1245 E 47th St, Los Angeles, CA 90011
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1245 E 47th St Los Angeles, CA 90011

$635,000 Sold Price as of 11/22/2021
  • 5 Beds
  • 3 Baths
  • 1,658 Sq.Ft.
Sold
$635,000 Sold Price as of 11/22/2021 Refinance Your Mortgage

Map preview of 1245 E 47th St, Los Angeles, CA 90011

Property Overview: 1245 E 47th St Los Angeles, CA has 5 bedrooms, 3 bathrooms, 1,658 living square feet and 6,929 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: GREAT INVESTMENT DUPLEX IN SOUTH LA FRONT HOME FEATURES 3 BED 1 BATH BACK UNIT 2 BED 1 BATH COVERED CARPORT WITH ATTACH RESTROOM. LONG DRIVEWAY TONS OF PARKING SPACES PLENTY OF FRONT AND BACK YARD.

Listed by Ana Gutierrez | BRE #02019095 | Realty World Experts
Last checked: 9 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 10

Home details

Lot Sq. Ft
6,929
HOA Dues
$0/mo
Year built
1895
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
DW21223542
City
Los Angeles
County
Los Angeles
Time on Site
998 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $3,500
  • Net Operating Income: $2
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $3,000
  • Electric: $150
  • Gas/Fuel: $50
  • Trash: $100
  • Insurance: $60
  • Water/Sewer: $100

Property Details for 1245 E 47th St

Interior Features
Laundry Information
  • Has Laundry
  • Inside, Outside
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Carport
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5107010017
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: 47th St. between Central and hopper
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 1245 E 47th St

Last sold for $635,000 on November 22nd, 2021
  • November, 2021

  • Nov 22, 2021

    Date

    Sold

    CRMLS: DW21223542

    $635,000

    Price

  • Oct 12, 2021

    Date

    Active

    CRMLS: DW21223542

    $610,000

    Price

  • June, 2018

  • Jun 1, 2018

    Date

    Sold

    CRMLS: DW17274271

    $340,000

    Price

  • Feb 23, 2018

    Date

    Pending

    CRMLS: DW17274271

    $340,000

    Price

  • Dec 13, 2017

    Date

    Active

    CRMLS: DW17274271

    $340,000

    Price

  • Listing provided courtesy of CRMLS

    GREAT INCOME PROPERTY. Live in one and rent the 2nd unit. LOCATION! close to shopping areas and few miles fromdowntown LA The duplex in the front is 3 bedroom, one bath and the rear unit is being used as a 2 bedrooms, one bathroom, property profile shows 2 units 2 bed 1 bedroom rear 1 bed 1 bath, buyers and selling agent to verify information. Please do not contact tenants. They won't let you in.

  • June, 2018

  • Jun 1, 2018

    Date

    Sold (Public Records)

    Public Records

    $340,000

    Price

  • May, 2007

  • May 24, 2007

    Date

    Sold (Public Records)

    Public Records

    $580,000

    Price

Show More

Tax History for 1245 E 47th St

Assessed Value (2020): $353,736
Year Land Value Improved Value Assessed Value
2020 $270,504 $83,232 $353,736

Home Value Compared to the Market

This property vs the competition

1245 E 47th St sold on November 22, 2021 for 52.12% 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 $367.91 per/sqft which puts the price per square foot 53.49% lower than the current median sale per square foot for the city of Los Angeles.

About 1245 E 47th St

Detailed summary of property

1245 E 47th St is a multi family that recently sold in Los Angeles, CA 90011. This multi family property offered 5 bedrooms, 3 bathrooms, roughly 1,658 living square feet, and sits on an approximately 6,929 square foot lot. 1245 E 47th St was first listed on ArdentRealEstateGroup.com on October 9, 2021. The homeowner sold the property for $635,000. 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 52.12% lower than the current median priced home. Local homes that are currently for sale include 440 W Gage Ave, 444 W Gage Ave and 845 E 80th St. While the average home in Los Angeles, CA is selling in 100 days, 1245 E 47th St has a days on market of 10 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 1245 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 1245 E 47th St

Public county record property details
Beds
3
Baths
2
Year built
1895
Sq. Ft.
1,658
Lot Size
6,928
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
45
APN
5107-010-017

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.