1121 West 48th Street, Los Angeles, CA 90037
1121 West 48th Street, Los Angeles, CA 90037
Property Description
Craftsman home with tremendous upside and ADU potential. This is a very highly sought after location in close proximity to USC and SoFi stadium. This area has seen tremendous change and is improving very quickly. Nearby schools include Normandie Avenue Elementary School, Barack Obama Global Preparation Academy School and Manual Arts Senior High School. Property is walking distance from Vermont Square Branch Library and Vermont Square Park. Great for an investment opportunity. Property needs some TLC but with the right buyer can be turned into a great home with upside potential.
Features & Amenities
Property Details
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Comparative Market Analysis
Residential Tier · 5 active · 5 closed
Los Angeles · Single Family Residence
Listed 55.0% below the median closed sale of $1,555,000. Price per sqft ($302) is a 57% discount to closed comps ($703). Closed comps sold at 108% of list — strong seller's market.
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 1030 20th Street | Los Angeles | 1903 | 5 | 2 | 2,001 | 5,930 | $487 | $975,000 | 81 | 84 |
| 1044 St Andrews Place | Los Angeles | 1912 | 5 | 3 | 2,133 | 6,257 | $652 | $1.39M | 145 | 84 |
| 1610 36th Place | Los Angeles | 1910 | 5 | 3 | 2,108 | 5,130 | $474 | $1.00M | 31 | 83 |
| 2706 Avenue 30 | Los Angeles | 1923 | 5 | 3 | 2,119 | 6,787 | $531 | $1.13M | 86 | 83 |
| 1334 Calumet Avenue | Los Angeles | 1900 | 5 | 3 | 2,049 | 5,251 | $878 | $1.80M | 23 | 80 |
| Total: 5 · Average | 5.0 | 2.8 | 2,082 | 5,871 | $604.4 | $1.26M | 73.2 | |||
| Median | 2,108 | $1.13M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1458 49th | Los Angeles | 1911 | 09/04/2026 | 6 | 4 | 2,360 | 6,295 | $849,999 | $875,000 | $371 | 1.03 | 35 | 89 |
| 10614 Cushdon Avenue | Los Angeles | 1929 | 09/24/2026 | 5 | 2 | 2,276 | 6,254 | $2.19M | $2.23M | $980 | 1.02 | 51 | 86 |
| 1733 Ensley Avenue | Los Angeles | 1926 | 09/01/2026 | 5 | 3 | 2,354 | 6,753 | $2.15M | $2.40M | $1,020 | 1.12 | 26 | 85 |
| 123 Dillon Street | Los Angeles | 1912 | 09/30/2026 | 5 | 3 | 2,064 | 6,003 | $995,000 | $1.05M | $511 | 1.06 | 77 | 84 |
| 9336 Sophia Avenue | Los Angeles | 1956 | 09/15/2026 | 5 | 2 | 2,462 | 8,757 | $1.35M | $1.55M | $632 | 1.15 | 87 | 83 |
| Total: 5 · Average | 5.2 | 2.8 | 2,303.2 | 6,812.4 | $1.62M | $1.62M | $702.8 | — | 55.2 | ||||
| Median | 2,354 | $1.55M | $1.55M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.