1306 W 48th St Los Angeles, CA 90037
Vermont Square NeighborhoodEstimated payment $6,144/month
Total Views
191
3
Beds
2
Baths
2,008
Sq Ft
$498
Price per Sq Ft
Highlights
- Quartz Countertops
- Family Room Off Kitchen
- Concrete Porch or Patio
- No HOA
- Eat-In Kitchen
- 3-minute walk to Vermont Square Park
About This Home
Set in the beautiful Vermont Square neighborhood at the vibrant heart of Los Angeles, this home and its permitted Accessory Dwelling Unit (ADU) create the perfect blend of city living and serene retreat. The exquisitely designed main house, equipped with modern appliances and recent updates, offers spacious living that's both stylish and functional. In the front yard, a stunning butterfly garden creates a peaceful outdoor retreat. Landscaping here features a drought-tolerant low water irrigation system. The spacious backyard adds yet another beautiful setting. Adorned with fruit trees and a wonderful grassy area, it's an ideal place for relaxation and family gatherings. A thoughtfully designed ADU complements the main house, ensuring a cohesive feel throughout the property. Built in 2022 and fully permitted, this separate 400-square-foot suite ensures privacy and the potential for rental income or space for family or guests. The unit has a kitchen, a full bath and new appliances including washer and dryer. Other amenities include a new driveway for parking and a spacious storage shed. The address is 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 walking distance from the Vermont Square Library and Vermont Square Park. Strategically located near the University of Southern California (USC), this property is well-positioned to benefit from the area's ongoing growth, especially in view of the upcoming Olympic Games and the FIFA World Cup. A major price reduction and a motivated seller make it a uniquely attractive investment opportunity.
Listing Agent
Engel & Völkers Pasadena Brokerage Email: maxpellegrinidilbeck@gmail.com License #01196363 Listed on: 09/01/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,918
Year Built
- Built in 1910 | Remodeled
Lot Details
- 6,500 Sq Ft Lot
- Fenced
- Fence is in good condition
- Sprinkler System
Home Design
- Turnkey
- Raised Foundation
- Slab Foundation
- Shingle Roof
- Stucco
Interior Spaces
- 2,008 Sq Ft Home
- Recessed Lighting
- Family Room Off Kitchen
- Combination Dining and Living Room
- Laminate Flooring
Kitchen
- Eat-In Kitchen
- Free-Standing Range
- Range Hood
- Microwave
- Dishwasher
- Quartz Countertops
Bedrooms and Bathrooms
- 3 Bedrooms
- Remodeled Bathroom
- 2 Full Bathrooms
Laundry
- Laundry Room
- Laundry in Kitchen
Home Security
- Home Security System
- Security Lights
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 2 Parking Spaces
- Parking Available
- Driveway
- Paved Parking
Outdoor Features
- Concrete Porch or Patio
Utilities
- Central Heating and Cooling System
- Sewer Paid
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 18
- Assessor Parcel Number 5017005018
- Seller Considering Concessions
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 |
|---|---|---|---|---|
| 2025 | $8,918 | $739,583 | $557,078 | $182,505 |
| 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 |
|---|---|---|---|---|
| 09/01/2025 09/01/25 | For Sale | $999,000 | +53.7% | $498 / Sq Ft |
| 04/24/2018 04/24/18 | Sold | $650,000 | +1.6% | $404 / Sq Ft |
| 03/09/2018 03/09/18 | For Sale | $639,900 | -- | $398 / Sq Ft |
Source: Pasadena-Foothills Association of REALTORS®
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 Los Angeles, CA
Source: Pasadena-Foothills Association of REALTORS®
MLS Number: P1-23907
APN: 5017-005-018
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