Los Angeles County  »  90037  »  W 48th St  »  1240 W 48th St

1240 West 48th Street, Los Angeles, CA 90037 - Property report

Also known as: 1240 W 48th St

Property image for 1240 West 48th Street, Los Angeles, CA 90037
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Property type

Three Units (Any Combination) - 4 Stories or Less (0300)

Year built

1912

Acreage

0.149

Sale price

$945,000

General Information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
1240 W 48th St
Los Angeles, CA 90037
Zip code
90037
Neighborhood
Vermont Square
County
Los Angeles
Municipality
Los Angeles

Owner

Find out who owns 1240 West 48th Street, Los Angeles, CA 90037. Uncover corporate and individual owners with a free account.

Building
Property type
Three Units (Any Combination) - 4 Stories or Less
Building sq. ft.
1,724
Buildings on lot
2
Stories
4 or less
Year built
1912
Last altered
Bedrooms
3
Bathrooms
2
Sales
Sale date
12/01/2022
Sale price
$945,000
Arm's length
Tax
Tax year
2026-2027
Property tax
$12,150
Tax per sq. ft.
$5
Zoning & use
Zoning
One-Family Residential (R1R3)
Units
3
Lot
Acreage
0.149

Area overview

Walk score
69 /100.  Somewhat Walkable
Transit score
60 /100.  Good Transit
Bike score
59 /100.  Bikeable
School district
Los Angeles Unified School District
Weed hazard
No
Ownership

Ownership information for 1240 West 48th Street, Los Angeles, CA

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 1240 West 48th Street, Los Angeles, CA 90037

Sale date Sale price Buyer name Seller name
12/01/2022 $945,000 XXXXXXXXX XXXXX X; XXXXXXXXX XXXX XXX XXXXXXXX; XXXXXXXXX XXXX XXXXXXX XXXXXXX; XXXXXXX XXXXXXXXX XXXX XXXXXXX
10/24/2014 $445,000 XXX XXXXXXXX; XXXXXXXXX XXXX XXXXXXX XXXXXXX XXXXX XXXXXXXXXXX XXX
04/14/2010 $58,000 XXXXXX XXXXXXX; XXXXXXX XXXXXX XXXXX XXXXX X XXXXXXXX; XXXXX XXXXXXXX XXXXX XX XXXXXX

*Most recent sales on record for this property.

More about Los Angeles County property records.

Title documents

Date Type Amount Party 1 Party 2
11/27/2024 Assignment of Rents
Financing Statement
Trust Deed		 XXXXXXXXX XXXXX X XXXX XXXX XXXX
12/01/2022 Trust Deed XXXXXXXXX XXXXX X XXXXXXX XXXXXXXX XXXXXXXXXXX
12/01/2022 Grant Deed
(Sale for consideration - full DTT - Single parcel sale)		 XXX XXXXXXXX XXXXXXXXX XXXXX X
07/26/2021 Trust Deed XXX XXXXXXXX XXXXXX XXXXXX XXXXXXX XXX XXXXX XXXXXXXXXXX
07/22/2015 Reconveyance XXXXX XXXX XXXXXXXX XXX XXX XXXXXXXX
07/22/2015 Substitution Trustee XXX XXXXXXXX XXXXX XXXX XXXXXXXX XXX
06/30/2015 Assignment of Rents
Trust Deed		 XXX XXXXXXXX XXXXXXXXXXX XXXXXXX
10/24/2014 Assignment of Rents
Trust Deed		 XXX XXXXXXXX XXXXX XXXX XXXXXXXX XXX
10/24/2014 Grant Deed
(Sale for consideration - full DTT - Single parcel sale)		 XXXXX XXXXXXXXXXX XXX XXX XXXXXXXX
10/24/2014 Grant Deed XXX XXXX XXXXXXXXXXX XXX XXXXX XXXXXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 1240 West 48th Street, Los Angeles, CA

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2026-2027
Base tax
$12,150
Current property tax
$12,621
Tax per sq. ft.
$5
Recent tax assessments
Market value
$1,023,216
Land value
$715,487
Building value
$307,409

More about Los Angeles County property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Assessed value Tax rate Property tax Y-o-Y change
2025-2026 $1,003,160 1.1874 $11,912 +0.95%
2024-2025 $983,497 1.1997 $11,799 +2.02%
2023-2024 $964,220 1.1994 $11,565 +92.91%
2022-2023 $514,368 1.1655 $5,995 +1.16%
2021-2022 $504,289 1.1752 $5,926 -1.07%
2020-2021 $499,123 1.200129 $5,990 +6.33%
2019-2020 $479,756 1.174279 $5,634 +0.14%
2018-2019 $470,356 1.196 $5,626 +2.26%
2017-2018 $461,141 1.193 $5,502 +2.10%
2016-2017 $452,106 1.1918 $5,388 +1.51%

Special assessments & penalties for 1240 West 48th Street, Los Angeles, CA

Code Description Tax levied
03694 La County Regional Park And Open Space District
18851 Los Angeles City Light Maintenance
03071 Los Angeles County Flood Control
00170 Los Angeles County Trauma/Emerg Srvs
18850 Los Angeles Landscape & Lighting Dist #96-1
18869 Los Angeles-Stormwater Pollution Abatement
00177 Safe Clean Water Program Funding Measure W
06111 West Vector Mosquito
Permits

Permit information for 1240 West 48th Street, Los Angeles, CA

Issued date Permit number Permit type Sub type Valuation Expire date Status
07/03/2000

*Most recent permit on record for this property.

