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1487 W 47Th St, Los Angeles, CA 90062
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1487 W 47Th St Los Angeles, CA 90062

$1,150,000 Sold Price as of 02/22/2024
  • 7 Beds
  • 4 Baths
  • 2,400 Sq.Ft.
Sold
$1,150,000 Sold Price as of 02/22/2024 Refinance Your Mortgage
Map preview of 1487 W 47Th St, Los Angeles, CA 90062

Property Overview: 1487 W 47Th St Los Angeles, CA has 7 bedrooms, 4 bathrooms, 2,400 living square feet and 5,716 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: *****2 HOMES ON ONE LOT****Brand new construction 2 homes on one lot. existing home offers 4 bedrooms 3 bath, 1575 Sf, and newly built 3 bedrooms 1 bath 825 Sq ft second unit with fully paid for solar panels. Fresh 2 tone interior and exterior paint, All new plumbing and electrical system, New HVAC new laminated floor, new roof, new tile floor, all new custom-built kitchen cabinets with quartz countertop and beautiful backsplash, living room, family room with Fireplace, new plumbing fixtures, new bathrooms with new custom-built vanity, new countertop, new dual pane windows, new interior doors, new light fixtures, new concrete driveway, minutes from school, shopping center and freeway Excellent buy. Minutes from USC, Natural History Museum of Los Angeles County and Sofi stadium. many ways to produce income through short/ long term rental.

Listed by ROY KARIMPOUR | BRE #01023446 | KR HOMES INC
Last checked: 13 minutes ago | Last updated: February 26th, 2024 | Source CRMLS | DOM: 21

Home details

Lot Sq. Ft
5,716
HOA Dues
$0/mo
Year built
2024
Garage
--
Property Type:
Duplex
Status
Sold
MLS#
IV24002269
City
Los Angeles
County
Los Angeles
Time on Site
259 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 3
  • Garage Spaces: 0
  • Garaged Attached? No
  • Total Rent: --
  • Pro Forma/Market Rent: $5,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Total Rent: --
  • Pro Forma/Market Rent: $3,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 1487 W 47Th St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Individual Room
Fireplace Information
  • Has Fireplace
  • Family Room
Room Information
  • Flooring: Laminate
  • All Bedrooms Down
Kitchen Information
  • Has Appliances
  • Built-In Range
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
  • No
  • Parking Features: None
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Public Records
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5016012020
  • Year Built Source: Builder
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Western Ave and 47th street
Neighborhood Information
  • Community Features: Sidewalks, Street Lights, Suburban
View more facts & features

Local Los Angeles Agent

Sale History for 1487 W 47Th St

Last sold for $1,150,000 on February 22nd, 2024

  • February, 2024

  • Feb 22, 2024

    Date

    Sold

    CRMLS: IV24002269

    $1,150,000

    Price

  • Jan 8, 2024

    Date

    Active

    CRMLS: IV24002269

    $1,200,000

    Price

  • February, 2024

  • Feb 22, 2024

    Date

    Sold

    CRMLS: IV24001914

    $1,150,000

    Price

  • Jan 8, 2024

    Date

    Active

    CRMLS: IV24001914

    $1,200,000

    Price

  • Listing provided courtesy of CRMLS

    *****2 HOMES ON ONE LOT****Another beautiful home, professionally remodeled. Main house offers 4 bedrooms 3 bath, 1575 Sf, and newly built 3 bedrooms 1 bath 825 Sq ft second unit with fully paid for solar panels. Fresh 2 tone interior and exterior paint, All new plumbing and electrical system, New HVAC new laminated floor, new roof, new tile floor, all new custom built kitchen cabinets with quartz countertop and beautiful backsplash, living room, family room with Fireplace, new plumbing fixtures , new bathrooms with new custom built vanity, new countertop, new dual pane windows, new interior doors, new light fixtures, new concrete driveway, minutes from school, shopping center and freeway Excellent buy, move-in condition.

  • December, 2022

  • Dec 30, 2022

    Date

    Sold

    CRMLS: IN22192294

    $550,000

    Price

  • Aug 31, 2022

    Date

    Active

    CRMLS: IN22192294

    $740,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome to this wonderful Craftsman with an additional living unit! (1) Get a start on earning additional income with this amazing opportunity! This home offers the original charm of the period with features like leaded windows in the built-in china cabinet, double door entry to sitting/bedroom, heavy wood beam ceiling in dining room and large kitchen with space for a breakfast table. The property has been upgraded with tankless water heater, updated electrical panel and plumbing. There is a small California basement, one car garage with automatic garage door opener, storage space and additional off street covered parking. The property is being sold in AS-IS condition. Seller will do no repairs nor provide termite report or clearance. (1) The additional living space was present when current owner purchased the property and may be unpermitted. The space is equipped with a small shower and kitchen area. Buyer to satisfy themselves as to validity of the unit and its permit status for occupancy.

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Tax History for 1487 W 47Th St

Assessed Value (2020): $39,610
Year Land Value Improved Value Assessed Value
2020 $23,505 $16,105 $39,610

Home Value Compared to the Market

This property vs the competition

1487 W 47Th St sold on February 22, 2024 for 6.25% 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 $495.83 per/sqft which puts the price per square foot 31.51% lower than the current median sale per square foot for the city of Los Angeles.

About 1487 W 47Th St

Detailed summary of property

1487 W 47Th St is a duplex that recently sold in Los Angeles, CA 90062. This duplex offered 7 bedrooms, 4 bathrooms, roughly 2,400 living square feet, and sits on an approximately 5,716 square foot lot. 1487 W 47Th St was first listed on ArdentRealEstateGroup.com on January 5, 2024. The homeowner sold the property for $1,150,000. 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 6.25% higher than the current median priced home. Local homes that are currently for sale include 961 W 47th St, 872 W 42nd Pl and 862 W 41st St. While the average home in Los Angeles, CA is selling in 106 days, 1487 W 47Th St has a days on market of 21 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 1487 W 47Th St Los Angeles, CA 90062 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1487 W 47Th St

Public county record property details
Beds
2
Baths
1
Year built
1912
Sq. Ft.
1,575
Lot Size
5,715
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
20
APN
5016-012-020

The source for these homes facts are from public records.

90062 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$850,000
Median List Price/Sq.Ft.
$557
Median Sold Price
$645,000
Median Sold Price/Sq.Ft.
$477
Total Inventory
42
Median Sale to List Price %
104.88%
Avg Days on Market
19
Loan Type
Conventional (12.5%), FHA (25%), VA (0%), Cash (37.5%), Other (12.5%)

Thinking of Selling?

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(714) 706-1823

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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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