$799,000

807 W 48th St Los Angeles, CA 90037

Vermont Square Neighborhood

Estimated payment $4,620/month

Total Views 9,844
6 Beds
4 Baths
2,214 Sq Ft
$361 Price per Sq Ft

Highlights

  • Craftsman Architecture
  • Carpet
  • 1-minute walk to Julian C. Dixon Park

About This Home

Welcome to 807-809 W 48th Street, a well-positioned duplex in the heart of Los Angeles offering strong investment potential. This income-producing property features two spacious 3-bedroom, 2-bathroom units with a combined 2,214 square feet of living space. Both units are tenant-occupied and delivering solid rental income, making this an ideal opportunity for investors seeking immediate returns. Each unit offers a practical layout with generously sized bedrooms, ample closet space, and in-unit laundry hookups. While fully functional, the property could benefit from cosmetic updates, allowing for added value over time. Zoned LAC1, the expansive lot offers potential for additional units, an ADU, or future redevelopment opportunities (buyer to verify with the city). Additional highlights include a gated front yard, plenty of parking in the rear, and a convenient central location close to USC, Downtown Los Angeles, and major freeways. This is a prime opportunity to secure a versatile property with both current income and future upside.

Listing Agent

Karen Garcia

Grate Real Estate License #02247588 Listed on: 08/07/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1991

Home Design

  • Craftsman Architecture
  • Cosmetic Repairs Needed
  • Fixer Upper

Interior Spaces

  • 2,214 Sq Ft Home
  • 2-Story Property
  • Washer

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 5 Parking Spaces
  • Driveway

Additional Features

  • 5,850 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5018-011-015

Property Details

Home Type

Multi-Family

Year Built

Built in 1991

Lot Details

5,850 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Style: Craftsman
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 2214
  • Lot Acreage: 0.1343
  • Probate: No
  • Property Condition: Fixer, Repair Cosmetic
  • Stories: 2
  • Year Built: 1991
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Laminate, Mixed
  • Bedrooms: 6
  • Common Walls: Attached
  • Total Bathrooms: 4.00
  • Equipment: Gas Dryer Hookup, Washer
  • Price Per S Q F T: 360.89

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 5

Utilities

  • Heating: Wall
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 62.73
  • Assessed Improvement Value: 200338
  • Assessed Land Percent: 37.27
  • Assessed Land Value: 119031
  • Total Assessed Value: 319369
  • Assessor Parcel Number: 5018-011-015
  • Lot Size Area: 5850

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 22.19
  • Number Of Units: 2
  • Type Of Units: Stacked

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $4,249 $325,755 $121,411 $204,344
2024 $4,249 $319,369 $119,031 $200,338
2023 $4,177 $313,108 $116,698 $196,410
2022 $3,998 $306,969 $114,410 $192,559
2021 $3,937 $300,951 $112,167 $188,784
2019 $3,827 $292,027 $108,841 $183,186
2018 $3,689 $286,302 $106,707 $179,595
2016 $3,511 $275,186 $102,564 $172,622
2015 $3,462 $271,054 $101,024 $170,030
2014 $3,488 $265,746 $99,046 $166,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2025 08/07/25 For Sale $799,000 -- $361 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed -- Equity Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $156,000 No Value Available
Source: Public Records

Source: The MLS

MLS Number: 25574795

The MLS

APN: 5018-011-015

California Los Angeles County Los Angeles 90037 Vermont Square

807 W 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.

The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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. Properties may or may not be listed by the office/agent presenting the information.
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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Listing Agent
Karen Garcia
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Grate Real Estate
(323) 303-4233
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