33
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$888,000
Est. payment /mo
8 Beds
4 Baths
6,314 Sqft Lot
Active
1425 W 48th Street Los Angeles, CA 90062
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID P1-26646
Bedrooms 8
Lot Size 6,314 Sqft
Lot Dimensions 6314
Property Sub-Type Res Income 2-4 Units
Property Description
Vermont Square | 1924 Spanish Fourplex | Owner-User or Investment OpportunityBuilt in 1924, 1423 W 48th Street is a rare four-unit Spanish-style property located in the Vermont Square neighborhood of South Los Angeles, offering a level of character and architectural presence that simply cannot be replicated today.From the moment you walk in, the architecture sets the tone, the details reflect a time when buildings were designed with permanence in mind. Spanish properties from this era have a presence that goes beyond style. Inside, the original charm continues. Hardwood floors, built-in features, and thoughtfully designed layouts create spaces that feel natural and functional rather than overbuilt.From an investment standpoint, this is a COMPELLING OPPORTUNITY. The property offers stable, income-producing potential in a rental market driven by consistent demand. Properties with this level of character tend to lease easily and foster longer-term tenancy, supporting reliable performance over time.For an owner-user, the appeal is even greater. Living in one unit while generating income from the others is a proven strategy. The existing configuration also offers future flexibility. Two garages and a separate rear structure present potential for ADU conversion or expanded living space (buyer to verify), creating additional upside for both investors and owner-occupants. The location ties it all together. Positioned just off Crenshaw Boulevard with access to Vermont Avenue and the surrounding South Los Angeles grid, the property sits within an area that continues to see steady rei
Location
State CA
County Los Angeles
Zoning Assessor
Direction Cross Street: Normandy Avenue
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5016020008
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Listed by Denise del Rey, DRE#01460169 The Agency
Nearby School & Business
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