
- Gas And Electric Dryer Hookup
Home Security
- Alarm System
- Carbon Monoxide Detectors
- Fire Sprinkler System
Parking
- 2 Parking Spaces
- Driveway
Additional Features
- Detached Guest House
- Central Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 5017-005-018
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $8,918 | $725,082 | $546,155 | $178,927 |
| 2023 | $8,749 | $710,866 | $535,447 | $175,419 |
| 2022 | $8,347 | $696,929 | $524,949 | $171,980 |
| 2021 | $8,238 | $683,264 | $514,656 | $168,608 |
| 2019 | $7,992 | $663,000 | $499,392 | $163,608 |
| 2018 | $4,765 | $379,000 | $279,000 | $100,000 |
| 2016 | $1,342 | $95,171 | $66,568 | $28,603 |
| 2015 | $1,325 | $93,743 | $65,569 | $28,174 |
| 2014 | $1,341 | $91,908 | $64,285 | $27,623 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/02/2025 06/02/25 | Price Changed | $1,149,000 | 0.0% | $572 / Sq Ft |
| 06/02/2025 06/02/25 | For Sale | $1,149,000 | -11.6% | $572 / Sq Ft |
| 05/30/2025 05/30/25 | Off Market | $1,300,000 | -- | -- |
| 05/30/2025 05/30/25 | For Sale | $1,300,000 | 0.0% | $647 / Sq Ft |
| 04/30/2025 04/30/25 | Off Market | $1,300,000 | -- | -- |
| 03/14/2025 03/14/25 | For Sale | $1,300,000 | -- | $647 / Sq Ft |
Source: The MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $650,000 | Lawyers Title | |
| Grant Deed | $307,500 | Chicago Title Company | |
| Grant Deed | $379,000 | Lawyers Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $895,400 | FHA | |
| Closed | $640,201 | New Conventional | |
| Closed | $635,800 | New Conventional | |
| Closed | $638,226 | FHA | |
| Previous Owner | $310,132 | Construction | |
| Previous Owner | $310,132 | Construction |
Source: Public Records
Similar Homes in the area
Source: The MLS
MLS Number: 25513909
APN: 5017-005-018
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