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1121 West 48th Street, Los Angeles, CA 90037

$699K6bd · 2ba · 2,312 sqft
Lot 7,367 sqft•Single Family Residence•
Active
•1223d on market•MLS# WS-23016856

Property Description

Craftsman home with tremendous upside and ADU potential. This is a very highly sought after location in close proximity to USC and SoFi stadium. This area has seen tremendous change and is improving very quickly. Nearby schools include Normandie Avenue Elementary School, Barack Obama Global Preparation Academy School and Manual Arts Senior High School. Property is walking distance from Vermont Square Branch Library and Vermont Square Park. Great for an investment opportunity. Property needs some TLC but with the right buyer can be turned into a great home with upside potential.

Features & Amenities

FeeBuilt 1910

Property Details

Land Type
Fee
Year Built
1910
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
0
Garage Spaces
0
Cooling
Central Air
View
None
City
Los Angeles
Zip Code
90037
County
Los Angeles
Listed byMILANO REALTY, RICK HOEFERT

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,534.52
Principal & Interest
Loan Amount
$559,200
Total Interest
$713,229
Total Payment Over 30 Years
$1,272,429
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Residential Tier · 5 active · 5 closed

1121 West 48th Street, Los Angeles, CA 90037

Los Angeles · Single Family Residence

$699K
Residential Tier
Beds
6
Baths
2
Sqft
2,312
Lot
7,367 sqft
Year
1910
$/Sqft
$302
Pool: No✓
View: None✓

Listed 55.0% below the median closed sale of $1,555,000. Price per sqft ($302) is a 57% discount to closed comps ($703). Closed comps sold at 108% of list — strong seller's market.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $699K· $302/sqft
Total list price
Closed comps
vs closed median $1.55M
−$856K (−55.0%)
Active comps
vs active median $1.13M
−$426K (−37.9%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $604
−$302 (−50.0%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1030 20th StreetLos Angeles1903522,0015,930$487$975,0008184
1044 St Andrews PlaceLos Angeles1912532,1336,257$652$1.39M14584
1610 36th PlaceLos Angeles1910532,1085,130$474$1.00M3183
2706 Avenue 30Los Angeles1923532,1196,787$531$1.13M8683
1334 Calumet AvenueLos Angeles1900532,0495,251$878$1.80M2380
Total: 5 · Average5.02.82,0825,871$604.4$1.26M73.2
Median2,108$1.13M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1458 49thLos Angeles191109/04/2026642,3606,295$849,999$875,000$3711.033589
10614 Cushdon AvenueLos Angeles192909/24/2026522,2766,254$2.19M$2.23M$9801.025186
1733 Ensley AvenueLos Angeles192609/01/2026532,3546,753$2.15M$2.40M$1,0201.122685
123 Dillon StreetLos Angeles191209/30/2026532,0646,003$995,000$1.05M$5111.067784
9336 Sophia AvenueLos Angeles195609/15/2026522,4628,757$1.35M$1.55M$6321.158783
Total: 5 · Average5.22.82,303.26,812.4$1.62M$1.62M$702.8—55.2
Median2,354$1.55M$1.55M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.