140 W 47Th St, Los Angeles, CA 90037
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140 W 47Th St Los Angeles, CA 90037

$800,000 Sold Price as of 06/03/2024
  • 5 Beds
  • 3 Baths
  • 1,740 Sq.Ft.
Sold
$800,000 Sold Price as of 06/03/2024 Refinance Your Mortgage

Map preview of 140 W 47Th St, Los Angeles, CA 90037

Property Overview: 140 W 47Th St Los Angeles, CA has 5 bedrooms, 3 bathrooms, 1,740 living square feet and 5,648 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This Triplex totaling approximately 1,740 SF on 5,648 SF LA-R2 zoned land. The Triplex consists of 2- 2 bedroom / 1 bathroom units in the front and a 1 bedroom / 1 bathroom unit in the rear. There is on-site parking in the rear in addition to ample street parking. This offering will attract an investor looking for an income producing multi-family property in a densely populated area, just south of Downtown Los Angeles. The Offering is located at the south side of W. 47th St., between Broadway & Main St. The site is approximately 1.25 miles from of Banc of California Soccer Stadium & the Los Angeles Memorial Coliseum and 1.5 miles south of the University of Southern California Campus. It is also just south of Exposition Park; which consists of the California Science Center, Natural History Museum, California African American Museum, and the future George Lucas Museum. The area has a good walking score of 79!It is easily accessible, being just east of the 110 Freeway onramp and 2 miles south of Downtown Los Angeles. The demographics in the immediate area offer over 70,000 people residing within a 1-mile radius and approx. 475,000 people residing within a 3-mile radius.

Listed by David Yashar | BRE #01102638 | Keller Williams Realty
Last checked: 9 minutes ago | Last updated: June 3rd, 2024 | Source CRMLS | DOM: 63

Home details

Lot Sq. Ft
5,648
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23341917
City
Los Angeles
County
Los Angeles
Time on Site
275 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,184
  • Total Rent: $2,369
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $1,800
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 13.7
  • Gross Scheduled Income: --
  • Net Operating Income: $33,193
  • Gross Operating Income: $50,028
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 140 W 47Th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • None
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: One
  • Security Features: Gated Community
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway
Property Information
  • No View
  • View: None
  • Total # of Units: 3
  • Parcel Number: 5110012010
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Follow the I-110 Freeway towards Vernon Ave. Head East towards Broadway. Make a right on Broadway then a left on 140 W. 47th St.
View more facts & features

Local Los Angeles Agent

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Sale History for 140 W 47Th St

Last sold for $800,000 on June 3rd, 2024
  • June, 2024

  • Jun 3, 2024

    Date

    Sold

    CRMLS: 23341917

    $800,000

    Price

  • Dec 26, 2023

    Date

    Active

    CRMLS: 23341917

    $725,000

    Price

  • December, 2022

  • Dec 1, 2022

    Date

    Expired

    CRMLS: 22130640

    $695,000

    Price

  • Feb 21, 2022

    Date

    Active

    CRMLS: 22130640

    $795,000

    Price

  • Listing provided courtesy of CRMLS

  • October, 2018

  • Oct 18, 2018

    Date

    Expired

    CRMLS: 18334356

    $499,000

    Price

  • May 18, 2018

    Date

    Withdrawn

    CRMLS: 18334356

    $499,000

    Price

  • Apr 17, 2018

    Date

    Active

    CRMLS: 18334356

    $499,000

    Price

  • Listing provided courtesy of CRMLS

    Great income building with great potential in a very desirable rental neighborhood. Rent control building. Parking in the back of the building. Close proximity to shopping & FWY. Submit Offer Subject to Inspection. Close to everything, DTLA, USC, Coliseum, Metro line, 10 & 110 FWYS, LA LIVE and more.

  • April, 2018

  • Apr 17, 2018

    Date

    Canceled

    CRMLS: 18332786

    $489,000

    Price

  • Apr 12, 2018

    Date

    Active

    CRMLS: 18332786

    $489,000

    Price

  • Listing provided courtesy of CRMLS

    Great income building with great potential in a very desirable rental neighborhood. Rent control building. Parking in the back of the building. Close proximity to shopping & FWY. Submit Offer Subject to Inspection. close to everything, DTLA, USC, Coliseum, Metro line, 10 & 110 FWYS, LA LIVE and more.

  • March, 2018

  • Mar 19, 2018

    Date

    Canceled

    CRMLS: 17281934

    $499,000

    Price

  • Feb 19, 2018

    Date

    Active

    CRMLS: 17281934

    $499,000

    Price

  • Feb 19, 2018

    Date

    Expired

    CRMLS: 17281934

    $499,000

    Price

  • Oct 19, 2017

    Date

    Active

    CRMLS: 17281934

    $499,000

    Price

  • Listing provided courtesy of CRMLS

    Great property located in desirable rental neighborhood. Minutes away from 110 fwy. Close distance to local shopping centersLots of parking in the back of the building. Please do not disturb tenants shown with accepted offer.

  • July, 2017

  • Jul 3, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • June, 2017

  • Jun 30, 2017

    Date

    Sold (Public Records)

    Public Records

    $385,000

    Price

Show More

Tax History for 140 W 47Th St

Assessed Value (2020): $440,400
Year Land Value Improved Value Assessed Value
2020 $318,362 $122,038 $440,400

Home Value Compared to the Market

This property vs the competition

140 W 47Th St sold on June 3, 2024 for 35.27% 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 $416.67 per/sqft which puts the price per square foot 42.45% lower than the current median sale per square foot for the city of Los Angeles.

About 140 W 47Th St

Detailed summary of property

140 W 47Th St is a multi family that recently sold in Los Angeles, CA 90037. This multi family property offered 5 bedrooms, 3 bathrooms, roughly 1,740 living square feet, and sits on an approximately 5,648 square foot lot. 140 W 47Th St was first listed on ArdentRealEstateGroup.com on December 28, 2023. The homeowner sold the property for $800,000. 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 35.27% lower than the current median priced home. Local homes that are currently for sale include 627 E 49th St, 640 E 49th St and 242 W 58th St. While the average home in Los Angeles, CA is selling in 106 days, 140 W 47Th St has a days on market of 63 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 140 W 47Th St Los Angeles, CA 90037 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 140 W 47Th St

Public county record property details
Beds
4
Baths
3
Year built
1922
Sq. Ft.
1,740
Lot Size
5,647
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
13
APN
5110-012-010

The source for these homes facts are from public records.

90037 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$688,000
Median List Price/Sq.Ft.
$546
Median Sold Price
$626,228
Median Sold Price/Sq.Ft.
$437
Total Inventory
35
Median Sale to List Price %
125.5%
Avg Days on Market
17
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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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.