1304 -1306 W 48Th Street, Los Angeles, CA 90037

Step into the vibrant heart of Los Angeles with this stunning impeccably maintained home featuring a permitted Accessory Dwelling Unit ADU Here modern elegance meets unparalleled comfort creating the perfect blend of city living and a serene retreat Nestled in the beautiful Vermont Square neighborhood this property is conveniently located near several LAUSD schools making it an ideal choice for families Nearby schools include Menlo Avenue Elementary Normandie Avenue Elementary Lou Dantzler Preparatory Charter Middle School and Manual Arts Senior High School The home is also within walking distance from the Vermont Square Library and the Vermont Square Park This property boasts a beautifully designed main house equipped with modern appliances and recent updates It offers spacious living that is both stylish and functional perfect for families seeking comfort A true highlight of the property is the front yard featuring a stunning butterfly garden that provides a peaceful outdoor retreat For those interested in generating income built in 2022 and fully permitted the 400 SF ADU presents an excellent opportunity This separate unit ensures privacy and the potential for rental income whether you choose to rent it out or use it as additional space for family or guests It has a kitchen a full bath and new appliances including a washer and dryer The thoughtful design of the ADU complements the main house ensuring a cohesive feel throughout the property The spacious backyard is a beautiful setting adorned with numerous fruit trees and a wonderful grassy area making it an ideal place for relaxation and family gatherings There is a new driveway for parking and the front landscaping is droughttolerant with a lowwater irrigation system Additionally there is a spacious storage shed in the backyard Strategically located near the University of Southern California USC this property is wellpositioned to benefit from the areas ongoing growth especially with the upcoming Olympic Games and FIFA World Cup making it an attractive investment opportunity

Are you looking for an investment property? Wondering what a property like this might rent for in this market? Here is an estimate of what this property will rent for per month.

It is important to conduct thorough market research, property inspection, and evaluation of potential expenses and risks before investing in any property. Real estate investments carry inherent risks, and it is essential to consult with professionals such as real estate agents, property managers, and financial advisors to make informed decisions. This estimate is a starting point in determining the monthly rental price for a specific property. Rental restrictions may apply for this home. It is the buyer's obligation to verify rental availability and details.

The rental real estate market outlook for 90037 is looking optimistic. Located in South Los Angeles, this neighborhood is experiencing a surge in demand for rental properties. With its convenient access to downtown and multiple transportation options, 90037 has become an attractive location for young professionals and families. Additionally, the neighborhood has seen several recent development projects, enhancing its overall appeal. As a result, rental prices are expected to rise in the coming years. Investors and landlords can take advantage of this favorable market by continually updating and improving their properties to attract tenants who are willing to pay a premium. However, it is important to keep an eye on market dynamics and competition to ensure competitive pricing and meet the evolving needs of renters. Overall, the rental real estate market in 90037 presents promising opportunities for growth and profitability.

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