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

$750,000 Sold Price as of 03/05/2024
  • 5 Beds
  • 3 Baths
  • 1,953 Sq.Ft.
Sold
$750,000 Sold Price as of 03/05/2024 Refinance Your Mortgage
Map preview of 137 E 47th St, Los Angeles, CA 90011

Property Overview: 137 E 47th St Los Angeles, CA has 5 bedrooms, 3 bathrooms, 1,953 living square feet and 7,127 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Amazing opportunity knocks in the heart of Los Angeles, 2 Units in a BIG lot* * Live Smart. .. * * Move in ready and just a short distance from schools, shopping, public transportation and freeways.

Listed by Anali Rodriguez Ortega | BRE #02143015 | Keller Williams Beverly Hills
Last checked: 9 minutes ago | Last updated: March 6th, 2024 | Source CRMLS | DOM: 1

Home details

Lot Sq. Ft
7,127
HOA Dues
$0/mo
Year built
1915
Garage
--
Property Type:
Duplex
Status
Sold
MLS#
DW24040308
City
Los Angeles
County
Los Angeles
Time on Site
82 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $1,700
  • Pro Forma/Market Rent: $1,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $1,700
  • Net Operating Income: $14,880
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $460
  • Electric: $2,400
  • Gas/Fuel: $0
  • Trash: $912
  • Insurance: $1,624
  • Water/Sewer: $142

Property Details for 137 E 47th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • Has Fireplace
  • Primary Bedroom
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Auto Driveway Gate
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 5109002047
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Unknown
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: South East
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Los Angeles Agent

Sale History for 137 E 47th St

Last sold for $750,000 on March 5th, 2024

  • March, 2024

  • Mar 5, 2024

    Date

    Sold

    CRMLS: DW24040308

    $750,000

    Price

  • Feb 27, 2024

    Date

    Active

    CRMLS: DW24040308

    $749,000

    Price

  • December, 2021

  • Dec 8, 2021

    Date

    Pending

    CRMLS: MB21228399

    $670,000

    Price

  • Oct 14, 2021

    Date

    Active

    CRMLS: MB21228399

    $670,000

    Price

  • Listing provided courtesy of CRMLS

    Duplex in Greater South LA area. Both units are currently rented and renters pay utilities, Front unit is 3bedroom and 2bath collect $2000/ month, and the rear unit 2 bedroom and 1 bath collect $1600/($1800 Projected) month. Each unit with separate entrance and separate structures and a long driveway for up to 5 cars fit, No garage. Good lot size to add on or add a shed for storage. The property has been priced accordingly. Great to buy and hold or live in one and rent the second unit. Investors delight. Close to downtown LA, access to fwy.

  • January, 2019

  • Jan 30, 2019

    Date

    Withdrawn

    CRMLS: RS16131818

    $520,000

    Price

  • Jun 16, 2017

    Date

    Expired

    CRMLS: RS16131818

    $520,000

    Price

  • Nov 25, 2016

    Date

    Withdrawn

    CRMLS: RS16131818

    $520,000

    Price

  • Jun 18, 2016

    Date

    Price Change

    CRMLS: RS16131818

    $520,000

    Price

  • Listing provided courtesy of CRMLS

    Great Investment Property! It is minutes from L.A. live, Nokia Theater, Staples Center, Natural History Museum of Los Angeles County and numerous shopping and dining venues. The latest developments in this area are adding to the already dense population of downtown in a very strong rental market. It is also very close to the Financial District, Korea town, and Echo park neighborhoods. Some of units are recently remodeled. Separate Meters for electric and Gas and each unit has its own. Potential for rental increases. Excellent Opportunity for investors. Do not disturbed tenants. Subject to an accepted offer for showing.

  • April, 2018

  • Apr 18, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • April, 2018

  • Apr 9, 2018

    Date

    Sold

    CRMLS: DW18007571

    $565,000

    Price

  • Feb 24, 2018

    Date

    Pending

    CRMLS: DW18007571

    $568,000

    Price

  • Jan 30, 2018

    Date

    Active Under Contract

    CRMLS: DW18007571

    $568,000

    Price

  • Jan 11, 2018

    Date

    Active

    CRMLS: DW18007571

    $568,000

    Price

  • Listing provided courtesy of CRMLS

    DUPLEX sited in huge lot, main house has 3 bedrooms 2 baths, remodeled inside and out, one back house 2 bedrooms 1 bath, also remodeled inside ans out, property has plenty of parking, convenient two driveways, one for each side, this property is in convenient location, close DTLA, minutes away to major freeways, churches and newer schools.

  • September, 2017

  • Sep 8, 2017

    Date

    Sold (Public Records)

    Public Records

    $374,500

    Price

  • June, 2017

  • Jun 18, 2017

    Date

    Expired

    CRMLS: RS16752891

    $440,000

    Price

  • Jun 17, 2017

    Date

    Active

    CRMLS: RS16752891

    $440,000

    Price

  • May 22, 2017

    Date

    Hold

    CRMLS: RS16752891

    $440,000

    Price

  • Nov 25, 2016

    Date

    Price Change

    CRMLS: RS16752891

    $440,000

    Price

  • Nov 25, 2016

    Date

    Active

    CRMLS: RS16752891

    $460,000

    Price

  • Listing provided courtesy of CRMLS

    Great Investment Property! DUPLEX!!! Square Feet: 1,812 Lot Size: 7,130 Year Built:1915 Front Unit: 4 Bed 2 Bath Back Unit: 2 Bed 1 Bath Zoning: LAR2 The latest developments in this area are adding to the already dense population of downtown in a very strong rental market.Some of units are recently remodeled. Separate Meters for electric and Gas and each unit has its own. Potential for rental increases. Excellent Opportunity for investors. PROPERTY WILL BE SOLD AS IS.

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Tax History for 137 E 47th St

Assessed Value (2020): $588,146
Year Land Value Improved Value Assessed Value
2020 $379,746 $208,400 $588,146

Home Value Compared to the Market

This property vs the competition

137 E 47th St sold on March 5, 2024 for 37.06% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $383.51 per/sqft which puts the price per square foot 49.2% lower than the current median sale per square foot for the city of Los Angeles.

About 137 E 47th St

Detailed summary of property

137 E 47th St is a duplex that recently sold in Los Angeles, CA 90011. This duplex offered 5 bedrooms, 3 bathrooms, roughly 1,953 living square feet, and sits on an approximately 7,127 square foot lot. 137 E 47th St was first listed on ArdentRealEstateGroup.com on February 28, 2024. The homeowner sold the property for $750,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 37.06% lower than the current median priced home. Local homes that are currently for sale include 876 E 41st Pl, 4918 Wadsworth Ave and 132 E 60th St. While the average home in Los Angeles, CA is selling in 92 days, 137 E 47th St has a days on market of 1 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 137 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 137 E 47th St

Public county record property details
Beds
4
Baths
3
Year built
1915
Sq. Ft.
1,953
Lot Size
7,124
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
22
APN
5109-002-047

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
$649,000
Median List Price/Sq.Ft.
$462
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$405
Total Inventory
43
Median Sale to List Price %
104.76%
Avg Days on Market
54
Loan Type
Conventional (33.33%), FHA (25%), VA (0%), Cash (33.33%), Other (8.33%)

Thinking of Selling?

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Call, Text or Message
(714) 706-1823

Homes for Sale Near 137 E 47th St

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Recently Sold Homes Near 137 E 47th St

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1616 E 47th St, Los Angeles, CA 90011
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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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