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… Read More 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 rei Read Less
Courtesy of The Agency, Denise del Rey, The Agency, Denise del Rey 323-702-5683.
Listing Snapshot
Days Online
18
Last Updated
Property Type
Res Income 2-4 Units
Beds
8
Lot Size
0.14 Acres
MLS Number
P1-26646
Additional Details
Building
Built in 0, Building area total: 0, 1 number of building, 2 stories total, Living area: 0, Living area units: Sqft, Building area units: Sqft, Building name: Vermont Square Park, 4 total units, "2 Story"
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