Listing Agent: Mark Perez      Broker/Office: Circle Real Estate
1021 48th W Los Angeles CA 90037
$ 699,000
  5   |    4   |    2096 Sq Feet

Listing ID

#RS25258962

Status

Active

Property Type

Duplex

County

Los Angeles

Year Built

1923

Days on website

2

Description
Investor opportunity in the heart of Vermont Square! This Craftsman-style home offers 7 bedrooms and 2 bathrooms across 2,096 sq. ft. of living space, situated on a 6,470 sq. ft. lot. The property is legally a duplex that was converted into a single-family residence at an unknown time, creating a spacious floor plan with one bedroom upstairs and the rest on the main level. The home includes a driveway and garage, plus an additional parcel directly behind the property (APN: 5017-029-043, 1,000 sq. ft.) which is included in the sale. The property needs cosmetic upgrades, a potential floor plan reconfiguration, and possibly a new roof, making it an ideal project for investors seeking value-add potential. Zoned LAR1 and delivered vacant, this home is ready for its next chapter. Conveniently located near USC, Exposition Park, and major freeways, this is a prime opportunity in an up-and-coming neighborhood.
Location
Financial Information
List Price:  $ 699000
Property Features
Community Features:  Curbs
High School District:  Los Angeles Unified
Levels:  Two
Senior Community YN:  false
Structure Type:  Duplex
Water Source:  Public
High School District:  Los Angeles Unified
Senior Community YN:  false
MLS Area Major:  C34 - Los Angeles Southwest
City:  Los Angeles
Listed By:   Mark Perez   Circle Real Estate 
Co-listed by
Gabriel Mejorado  
CA Lic#