$8,906 Closing Credit¹
#DW25007376, Erick Medrano, Listing Office: Erick Medrano, Broker
$9,429
closing credit¹
281 E 48th St Los Angeles, CA 90011
$794,000 List price
$9,429
Closing credit¹
5 beds
3 baths
1,702 sqft
0.1 acres
$467 / sqft
Multi-Family
Property details
About 281 E 48th St
Investor's Dream in Los Angeles! Unlock the full potential of this rare gem featuring two separate homes on one lot, complete with a detached garage. Perfectly designed for generating multiple streams of income or expanding your rental portfolio. The front house is move-in ready, ensuring premium rental or resale value. The rear unit, offering 2 bedrooms and 1 bath, is ideal for consistent rental income, or housing extended family. Maximize your ROI by living in one home while renting the other, or rent both and enjoy steady cash flow in one of LA's most sought-after neighborhoods. Don't miss this exceptional opportunity to combine comfort and financial flexibility in the heart of the city! Whether you're a seasoned investor or just starting, this property is a prime addition to your portfolio.
Highlights
Home typeDuplex
HeatingCentral
StatusActive
CoolingCentral Air
Size1,702 sqft
Lot size0.1189 Acres
Year built1922
ParkingUncovered
MLS #619417
Garage1 space
Summary
- MLS Number: 619417
- MLS Name: Fresno Multiple Listing System
- Office Name: Altura Realty
- Office Phone: (559) 800-9991
- Office Email: travis@alturarealtyco.com
- Listing Agent: Vianey Cobian Moreno
Based on information from the Fresno Association of REALTORS® (alternatively, from the Fresno MLS). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be
interested in purchasing.
Copyright 2025 Fresno Association of Realtors. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/1/2025, 7:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$794,000
281 E 48th St
$9,429
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 20, 2023 | Home Sold | $680,000 |
| Jul 22, 2015 | Home Sold | $303,000 |
| Dec 19, 2002 | Home Sold | $198,000 |
| Jul 02, 1992 | Home Sold | $125,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $680,000 | $8,506 |
| 2023 | $423,894 | $5,432 |
| 2022 | $415,583 | $5,186 |
| 2021 | $407,435 | $5,117 |
| 2020 | $403,258 | $4,968 |
| 2019 | $395,352 | $4,861 |
History based on county public records data.
Nearby schools
4
Main Street Elementary School
Public District KG-5
0.4 mi
•129 E 53rd St
3
49th Street Elementary School
Public District KG-5
0.5 mi
•750 E 49th St
2
Estrella Elementary School
Public District KG-5
0.6 mi
•120 E 57th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $38,665. Residents of Los Angeles, CA typically earn less than $<35k each year. Residents typically live in married, with kids family. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
44%
<35k
43%
35k-100k
13%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
23%
Single, No Kids
28%
Single, with Kids
9%
Married, No Kids
40%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
24%
<11 yrs old
11%
12-17 yrs old
31%
18-34 yrs old
29%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Ross Dress For Less
Foot Locker
H&M
Where do the neighbors go to eat?
Jack In The Box
Little Caesars
Boston Market
What do the neighbors drive?
Nissan
Dodge
Honda
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
Similar homes for sale
$10,000 Closing Credit¹
#SR25008463, Carlos Garcia, Listing Office: Luxury Collective
This home is located at 281 E 48th St in Los Angeles, CA and zip code 90011 in the South LA neighborhood. This 1,702 square foot home, which was built in 1922, sits on a 0.12 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 3, 2024 and is currently priced at $794,000.
Over 524 listings were sold over their listed price in December 2024 in Los Angeles, CA. In the same period over 740 listings were sold below the listed price and 203 listings were sold for the listed price. In December 2024 in Los Angeles, CA there were 5.3% less homes for sale than in November. While the average time on the market in December 2024 was 41 days, the median list price was $1,026,634.
From Rocket Homes Real Estate and based on county public records data.