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$699,000Pending
1021 W 48th, Los Angeles, CA 90037
Circle Real Estate
5Beds
4Baths
2,096Sq Ft
2Parking
1923Built
14Days Listed
About This Property
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.
Mark PerezCircle Real Estate562-754-0660
Property Location
Map
Property Details
- Property Type
- Townhouse
- Bedrooms
- 5
- Bathrooms
- 4
- Building Area
- 2,096 Sqft
- Living Area
- 2,096 sqft
- Year Built
- 1923
- Stories
- 2.0
- Status
- Pending
- Days on Market
- 14
- Cumulative Days on Market
- 15
- Original Price
- $699,000
Location & Neighborhood
What's nearby 1021 W 48th, Los Angeles, CA 90037
Parks & Recreation
- Vermont Square0.2 mi
park
- 0.3 mi
- 0.3 mi
Transit Access
- Vermont & 48th0.1 mi
Bus Stop
- Vermont & 46th0.1 mi
Bus Stop
- Vermont & 51st0.2 mi
Bus Stop
- Vermont & Vernon0.3 mi
Bus Stop
- Vernon & Budlong0.3 mi
Bus Stop
Local Amenities
POI data updated 2/3/2026
Los Angeles Market Snapshot
1,496
Active Listings
$798K
Median Price
84
Avg Days on Market
Last updated: Jun 4, 2026
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Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.
$699,000