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1040 W 48th St, Los Angeles, CA 90037

Sale Price: $720,000
Oct 14, 20241,288 sqft4 beds2 baths
Listed by: Eve Long
License #: 01976972
Phone #: 818-790-3334
Coldwell Banker
Source:
CRMLS Logo
MLS #: PF24212982

Property Description

Welcome to a Piece of Los Angeles History! Step into this charming 1908 home, offering an incredible opportunity at a newly reduced price. With 3 cozy bedrooms and 1 full bath, plus a bonus non-permitted 4th bedroom and half bath (buyer to verify permits), this property is perfect for those seeking a blend of character and potential. Recent updates, including a brand-new roof and carpet installed in 2024, provide added comfort and peace of mind. The spacious backyard is perfect for BBQs, outdoor gatherings, or simply unwinding under the California sun. The non-permitted rumpus room adds valuable flexibility—ideal for entertaining, a home office, or extra living space. Whether you’re an investor or a visionary homeowner, this home offers endless possibilities to make it your own. Don’t miss this rare gem brimming with history and charm! Schedule your showing today!
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
DRE LICENSE #01997822
California Association of Realtors

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$10,968

TurboHome Estimated Value

$715,600

$556 sqft

High Valuation
$751,380
$583/sqft
Normal Valuation
$715,600
$556/sqft
Low Valuation
$679,820
$528/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$556/sqft$715,600

Neighborhood: South Los Angeles

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Comparative Value

$600K

$700K

$720K

$774K

$795K

$825K

1222 W 51st St, Los Angeles, CA 90037

Sale Price: $600,000

Selected Comparable

1040 W 48th St, Los Angeles, CA 90037

List Price: $700,000

Subject Property

1040 W 48th St, Los Angeles, CA 90037

Sale Price: $720,000

Selected Comparable

853 W 50th St, Los Angeles, CA 90037

Sale Price: $774,000

Selected Comparable

4818 S Budlong Ave, Los Angeles, CA 90037

Sale Price: $795,000

Selected Comparable

1132 W 51st Pl, Los Angeles, CA 90037

Sale Price: $825,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1040 W 48th St, Los Angeles, CA 90037

1040 W 48th St, Los Angeles, CA 90037

List: $700,000

Listed: 10/14/2024

Area:1,288 sqft
Price/sqft:$543
Beds:4
Baths:2
Year Built:—
Lot Size:6,503

Comparable Properties

COMPARABLE
Choose comps
1040 W 48th St, Los Angeles, CA 90037

1040 W 48th St, Los Angeles, CA 90037

Sale: $720,000

1/8/2025 • 0.00 mi

Area:1,288 sqft
Price/sqft:$559
Beds:4
Baths:2
Year Built:—
Weight:22.6%
1132 W 51st Pl, Los Angeles, CA 90037

1132 W 51st Pl, Los Angeles, CA 90037

Sale: $825,000

7/3/2025 • 0.27 mi

Area:1,316 sqft
Price/sqft:$627
Beds:3
Baths:2
Year Built:—
Weight:19.6%
1222 W 51st St, Los Angeles, CA 90037

1222 W 51st St, Los Angeles, CA 90037

Sale: $600,000

2/3/2025 • 0.28 mi

Area:1,500 sqft
Price/sqft:$400
Beds:4
Baths:2
Year Built:—
Weight:19.4%
853 W 50th St, Los Angeles, CA 90037

853 W 50th St, Los Angeles, CA 90037

Sale: $774,000

6/2/2025 • 0.25 mi

Area:1,298 sqft
Price/sqft:$596
Beds:3
Baths:2
Year Built:—
Weight:19.3%
4818 S Budlong Ave, Los Angeles, CA 90037

4818 S Budlong Ave, Los Angeles, CA 90037

Sale: $795,000

6/10/2025 • 0.15 mi

Area:1,239 sqft
Price/sqft:$642
Beds:3
Baths:2
Year Built:—
Weight:19.1%

Nearby Listings

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TurboHome Est. Value:

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Property placeholder1320 W 50th St, Los Angeles, CA 90037
List Price: $830,000

1320 W 50th St, Los Angeles, CA 90037

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TurboHome Est. Value:

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TurboHome Est. Value:

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