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136 W 48th St Los Angeles, CA, 90037
$1,680,000 Home for sale 3 beds 4,150 sqft
NEW CONSTRUCTION COMPLETED in 2024, NON RENT CONTROL, ±5.50% CAP Rate! ALL UNITS VACANT, Numbers are Proforma! 136 W 48th Street, a newly built luxury townhome-style apartment for sale. The property was completed in 2024 which made this asset exempt from Los Angeles RSO (rent control) and exempt from California AB1482 (rent control). The property was built with high-end finishes with future sustainability and ease of maintenance in mind: solar panels, artificial turf to reduce water consumption. It has a total of ±4,150 SF and is situated on a ±4,752 SF Lot. It offers superb curb appeal with modern finishings and townhouse style layout. These features would present an almost maintenance free asset for the next several years and minimum cost to operate on a NON-Rent Control building. All units have three levels with beautiful amenities, in-unit Washer-Dryer hookups, and a penthouse style master bedroom. The building consists of (3) 3 Bedrooms + 2.5 Bathrooms Units that are NOT UNDER Los Angeles Rent Stabilization Ordinance. Due to its recent construction, the three units are almost maintenance-free, considering the new roofs, plumbing, electrical, sewer lines, and amenities included. The property offers a large backyard with ample parking, including a 2-car garage. Buyers must
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Property details
4,150 sqft interior area
Property type
Home
Interior area
4,150 sqft
View
City Lights
Land area
4,791 sqft (0.11 acres)
Price per sqft
$404/sqft
Days on Verhouse
32
Address
136 W 48th St, Los Angeles, CA, 90037
City of California
Los Angeles
County
Los Angeles
nr.of parking places
6
Year Built
2024
District
Listing
Open Houses
No upcoming open houses
Interior Features
6 parking places, Laminate, Vinyl floors
Beds
3
Floors
Laminate, Vinyl
Parking
6
Garage & Parking
Assigned, Other
Laundry Features
Dryer, Gas Dryer Hookup, Washer, Other
Heathing & Cooling
Central Air, Central
Amenities
Other
Listed by
Han Chen, Growth Investment Group Pasade
Name
Han Chen
License number
01749321
Brokerage company
Growth Investment Group Pasade
MLS #
CRAR24061303
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Mortgage
$5,158
Taxes
$0
HOA dues
$0
Mortgage
$336,000 / 20%
2.28%
30 years
Your amount
$5,158 / month
Exterior Features
—
Utilities
Sewer Connected
Yard
Other
Lot details
TMK #5110018024
Lot Description
Level, Other
Parcel nr.
5110018024
90037 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
—
no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 90037
50%
Families with children
National average: 39%
31%
Non family households
746,734
Population
$55,802
Average Income
Age & gender
Median age 31 years
More info
Commute types
75% commute by car
More info
Education level
39% have not graduated education
More info
Number of employees
1% work in construction
More info
Vehicles available
34% have 1 vehicle
More info
Vehicles by gender
34% have 1 vehicle
More info
Housing market insights for
$794.32k
Neighborhood average
sales price*
sales price*
$700k
Neighborhood median
sales price*
sales price*
495
Number
of sales*
of sales*
Housing type
45% are single detacheds
More info
Rooms
45% of the houses have 4 or 5 rooms
More info
Bedrooms
59% have 2 or 3 bedrooms
More info
Owners vs Renters
69% are renters
More info
11.33 / 20
Above Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
New Listing Mar 28, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Mar 28, 2024 | New Listing | $1,680,000 -4% | 404.82 | MLS #CRAR24061303 |
| Mar 11, 2024 | Withdrawn | $1,750,000 | 421.69 | MLS #CRAR24005838 |
| Jan 10, 2024 | New Listing | $1,750,000 -2.78% | 421.69 | MLS #CRAR24005838 |
| Dec 8, 2023 | Withdrawn | $1,799,990 | 433.73 | MLS #CROC23170163 |
| Nov 6, 2023 | Temporarily Withdrawn | $1,799,990 | 433.73 | MLS #CROC23170163 |
| Nov 2, 2023 | For sale | $1,799,990 | 433.73 | MLS #CROC23170163 |
| Oct 24, 2023 | Unavailable | $1,799,990 | 0 | MLS #CROC23170163 |
| Oct 13, 2023 | Temporarily Withdrawn | $1,799,990 | 433.73 | MLS #CROC23170163 |
| Oct 1, 2023 | New Listing | $1,799,990 | 433.73 | MLS #CROC23170163 |
Taxes of 136 W 48th St, Los Angeles, CA, 90037
LAR2 zoning / MLS #CRAR24061303
Zoning
LAR2
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Frequently Asked Questions about 136 W 48th St
What is 136 W 48th St?
136 W 48th St, Los Angeles, CA, 90037 is a single family home located in the city of Los Angeles, California with zipcode 90037. This single family home has 3 bedrooms with an interior area of 4,150 sqft.
Which year was this home built?
This home was build in 2024.
What is the full address of this Home?
136 W 48th St, Los Angeles, CA, 90037.
Are grocery stores nearby?
The closest grocery stores are Northgate Supermarket, 1.21 miles away and Cal Mart Beer & Wine Food Store, 1.82 miles away.
What is the neighborhood like?
The 90037 zip area has a population of 746,734, and 50% of the families have children. The median age is 31.87 years and 75% commute by car. The most popular housing type is "single detached" and 69% is renter.
Based on information from the bridgeMLS as of 04-28-2024. 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.
Listing last updated on: Apr 16, 2024
Verhouse Last checked 6 minutes ago
The closest grocery stores are Northgate Supermarket, 1.21 miles away and Cal Mart Beer & Wine Food Store, 1.82 miles away.
The 90037 zip area has a population of 746,734, and 50% of the families have children. The median age is 31.87 years and 75% commute by car. The most popular housing type is "single detached" and 69% is renter.
*Neighborhood & street median sales price are calculated over sold properties over the last 6 months.