849 West 48th Street Los Angeles, CA 90037
Listing Courtesy of: CRMLS / Windermere Tower Properties / Chris Crow

  849 West 48th Street Los Angeles, CA 90037

Pending (41 Days)
$1,050,000

Description

This is it ~ your unicorn property that you've been oh so patiently waiting for ... we're talking POTENTIAL with a capital P and underlined 3 times! Welcome to 849 W 48th St in the iconic city of Los Angeles - conveniently located within a short distance to USC, the Coliseum & a multitude of world class shopping, restaurants & museums. This residential income property expertly matches the needs of a single family home, multi-generational living & anyone looking to supplement their income with a rear duplex or add all three to your investment portfolio (there's even potential to easily add a 3rd bedroom)! The main house is a contemporary beacon of sophistication and craftsmanship - displaying a modern geometric design that effortlessly affords cohesion and inclusion. The front of the home is comprised of a bay of windows to naturally let light filter through the main living areas and captures the beauty of the original honey toned parquet wood flooring that runs throughout the first floor. As we enter the heart of the home, you'll be pleasantly surprised by the abundant kitchen storage design, multiple islands & workspaces + a dedicated laundry room with, you guessed it ... more storage and an additional sink. As we ascend to the vibrant upper level - be prepared to be dazzled by an eclectic mix of colors & design. An office present includes two large closets & could easily wear many hats! What you'll find are two primary suites ... one is amply sized & features a closet transition area next to its full bathroom. The other ~ well let's just say SIZE MATTERS! An eloquent arrangement of luxury living - this primary suite includes a large sitting area highlighted by a floor to ceiling stone fireplace & would make a GREAT 3RD BEDROOM addition! What you'll find in the remaining space is a closet for the true fashionista. A retreat bathroom features dual sinks, a soaking tub + a sitting vanity. As we make our way to the rear duplex, we'll find an amazing mix of vintage charm & functionality. Each consists of 1 bedroom & 1 full bathroom at approximately 500 sqft with their own entrances. There is a large oversized two car garage for the property that provides a multitude of possible future uses for this R2 zoned property with 3 separate electric & gas meters (1 shared water meter) and NO HOA + LOW TAXES. Plus, ALL UNITS WILL BE DELIVERED VACANT at the close of escrow. I know this is the property you've been dreaming about ... what are you waiting for?

MLS #:
IV24006428
Lot Size
5,858 SQFT
Type
Multifamily
Year Built
1908
Views
Neighborhood
County
Los Angeles County

Listed By

Chris Crow, DRE #02071672, Windermere Tower Properties, Contact: 909-954-6259
Source
CRMLS
Last checked Feb 22 2024 at 8:03 AM GMT+0000
Bathroom Details
Interior Features
  • Laundry: Inside
  • Dishwasher
  • Primary Suite
Lot Information
  • 0-1 Unit/Acre
Property Features
  • Fireplace: Living Room
  • Fireplace: Primary Bedroom
Heating and Cooling
  • Central
  • Wall Furnace
  • Wall/Window Unit(s)
  • Central Air
Flooring
  • Wood
  • Carpet
  • Tile
  • Laminate
Utility Information
  • Utilities: Water Source: Public, Natural Gas Available, Sewer Connected, Water Available, Electricity Available
  • Sewer: Public Sewer
Parking
  • Driveway
  • Garage
Stories
  • 2
Additional Listing Info
  • Buyer Brokerage Commission: 2.000
Location
   
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Estimated Monthly Mortgage Payment

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Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.