1225 E 47Th St, Los Angeles, CA 90011
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1225 E 47Th St Los Angeles, CA 90011

$840,000 Sold Price as of 05/06/2022
  • 8 Beds
  • 4 Baths
  • 2,438 Sq.Ft.
Sold
$840,000 Sold Price as of 05/06/2022 Refinance Your Mortgage

Map preview of 1225 E 47Th St, Los Angeles, CA 90011

Property Overview: 1225 E 47Th St Los Angeles, CA has 8 bedrooms, 4 bathrooms, 2,438 living square feet and 7,069 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This 2438 sqft 4 plex has a great unit mix will all 2 bedroom 1 bath units. The lot is large with room to expand. The property is fully gated on a quiet street.

Listed by Mark Jensen | BRE #01739865 | Nationwide Real Estate Execs
Last checked: 1 minute ago | Last updated: May 6th, 2022 | Source CRMLS | DOM: 18

Home details

Lot Sq. Ft
7,069
HOA Dues
$0/mo
Year built
1957
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
RS22024421
City
Los Angeles
County
Los Angeles
Time on Site
876 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,118
  • Total Rent: $1,118
  • Pro Forma/Market Rent: $2,050
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,012
  • Total Rent: $1,012
  • Pro Forma/Market Rent: $2,050
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,224
  • Total Rent: $1,224
  • Pro Forma/Market Rent: $2,050
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $1,800
  • Pro Forma/Market Rent: $2,050
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.59%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $61,848
  • Net Operating Income: $36,495
  • Gross Operating Income: --
  • # of Rented Garages: 0
Annual Expense Breakdown
  • Total Operating Expense: $25,353
  • Electric: $477
  • New Taxes: $9,938
  • Trash: $2,672
  • Insurance: $1,584
  • Maintenance: $3,092
  • Professional Management: $3,711
  • Water/Sewer: $3,878

Property Details for 1225 E 47Th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Common Area
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Has Fence
  • Block, Wrought Iron
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 5107010010
  • Year Built Source: Assessor
  • Property is not Attached
  • Property Condition: Repairs Cosmetic
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: Near Vernon and Hooper ave. intersection
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Urban
View more facts & features

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Sale History for 1225 E 47Th St

Last sold for $840,000 on May 6th, 2022
  • March, 2022

  • Mar 7, 2022

    Date

    Active

    CRMLS: RS22024421

    $795,000

    Price

  • April, 2016

  • Apr 5, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • April, 2016

  • Apr 5, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1225 E 47Th St

Assessed Value (2020): $368,142
Year Land Value Improved Value Assessed Value
2020 $132,423 $235,719 $368,142

Home Value Compared to the Market

This property vs the competition

1225 E 47Th St sold on May 6, 2022 for 37.6% lower than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $326.09 per/sqft which puts the price per square foot 58.78% lower than the current median sale per square foot for the city of Los Angeles.

About 1225 E 47Th St

Detailed summary of property

1225 E 47Th St is a multi family that recently sold in Los Angeles, CA 90011. This multi family property offered 8 bedrooms, 4 bathrooms, roughly 2,438 living square feet, and sits on an approximately 7,069 square foot lot. 1225 E 47Th St was first listed on ArdentRealEstateGroup.com on February 8, 2022. The homeowner sold the property for $840,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 37.6% lower than the current median priced home. Local homes that are currently for sale include 4355 S Avalon Blvd, 488 E 47Th St and 2928 Compton Ave. While the average home in Los Angeles, CA is selling in 100 days, 1225 E 47Th St has a days on market of 18 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 1225 E 47Th St Los Angeles, CA 90011 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1225 E 47Th St

Public county record property details
Beds
8
Baths
4
Year built
1957
Sq. Ft.
2,438
Lot Size
7,069
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
39
APN
5107-010-010

The source for these homes facts are from public records.

90011 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$640,000
Median List Price/Sq.Ft.
$486
Median Sold Price
$670,000
Median Sold Price/Sq.Ft.
$485
Total Inventory
47
Median Sale to List Price %
111.69%
Avg Days on Market
8
Loan Type
Conventional (16.67%), FHA (33.33%), VA (0%), Cash (0%), Other (33.33%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.