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1321 E 47Th St, Los Angeles, CA 90011
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1321 E 47Th St Los Angeles, CA 90011

$900,000 Sold Price as of 09/28/2023
  • 7 Beds
  • 4 Baths
  • 2,428 Sq.Ft.
Sold
$900,000 Sold Price as of 09/28/2023 Refinance Your Mortgage
Map preview of 1321 E 47Th St, Los Angeles, CA 90011

Property Overview: 1321 E 47Th St Los Angeles, CA has 7 bedrooms, 4 bathrooms, 2,428 living square feet and 5,370 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to 1321 E 47TH St, located in the HIGHLY DESIRED & EVER GROWING City of Los Angeles! This is the Perfect INVESTMENT Opportunity YOU have been searching for! This beautifully designed Duplex styled property features 2,428 total building SqFt consisting of a newly renovated front unit with 3 generous sized bedrooms, 2 full restrooms, in-suite laundry and a large open airy kitchen, dining and living spaces while the back unit has 4 generous sized bedrooms, 2 full restrooms, in-suite laundry and a large open airy kitchen, dining and living spaces as well. Situated on a 5,370 SqFt, LAR2 Zoned Lot with a long driveway and alley access that can park up to 8 cars, making it the perfect "live in one, rent out the other" investment play. Adjacently located next to the cities of Vernon and Huntington Park and centrally located just minutes from USC, Exposition Park, Downtown Los Angeles, public transportation and all major highways. This property has a ton of potential and is the PERFECT opportunity for either a First Time Buyer or Seasoned Real Estate investor looking to expand his / her portfolio. Act Now! Don't miss this chance of a lifetime!

Listed by George Valencia | BRE #02083024 | Century 21 A Better Service
Last checked: 8 minutes ago | Last updated: September 29th, 2023 | Source CRMLS | DOM: 13

Home details

Lot Sq. Ft
5,370
HOA Dues
$0/mo
Year built
1918
Garage
--
Property Type:
Duplex
Status
Sold
MLS#
DW23114089
City
Los Angeles
County
Los Angeles
Time on Site
450 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: 4
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,400
  • Total Rent: $2,400
  • Pro Forma/Market Rent: $4,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $28,800
  • Net Operating Income: $28,800
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $133
  • Water/Sewer: $620

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 1321 E 47Th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Vinyl
  • All Bedrooms Down, Kitchen, Laundry, Living Room
Kitchen Information
  • None, Recirculated Exhaust Fan
Interior Features
  • Ceiling Fan(s), Granite Counters, High Ceilings, Open Floorplan
  • Levels: One
  • Window Features: Screens
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
Exterior Features
Exterior Information
  • Roof: Shingle
  • Has Fence
  • Wrought Iron
  • Other Structures: Storage
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Features: Garden, Near Public Transit, Park Nearby, Walkstreet
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: City Lights, Neighborhood
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 5107011017
  • Year Built Source: Public Records
  • Architectural Style: Bungalow
  • Entry Level: 2
  • Foundation Details: Raised
  • Property is Attached
  • Accessibility Features: None
  • Property Condition: Additions/Alterations, Turnkey, Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Sewer Available, Sewer Connected, Water Available, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: North of Slauson Ave, South of Vernon Ave, East of Hooper Ave, West of Compton Ave.
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights, Urban
View more facts & features

Local Los Angeles Agent

Sale History for 1321 E 47Th St

Last sold for $900,000 on September 28th, 2023

  • September, 2023

  • Sep 28, 2023

    Date

    Sold

    CRMLS: DW23114089

    $900,000

    Price

  • Jun 27, 2023

    Date

    Active

    CRMLS: DW23114089

    $864,000

    Price

  • September, 2001

  • Sep 21, 2001

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • March, 2001

  • Mar 20, 2001

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1321 E 47Th St

Assessed Value (2020): $342,055
Year Land Value Improved Value Assessed Value
2020 $164,240 $177,815 $342,055

Home Value Compared to the Market

This property vs the competition

1321 E 47Th St sold on September 28, 2023 for 22.86% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $355.85 per/sqft which puts the price per square foot 50.85% lower than the current median sale per square foot for the city of Los Angeles.

About 1321 E 47Th St

Detailed summary of property

1321 E 47Th St is a duplex that recently sold in Los Angeles, CA 90011. This duplex offered 7 bedrooms, 4 bathrooms, roughly 2,428 living square feet, and sits on an approximately 5,370 square foot lot. 1321 E 47Th St was first listed on ArdentRealEstateGroup.com on June 28, 2023. The homeowner sold the property for $900,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 22.86% lower than the current median priced home. Local homes that are currently for sale include 1625 E 53rd St, 5711 Naomi Ave and 876 E 41st Pl. While the average home in Los Angeles, CA is selling in 106 days, 1321 E 47Th St has a days on market of 13 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1321 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 1321 E 47Th St

Public county record property details
Beds
7
Baths
4
Year built
1918
Sq. Ft.
2,428
Lot Size
5,369
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
22
APN
5107-011-017

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
$625,000
Median List Price/Sq.Ft.
$531
Median Sold Price
$590,000
Median Sold Price/Sq.Ft.
$438
Total Inventory
50
Median Sale to List Price %
102.61%
Avg Days on Market
46
Loan Type
Conventional (0%), FHA (83.33%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

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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.

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