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1415 N Avenue 47, Los Angeles, CA 90042
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1415 N Avenue 47 Los Angeles, CA 90042

$1,320,000 Sold Price as of 09/16/2022
  • 4 Beds
  • 3 Baths
  • 1,748 Sq.Ft.
Sold
$1,320,000 Sold Price as of 09/16/2022 Refinance Your Mortgage
Map preview of 1415 N Avenue 47, Los Angeles, CA 90042

Property Overview: 1415 N Avenue 47 Los Angeles, CA has 4 bedrooms, 3 bathrooms, 1,748 living square feet and 9,617 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great investment opportunity in the heart of bustling Highland Park, just a few blocks from Occidental College. This Spanish style duplex sits on a nearly 10,000 sq ft lot and was completely renovated in 2017. Unique unit mix is perfect for either an investor looking to capitalize on the substantial rents or owner occupant looking to help subsidize the mortgage with a rental. Finding tenants will never be a problem in this coveted location right in the heart of Highland Park, just a stone's throw to Bagel And Slice, the Oxy Arts Complex, Kumquat Coffee, York Park and so many more restaurants and shops. The front 1 bed/1 bath unit opens to a welcoming kitchen and living room with a built-in office nook, and flows to it's own private yard, tucked away from the street by lush greenery. A generous bedroom and bathroom complete this cozy home. The back 3 bed/2 bath features an open floor plan with sliding doors leading to backyard that has to be seen to be believed; so much room for entertaining or relaxing in the park-like atmosphere. Ideal floorplan with a bedroom/bathroom tucked away on one end and two bedrooms on the opposite side, including a primary bedroom with an ensuite bathroom. The property is fully gated from the street and both units feature central air and come with their own washer/dryer hookups. Two garages and a storage room round out this spectacular property.

Listed by Abigail Dotson | BRE #01450911 | MAISONRE
Co-listed by Ann Rieman | BRE #02162827 | MAISONRE
Last checked: 11 minutes ago | Last updated: September 16th, 2022 | Source CRMLS | DOM: 11

Home details

Lot Sq. Ft
9,617
HOA Dues
$0/mo
Year built
1930
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
22189055
City
Los Angeles
County
Los Angeles
Time on Site
765 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,600
  • Total Rent: $2,600
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,952
  • Total Rent: $3,952
  • Pro Forma/Market Rent: $4,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16.25
  • Gross Scheduled Income: --
  • Net Operating Income: $72,086
  • Gross Operating Income: $79,892
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1415 N Avenue 47

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate
Kitchen Information
  • Has Appliances
  • Refrigerator
Interior Features
  • Security Features: Gated Community
Exterior Features
Exterior Information
  • Other Structures: Shed(s)
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Garage - Two Door
Lot Information
  • Lot Features: Back Yard, Front Yard
  • Lot Size Source: Survey
Property Information
  • No View
  • View: None
  • Total # of Units: 2
  • Parcel Number: 5474028007
  • Architectural Style: Spanish
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: E. Eagle Rock, S. of York
View more facts & features

Local Los Angeles Agent

Sale History for 1415 N Avenue 47

Last sold for $1,320,000 on September 16th, 2022

  • September, 2022

  • Sep 16, 2022

    Date

    Sold

    CRMLS: 22189055

    $1,320,000

    Price

  • Aug 16, 2022

    Date

    Active

    CRMLS: 22189055

    $1,299,000

    Price

  • March, 2021

  • Mar 1, 2021

    Date

    Expired

    CRMLS: 20665280

    $1,199,000

    Price

  • Feb 3, 2021

    Date

    Withdrawn

    CRMLS: 20665280

    $1,199,000

    Price

  • Feb 2, 2021

    Date

    Active

    CRMLS: 20665280

    $1,199,000

    Price

  • Jan 3, 2021

    Date

    Hold

    CRMLS: 20665280

    $1,199,000

    Price

  • Dec 2, 2020

    Date

    Active

    CRMLS: 20665280

    $1,199,000

    Price

  • Listing provided courtesy of CRMLS

    Incredible value on this rare, fully occupied Spanish duplex in the heart of Highland Park. Meticulously upgraded just one year ago with designer finishes, each unit is large and airy with it's own recently landscaped and private yard, washer dryer hookups and central heat/ac. Gated and set back from the street, the property feels tranquil despite it's proximity to galleries, restaurants, coffee, the Oxy arts complex and so much more! High yield rents plus an extra $100/month for garage rental make this an ideal investment opportunity. Please do not disturb tenants. All showings must be scheduled directly with agent, and all COVID precautions must be followed.

  • July, 2019

  • Jul 25, 2019

    Date

    Expired

    CRMLS: 19458902

    $1,195,000

    Price

  • Apr 30, 2019

    Date

    Withdrawn

    CRMLS: 19458902

    $1,195,000

    Price

  • Apr 25, 2019

    Date

    Active

    CRMLS: 19458902

    $1,195,000

    Price

  • Listing provided courtesy of CRMLS

    Incredible value on this fully occupied Spanish duplex in the heart of Highland Park. Meticulously upgraded just one year ago with designer finishes, each unit is large and airy with it's own recently landscaped and private yard, washer dryer hookups and central heat/ac. Gated and set back from the street, the property feels tranquil despite it's proximity to galleries, restaurants, coffee, the Oxy arts complex and Bob Baker Marionette Theater! High yield rents with an additional $100/month for storage-- this is an excellent investment . Tenants are month to month.

  • November, 2017

  • Nov 9, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • November, 2002

  • Nov 5, 2002

    Date

    Sold (Public Records)

    Public Records

    $242,000

    Price

Show More

Tax History for 1415 N Avenue 47

Assessed Value (2020): $863,532
Year Land Value Improved Value Assessed Value
2020 $645,048 $218,484 $863,532

Home Value Compared to the Market

This property vs the competition

1415 N Avenue 47 sold on September 16, 2022 for 15.98% higher 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 $743.14 per/sqft which puts the price per square foot 2.64% higher than the current median sale per square foot for the city of Los Angeles.

About 1415 N Avenue 47

Detailed summary of property

1415 N Avenue 47 is a multi family that recently sold in Los Angeles, CA 90042. This multi family property offered 4 bedrooms, 3 bathrooms, roughly 1,748 living square feet, and sits on an approximately 9,617 square foot lot. 1415 N Avenue 47 was first listed on ArdentRealEstateGroup.com on August 16, 2022. The homeowner sold the property for $1,320,000. 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 15.98% higher than the current median priced home. Local homes that are currently for sale include 5107 Hartwick St, 5938 E Echo St and 327 S Avenue 57. While the average home in Los Angeles, CA is selling in 106 days, 1415 N Avenue 47 has a days on market of 11 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 1415 N Avenue 47 Los Angeles, CA 90042 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1415 N Avenue 47

Public county record property details
Beds
2
Baths
2
Year built
1930
Sq. Ft.
1,748
Lot Size
8,234
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
32
APN
5474-028-007

The source for these homes facts are from public records.

90042 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$995,000
Median List Price/Sq.Ft.
$800
Median Sold Price
$1,210,001
Median Sold Price/Sq.Ft.
$863
Total Inventory
112
Median Sale to List Price %
121.12%
Avg Days on Market
29
Loan Type
Conventional (20%), FHA (0%), VA (0%), Cash (16.67%), Other (16.67%)

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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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