1762 West 48th Street

Los Angeles, CA 90062

$630,000
Last Sold Price
7
Beds
4
Baths
2,624 Sq. Ft.
$240 / Sq. Ft.
2,624
Sq. Ft.
$240
per Sq. Ft.

Description

Back On Market! Property appraised for $25K more than current list price. This Craftsman style Duplex is a diamond in the rough just waiting for the right buyer to add their own personal touches and make it into the true Gem that it is. Front house has loads of craftsman charm a formal living room, formal dining room, spacious kitchen with stainless steel appliances, beautiful wood encased walls and to top it off 5 bedrooms and 2.25 baths. Front house also has a basement with loads of storage space...Back On Market! Property appraised for $25K more than current list price. This Craftsman style Duplex is a diamond in the rough just waiting for the right buyer to add their own personal touches and make it into the true Gem that it is. Front house has loads of craftsman charm a formal living room, formal dining room, spacious kitchen with stainless steel appliances, beautiful wood encased walls and to top it off 5 bedrooms and 2.25 baths. Front house also has a basement with loads of storage space and a new sprinkler system. The rear home has 2 upstairs beds and 1 bath. Both Units are separately metered and mastered for electricity and gas and have garage and driveway parking. Home is perfect for an investor looking for a cash flow rental(student Housing, short term rentals, Long term tenants, etc), or an owner occupant looking for additional income to help with the monthly mortgage. Minutes from the Expo Line, train station, DTLA,USC, and much more. Hurry this one won't last! Call to schedule an appointment now!
  1. Listed by Willie Wheaton • DRE #01857540 • Brokerage DRE #01857540 • Will Wheaton Real Estate

Property Details for 1762 West 48th Street

Parking Spaces Total
2
Private Pool
No
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2624
Assessor Parcel Number
5016-025-016
Property Attached YN
false

Location

Listing Courtesy of Will Wheaton Real Estate, Willie Wheaton, DRE #01857540

Sold By Titan One Real Estate, Phyllis Cheng, DRE #01526442

Add your commute
LISTING UPDATED: 02/14/2020 10:40 AM

Property Details for 1762 West 48th Street

StatusClosed
MLS #SR19242770
Days on Market166
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1910
Lot Size0.17 AC / 7,501 SF
CountyLos Angeles County

Location

Listing Courtesy of Will Wheaton Real Estate, Willie Wheaton, DRE #01857540

Sold By Titan One Real Estate, Phyllis Cheng, DRE #01526442

Add your commute

Virtual Tour

Building Information for 1762 West 48th Street

Stories2Residences-Year Built1910Building Size-Lot Size0.17 AC / 7,501 SF

Payment Calculator

$4,345 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,438

Property Taxes

$907

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1762 West 48th Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $53,916
  • Gross Scheduled Income: $53,916
  • Vacancy Allowance: 1617
  • Vacancy Allowance Rate: 3
  • Net Operating Income: $40,446
  • Financing: Cash
Expense Details
  • Operating Expense: $13,470
  • New Taxes Expense: $8,750
  • Gardener Expense: $1,260
  • Fuel Expense: $0
  • Pest Control Expense: $600
  • Security Expense: $660
  • Electric Expense: $0
  • Insurance Expense: $100
  • Trash Expense: $1,050
  • Water Sewer Expense: $1,050
  • Total Expenses: $13,470
Tax / Assessment Info
  • Tax Block: 1
  • Tax Tract Number: Kndlbr
  • Tax Census Tract: 2324.00
  • Tax Lot: 16
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall Furnace
  • Virtual Tour URL Branded: https://youtu.be/SZwPp-YJ874
Exterior Features
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 5
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,537
  • Unit Type Total Rent: $18,444
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 1
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number With Range: 1
  • Number With Refrigerator: 1
  • Number Wall AC: 2

Property History for 1762 West 48th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1762 West 48th Street

Taxable ValueLand$714,000Additions$153,000Total$867,000
Tax Record2023$10,885 ($907 / month)
Home Facts
Total Finished SqFt2,624 SqFtAbove Grade Finished SqFt2,624 SqFtLot Size7,501 SqFtStyleDuplexYear Built1910ZoningLAR2CountyLOS ANGELESAPN5016-025-016

Schools near 1762 West 48th Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 8
Public - 6 to 9
Public - 9 to 12
Rating
School
Distance
Angeles Mesa Elementary School
PublicK to 5

Western Avenue Technology Magnet
PublicK to 8

Barack Obama Global Preparation Academy
Public6 to 9

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Will Wheaton Real Estate, Willie Wheaton, DRE #01857540

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.