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$945,600
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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 reinvestment and new housing development. It is connected, active, and evolving.1423 W 48th Street is not about chasing trends. It is about owning something that has already stood the test of time, in a location that continues to move forward.For buyers who understand the Los Angeles market, this is the property you have been waiting for!
Full Property Details
Full Property Details for 1425 W 48th St
General
- Sold For: $945,600
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: P1-26646
- Added to Site: 108 day(s) ago
Interior
- Rooms/Areas: Entry, Kitchen, Living Room
- Interior Features: Beamed Ceilings, Wired for Sound
- Fireplace(s): None
- Appliances: None
- Flooring: Wood
Rooms
Other Rooms
- Laundry: Inside
Additional Information
- Pool Description: None
- Spa Description: None
Exterior
- Exterior Features: Awning(s)
Parking
- Garage Spaces: 4
- Parking Features: Garage, Garage Faces Rear, Driveway, Garage (Two Doors), Unassigned
- Parking: Garage, Garage Faces Rear, Driveway, Garage (Two Doors), Unassigned
Location
- County: Los Angeles
- Driving Directions: Cross Street: Normandy Avenue
- Direction Faces: West
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Architectural Style: Spanish
- Roof: Spanish Tile
- Entry Location: Ground Level
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 5,686
- Year Built: 1924
Unit Information
Unit 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Property View: None
- Lot Size (Acres): 0.1449
- Lot Size Source: Public Records
- Lot Dimensions: 6314
- Zoning: LAR1
- Lot Description: No Sprinklers, Near Public Transit
Financial Considerations
- Price Per Sq. Ft.: $166.3
Listed by The Agency, Denise del Rey and The Agency, Jason Bergman
Sold by Compass, Eduardo Ramirez Ortiz
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Schools
Schools serving 1425 W 48th St
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Normandie Avenue Elementary School 4505 South Raymond Avenue, Los Angeles, CA 90037 | PK-5 | 0.2 mi |
Barack Obama Global Preparation Academy 1700 West 46th Street, Los Angeles, CA 90062 | 6-8 | 0.5 mi |
Manual Arts Senior High School 4131 South Vermont Avenue, Los Angeles, CA 90037 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1425 W 48th St
Date
Details
Price
Change
Source
6/02/2026
Sold
$945,600
6.49%
MLS
4/13/2026
Listed
$888,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1425 W 48th Street, Los Angeles, CA 90062 (MLS# P1-26646) is a Multi-Family property that was sold at $945,600 on June 02, 2026. Want to learn more about 1425 W 48th Street? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