More about Los Angeles County property records

Neighborhood

Los Angeles residential market stats

Access a detailed real estate market overview of Los Angeles so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Los Angeles and compare it to other neighborhoods in Los Angeles.

Median sale price

$995,000

-3.7% Y-o-Y

Median price/sq. ft.

$650

-3.8% Y-o-Y

Los Angeles county median sale price

$870,000

-0.6% Y-o-Y

Check out recently sold homes in Los Angeles and see how their prices compare.

Risk

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FEMA flood zones

FEMA flood zones
X
Earthquake-induced liquefaction area
Landslides and liquefaction map

Fire hazard zones

Faults and tsunami inundation zones map
Crime incidents map

Transportation

Daily traffic map
View daily traffic map

Access the detailed traffic volume map for 1240 West 48th Street, Los Angeles, CA 90037 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance (miles)
Normandie Avenue Elementary School 3 Public K-5 569 0.27
KIPP Vida Preparatory Academy 5 Charter K-4 568 0.30
Dr. James Edward Jones Primary Center NR Public K-2 75 0.32
ICEF Innovation Los Angeles Charter School 5 Charter K-5 249 0.34
St. Cecilia Elementary School NR Private PK-8 172 0.54
St. Cecilia Elementary School NR Private PK-8 172 0.54
Marguerite Poindexter Lamotte Elementary 2 Public K-5 460 0.57
Fifty-Second Street Elementary School 3 Public K-5 619 0.58
Nativity School NR Private K-8 323 0.68
Nativity Elementary School NR Private K-8 309 0.68
Nearest middle schools

Name Rating Type Grade range No of students Distance (miles)
St. Cecilia Elementary School NR Private PK-8 172 0.54
Nativity School NR Private K-8 323 0.68
Nativity Elementary School NR Private K-8 309 0.68
Barack Obama Global Preparation Academy 2 Public 6-11 397 0.69
California Collegiate Charter School NR Charter 6-8 217 0.72
Libertas College Preparatory Charter 7 Charter 4-8 270 0.72
Menlo Avenue Elementary School 5 Public K-7 507 0.73
Western Avenue Technology Magnet 3 Public K-8 540 0.73
W.D.M. Islamic Learning Center/S.C.M School NR Private K-12 0 0.74
Little Citizens Westside Academy NR Private 3-12 80 0.77
Nearest high schools

Name Rating Type Grade range No of students Distance (miles)
Barack Obama Global Preparation Academy 2 Public 6-11 397 0.69
Westbrook High School 7 Charter 9-12 224 0.70
Manual Arts Senior High School 3 Public 9-12 1,026 0.72
W.D.M. Islamic Learning Center/S.C.M School NR Private K-12 0 0.74
Little Citizens Westside Academy NR Private 3-12 80 0.77
W.D.M Islamic Learning Center/S.C.M.S NR Private K-12 8 0.78
God's Hand Academy NR Private K-12 0 0.90
Testimonial Christian School NR Private PK, K-12 0 0.91
USC Hybrid High College Prep 8 Charter 9-12 520 1.05
Augustus F. Hawkins High C Responsible Indigenous Social Entrepreneurship 2 Public 9-12 232 1.07

Data provided by GreatSchools.org © 2026. All rights reserved.

Neighbors for 1240 West 48th Street, Los Angeles, CA

1246 W 48th St, Los Angeles 1235 W 49th St, Los Angeles 1210 W 48th St, Los Angeles 1220 W 49th St, Los Angeles 1256 W 48th St, Los Angeles 1239 W 49th St, Los Angeles 1247 W 49th St, Los Angeles 1250 W 48th St, Los Angeles 1231 W 49th St, Los Angeles 1216 W 49th St, Los Angeles 1257 W 49th St, Los Angeles 1251 W 49th St, Los Angeles 1245 W 49th St, Los Angeles 1230 W 48th St, Los Angeles 1216 W 48th St, Los Angeles 1226 W 48th St, Los Angeles 1200 W 48th St, Los Angeles 1234 W 48th St, Los Angeles 1220 W 48th St, Los Angeles 1206 W 48th St, Los Angeles

Nearby ZIP codes for 1240 West 48th Street, Los Angeles, CA

90001, Los Angeles County, CA 90003, Los Angeles County, CA 90011, Los Angeles County, CA 90014, Los Angeles County, CA 90018, Los Angeles County, CA 90021, Los Angeles County, CA 90043, Los Angeles County, CA 90047, Los Angeles County, CA 90057, Los Angeles County, CA 90062, Los Angeles County, CA 90071, Los Angeles County, CA 90079, Los Angeles County, CA

Frequently asked questions

What is the year built for 1240 West 48th Street, Los Angeles, CA 90037?

The development at 1240 West 48th Street, Los Angeles, CA 90037 was built in 1912.

What is the total square footage of 1240 West 48th Street, Los Angeles, CA 90037?

1240 West 48th Street, Los Angeles, CA 90037 has a total of 1,724 square feet.

When was 1240 West 48th Street, Los Angeles, CA 90037 last sold and what was the sale price?

1240 West 48th Street, Los Angeles, CA 90037 was last sold on 12/01/2022 for $945,000.

What is the assessed value of 1240 West 48th Street, Los Angeles, CA 90037?

1240 West 48th Street, Los Angeles, CA 90037 is currently assessed at $1,003,160.

What are the property taxes for 1240 West 48th Street, Los Angeles, CA 90037?

The property taxes for 1240 West 48th Street, Los Angeles, CA 90037 total $11,911.

How many residential units does this building have?

This building has 3 residential unit(s).

Disclaimer

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