807 W 48th St, Los Angeles, CA 90037 - View 1
807 W 48th St, Los Angeles, CA 90037 - View 2
807 W 48th St, Los Angeles, CA 90037 - View 3
807 W 48th St, Los Angeles, CA 90037 - View 4
807 W 48th St, Los Angeles, CA 90037 - View 5

807 W 48th St, Los Angeles, CA 90037

List Price: $799,000On Market FlagOn market
Aug 7, 20252,214 sqft6 beds4 baths
Listed by: Karen Garcia
License #: 02247588
Phone #: 323-303-4233
Grate Real Estate
Source:
CRMLS Logo
MLS #: 25574795

Property Description

Welcome to 807-809 W 48th Street, a well-positioned duplex in the heart of Los Angeles offering strong investment potential. This income-producing property features two spacious 3-bedroom, 2-bathroom units with a combined 2,214 square feet of living space. Both units are tenant-occupied and delivering solid rental income, making this an ideal opportunity for investors seeking immediate returns. Each unit offers a practical layout with generously sized bedrooms, ample closet space, and in-unit laundry hookups. While fully functional, the property could benefit from cosmetic updates, allowing for added value over time. Zoned LAC1, the expansive lot offers potential for additional units, an ADU, or future redevelopment opportunities (buyer to verify with the city). Additional highlights include a gated front yard, plenty of parking in the rear, and a convenient central location close to USC, Downtown Los Angeles, and major freeways. This is a prime opportunity to secure a versatile property with both current income and future upside.
Assignment
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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.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$10,881

TurboHome Estimated Value

$762,200

$344 sqft

High Valuation
$800,310
$361/sqft
Normal Valuation
$762,200
$344/sqft
Low Valuation
$724,090
$327/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$344/sqft$762,200

Neighborhood: South Los Angeles

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Comparative Value

$625K

$799K

$850K

$899K

$960K

$1.05M

2924 S Normandie Ave, Los Angeles, CA 90007

Sale Price: $625,000

Selected Comparable

807 W 48th St, Los Angeles, CA 90037

List Price: $799,000

Subject Property

7014 Haas Ave, Los Angeles, CA 90047

Sale Price: $850,000

Selected Comparable

3798 S La Salle Ave, Los Angeles, CA 90018

Sale Price: $899,000

Selected Comparable

1044 W 46th St, Los Angeles, CA 90037

Sale Price: $960,000

Selected Comparable

4119 S Harvard Blvd, Los Angeles, CA 90062

Sale Price: $1,055,000

Selected Comparable

Neighborhood Comps

Subject Property

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

807 W 48th St, Los Angeles, CA 90037

List: $799,000

Listed: 8/7/2025

Area:2,214 sqft
Price/sqft:$361
Beds:6
Baths:4
Year Built:
Lot Size:5,848

Comparable Properties

COMPARABLE
Choose comps
4119 S Harvard Blvd, Los Angeles, CA 90062

4119 S Harvard Blvd, Los Angeles, CA 90062

Sale: $1,055,000

9/26/20241.28 mi

Area:2,080 sqft
Price/sqft:$507
Beds:6
Baths:4
Year Built:
Weight:25.8%
2924 S Normandie Ave, Los Angeles, CA 90007

2924 S Normandie Ave, Los Angeles, CA 90007

Sale: $625,000

6/18/20252.09 mi

Area:2,841 sqft
Price/sqft:$220
Beds:6
Baths:3
Year Built:
Weight:19.9%
1044 W 46th St, Los Angeles, CA 90037

1044 W 46th St, Los Angeles, CA 90037

Sale: $960,000

11/14/20240.35 mi

Area:2,683 sqft
Price/sqft:$358
Beds:5
Baths:4
Year Built:
Weight:19.6%
7014 Haas Ave, Los Angeles, CA 90047

7014 Haas Ave, Los Angeles, CA 90047

Sale: $850,000

2/19/20252.35 mi

Area:2,249 sqft
Price/sqft:$378
Beds:5
Baths:3
Year Built:
Weight:18.2%
3798 S La Salle Ave, Los Angeles, CA 90018

3798 S La Salle Ave, Los Angeles, CA 90018

Sale: $899,000

5/19/20251.59 mi

Area:1,824 sqft
Price/sqft:$493
Beds:5
Baths:5
Year Built:
Weight:16.6%

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