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3313 W 48th St, Los Angeles, CA, 90043

$1,295,000

Home List Price

$10,000*

Closing Credit

24 Bedrooms
23 Baths
11,131 SqFt
$116/SqFt
House
Schools Nearby

Location

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3313 W 48th St, Los Angeles$1,295,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingSide By Side
Year Built2024
MLS #24367537
Lot Size0.18 Acres
StatusActive

About 3313 W 48th St

*** Ownership is highly-motivated and will meet the market. We just reduced the price by $200,000, please bring all offers. In addition, ownership is offering seller financing - $300,000 @ 3% for one year. ** 3313 West 48th Street is a 10 unit market-rate RTI development located 0.3 miles from the Metro K-Line, Leimert Park Plaza, and the intersection of Crenshaw Blvd. & Leimert Blvd. This RTI development opportunity is next to two of the most significant community-driven investment projects in South Los Angeles, and is surrounded by numerous projects currently under construction by prolific developers. The 7,731 SF corner lot (zoned C2) has approved plans to develop 3 duplexes (2,827 SF each) and a 977 SF ADU. Plans call for 3 duplexes (2,827 SF each) and a 977 SF ADU. The front duplex will feature (2) 3-bdrm. and 3-bath units with roof decks, the middle duplex will feature a 3-bdrm. and 2.5-bath unit and a 4-bdrm. and 4.5-bath unit with a roof deck. The rear duplex will feature (2) 3-bdrm. and 3-bath units. Each duplex features a recreation room that is designed to be converted to an ADU after the Certificate of Occupancy.

Property Details

Property Features

Property Information:

  • Year Built: 2024
  • Stories: 3
  • Living Area: 11,131 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 230-5478
  • Listing Agent: Max Berger

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 24

Exterior Features

Parking Information:

  • Parking: Side By Side

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

School Info

Assigned Schools Information:

  • Crenshaw Sci, Tech, Engr, Math and Med Magnet, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • View Park Preparatory Accelerated Charter Middle School, Public Charter Grades 6-8
  • Audubon Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Forty-Second Street Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Point Fermin Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: 0.3 miles south of Metro K-Line Leimert Station, Leimert Park Plaza, and the intersection of Crenshaw Blvd. & Leimert Blvd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,295,000
  • Price Per SqFt: $116/SqFt

Tax Information:

  • Annual Amount: $4,094
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

3313 W 48th St vs Los Angeles

51 DAYS ON ROCKET

+17 Days

$1,295,000

+$308.5K More

$116/SqFt

-$516 Less

KEY TAKEAWAY

This property is $308.5K more than the Median Sold Price and $516/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24367537

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 230-5478
  • Listing Agent: Max Berger

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 6:20:39 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 05, 2004Home Sold
$236,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,094$309,974
2020$3,981$306,796
2019$3,812$300,781
2018$3,735$294,885
2017$3,735$289,104

History based on county public records data.

Payment Calculator

$6,531

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,949

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4908643
3
/10

  • Forty-Second Street Elementary School

  • 4231 4th Ave

  • 0.63 miles

  • Public District Grades KG-5

school-card-donut-4908644
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 5.88 miles

  • Public Magnet Grades KG-6

school-card-donut-4908645
6
/10

  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 19.89 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-4908646
3
/10

  • View Park Preparatory Accelerated Charter Middle School

  • 5010 11th Ave

  • 0.21 miles

  • Public Charter Grades 6-8

school-card-donut-4908647
2
/10

  • Audubon Middle School

  • 4120 11th Ave

  • 0.64 miles

  • Public Magnet Grades 6-8

school-card-donut-4908648
4
/10

  • Studio

  • 2211 W Avenue 30

  • 8.98 miles

  • Public District Grades 6-8

High School

school-card-donut-4908649
2
/10

  • Crenshaw Sci, Tech, Engr, Math and Med Magnet

  • 5010 11th Ave

  • 0.21 miles

  • Public Magnet Grades 9-12

school-card-donut-4908650
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 7.24 miles

  • Public Magnet Grades 9-12

school-card-donut-4908651
8
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 16.47 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,276. Typical income of Los Angeles, CA residents is less than $35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3313 W 48th St

What is the listing price of this property?

The listing price of 3313 W 48th St property is $1,295,000.

What type of property is this?

The property 3313 W 48th St is a house located in Los Angeles, California, 90043.

Is this property for sale now?

Active Listing: 3313 W 48th St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 3313 W 48th St are:
Forty-Second Street Elementary School: GreatSchools Rating 3/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Point Fermin Elementary School: GreatSchools Rating 6/10
View Park Preparatory Accelerated Charter Middle School: GreatSchools Rating 3/10
Audubon Middle School: GreatSchools Rating 2/10
Studio: GreatSchools Rating 4/10
Crenshaw Sci, Tech, Engr, Math and Med Magnet: GreatSchools Rating 2/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,094 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 5, 2004 for $236,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3313 W 48th St has 24 bedrooms and 23 bathrooms.

What is the square footage of this property?

The property 3313 W 48th St is 11,131 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3313 W 48th St is 2024.

Rocket Homes›California›Los Angeles County›Los Angeles›90043›3313 W 48th St

This home is located at 3313 W 48th St in Los Angeles, CA and zip code 90043 in the South LA neighborhood. This 11,131 square foot home, which was built in 2024, sits on a 0.18 acre lot. Features: 24 bedrooms, 23 bathrooms. It has been listed on Rocket Homes since March 12, 2024 and is currently priced at $1,295,000.

Over 701 listings were sold over their listed price in April 2024 in Los Angeles, CA. In the same period over 629 listings were sold below the listed price and 204 listings were sold for the listed price. The number of homes for sale in Los Angeles, CA increased by 14.9% between March 2024 and April 2024. While the average time on the market in April 2024 was 34 days, the median list price was $986,427.

From Rocket Homes Real Estate and based on county public records data.

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