Seller's Agent in 2022
Andrew Watkins
Century 21 Masters
(310) 383-6239
2 in this area
58 Total Sales
940 W 48th St Unit 1-4 Los Angeles, CA 90037
Vermont Square NeighborhoodEstimated Value: $918,000 - $1,245,000
10
Beds
5
Baths
3,658
Sq Ft
$309/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Auto Driveway Gate
- 4-minute walk to Julian C. Dixon Park
About This Home
As of December 2022Premium Opportunity for Investors and Savvy Home Buyers! Sensationally situated only moments from I-110, this four-unit residential building provides an exceptional investment opportunity while offering a unique chance to create an excellent addition to your real estate portfolio. As a fantastic upside, the property welcomes residents with mature tropical landscaping, a classic stucco exterior, a long paved driveway, and a gated entry. Cumulatively totaling approximately 3,658 square feet, it features four units, which consist of (1) 4-bedroom, 3-bath unit and (1) 3-bedroom, 1-bath unit, (1) 2-bedroom, 1-bathroom unit, and (1) 1-bedroom, 1-bathroom unit. With its proximity to all major attractions and local Los Angeles landmarks, residents can easily venture to Downtown LA or USC to enjoy shopping, restaurants, and all the amenities the city offers. Call now to schedule your private showing!
Last Agent to Sell the Property
Century 21 Masters License #01478668 Listed on: 11/22/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,748
Year Built
- Built in 1965
Lot Details
- 5,849
Home Design
- Traditional Architecture
Interior Spaces
- 3,658 Sq Ft Home
- 2-Story Property
- Oven or Range
Bedrooms and Bathrooms
- 10 Bedrooms
- 5 Bathrooms
Parking
- 4 Parking Spaces
- Auto Driveway Gate
- Assigned Parking
Additional Features
- 5,849 Sq Ft Lot
- Heating System Mounted To A Wall or Window
Community Details
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 5018-012-014
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 8, 2024
Sold by
Guerra Mario P and Guerra Mario Peraza
Bought by
Peraza-Guerra Family Trust and Guerra
Current Estimated Value
Purchase Details
Listed on
Nov 22, 2022
Closed on
Dec 16, 2022
Sold by
Saul Renteria Living Trust
Bought by
Guerra Mario P and Peraza Anna
Seller's Agent
Andrew Watkins
Century 21 Masters
Buyer's Agent
Jose Salinas
Executive Bankers Realty
List Price
$1,029,000
Sold Price
$995,000
Premium/Discount to List
-$34,000
-3.3%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.71%
Purchase Details
Listed on
Jan 10, 2019
Closed on
May 21, 2019
Sold by
Timing Bliss Ii Llc
Bought by
Renteria Saul H
Seller's Agent
Mark Perez
Circle Real Estate
List Price
$891,000
Sold Price
$815,000
Premium/Discount to List
-$76,000
-8.53%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.73%
Purchase Details
Listed on
Jan 10, 2019
Closed on
May 14, 2019
Sold by
Alton Frank M
Bought by
Renteria Saul H
Seller's Agent
Mark Perez
Circle Real Estate
List Price
$891,000
Sold Price
$815,000
Premium/Discount to List
-$76,000
-8.53%
Purchase Details
Closed on
Oct 7, 2016
Sold by
Kim David
Bought by
Timing Bliss Ii Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,800
Interest Rate
3.8%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Mar 22, 2016
Sold by
The Hawthorne Palms Llc
Bought by
Kim David
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,600
Interest Rate
3.64%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 19, 2012
Sold by
Morler Robert
Bought by
The Hawthorne Palms Llc
Purchase Details
Closed on
Mar 17, 2010
Sold by
The Broker Connection Llc
Bought by
Morler Robert A
Purchase Details
Closed on
Dec 15, 2006
Sold by
940 West 48Th Street Humanitarian Land T
Bought by
Los Angeles Land Trust and Mrk Consulting Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 6, 2006
Sold by
Los Angeles Land Trust
Bought by
940 West 48Th Street Humanitarian Land T and The Broker Connection Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 22, 2005
Sold by
Hill Maurice M
Bought by
940 W 48Th Street Land Trust and The Broker Connection Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Peraza-Guerra Family Trust | -- | None Listed On Document | |
| Guerra Mario P | $995,000 | Fidelity National Title | |
| Renteria Saul H | $815,000 | Chicago Title Company | |
| Renteria Saul H | -- | Chicago Title Company | |
| Timing Bliss Ii Llc | $732,000 | Chicago Title Company | |
| Kim David | $608,000 | Chicago Title Company | |
| The Hawthorne Palms Llc | -- | Chicago Title | |
| Morler Robert A | -- | Stewart Title Company | |
| Los Angeles Land Trust | $80,000 | Chicago Title Co | |
| 940 West 48Th Street Humanitarian Land T | $80,000 | None Available | |
| 940 W 48Th Street Land Trust | -- | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Timing Bliss Ii Llc | $475,800 | |
| Previous Owner | Kim David | $425,600 | |
| Previous Owner | Los Angeles Land Trust | $80,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/19/2022 12/19/22 | Sold | $995,000 | -3.3% | $272 / Sq Ft |
| 11/22/2022 11/22/22 | Pending | -- | -- | -- |
| 11/22/2022 11/22/22 | For Sale | $1,029,000 | +26.3% | $281 / Sq Ft |
| 05/22/2019 05/22/19 | Sold | $815,000 | -8.5% | $223 / Sq Ft |
| 05/09/2019 05/09/19 | Pending | -- | -- | -- |
| 01/10/2019 01/10/19 | For Sale | $891,000 | -- | $244 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $12,748 | $1,035,198 | $723,078 | $312,120 |
| 2024 | $12,748 | $1,014,900 | $708,900 | $306,000 |
| 2023 | $12,510 | $995,000 | $695,000 | $300,000 |
| 2022 | $10,477 | $856,708 | $599,171 | $257,537 |
| 2021 | $10,331 | $839,911 | $587,423 | $252,488 |
| 2019 | $639 | $761,812 | $303,796 | $458,016 |
| 2018 | $9,352 | $746,880 | $297,840 | $449,040 |
| 2016 | $8,650 | $695,000 | $495,000 | $200,000 |
| 2015 | $8,652 | $695,000 | $495,000 | $200,000 |
| 2014 | $4,253 | $316,200 | $212,160 | $104,040 |
Source: Public Records
Agents Affiliated with this Home
-
Andrew Watkins
-
James Suarez
Seller Co-Listing Agent in 2022
James Suarez
Real Broker
(310) 902-1004
1 in this area
399 Total Sales
-
Jose Salinas
J
Buyer's Agent in 2022
Jose Salinas
Executive Bankers Realty
(562) 229-4541
1 in this area
17 Total Sales
-
Mark Perez
Seller's Agent in 2019
Mark Perez
Circle Real Estate
(562) 754-0660
2 in this area
113 Total Sales
Map
Source: The MLS
MLS Number: 22-219539
APN: 5018-012-014
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© 2025 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.
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