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1493 W 47th St, Los Angeles, CA 90062
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1493 W 47th St Los Angeles, CA 90062

$819,000 Sold Price as of 09/10/2019
  • 7 Beds
  • 6 Baths
  • 2,576 Sq.Ft.
Sold
$819,000 Sold Price as of 09/10/2019 Refinance Your Mortgage
Map preview of 1493 W 47th St, Los Angeles, CA 90062

Property Overview: 1493 W 47th St Los Angeles, CA has 7 bedrooms, 6 bathrooms, 2,576 living square feet and 5,717 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: TWO BEAUTIFUL VACANT HOUSES ON A LOT!! The front home (1,676 sq ft, MARKET RENT approx $3,000/Month) is a 3/1 3/4 bath craftsman style home with hardwood floor throughout, new roof, electrical, plumbing systems, dual pane new windows, completely remodeled kitchen and bathrooms, living rm w/ fp, large formal dining w/ large breakfast area, nice floor plan. The second home (Address is 1491) is a brand NEW CONSTRUCTION, ADU (895 sq ft), 2 bedrooms, 2 full baths with kitchen, living room, dining area, and laundry room. Perfect for some looking for some extra rental income (MARKET RENT approx $2,500.00) or have extended family or friends live in the back house. The back house has its own address and separate gas meter. Both homes have forced heating and air. PRIME LOCATION FOR COMMUTERS TO DTLA, USC, AND ACCESS TO METRO LINE!! Do not miss this great opportunity to own this very unique piece of property.

Listed by Ken Smith | BRE #01010365 | Ken Smith And Assoc Re/fin Ser
Last checked: 1 minute ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 69

Home details

Lot Sq. Ft
5,717
HOA Dues
$0/mo
Year built
1912
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19485074
City
Los Angeles
County
Los Angeles
Time on Site
1346 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 8.25
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $66,000
  • Improvements Total: $24,145
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1493 W 47th St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Laundry Information
  • No Laundry
  • None
Kitchen Information
  • No Appliances
  • None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 2
  • Parcel Number: 5016012019
Location / Neighborhood
Location Information
  • Directions: 2 blocks East of Western/ South of Vernon Ave.
View more facts & features

Local Los Angeles Agent

Sale History for 1493 W 47th St

Last sold for $819,000 on September 10th, 2019

  • September, 2019

  • Sep 11, 2019

    Date

    Sold

    CRMLS: 19485074

    $819,000

    Price

  • Jul 23, 2019

    Date

    Price Change

    CRMLS: 19485074

    $819,000

    Price

  • Jul 4, 2019

    Date

    Active

    CRMLS: 19485074

    $799,900

    Price

  • September, 2019

  • Sep 10, 2019

    Date

    Sold (Public Records)

    Public Records

    $819,000

    Price

  • July, 2019

  • Jul 4, 2019

    Date

    Canceled

    CRMLS: 19478124

    $799,995

    Price

  • Jun 17, 2019

    Date

    Price Change

    CRMLS: 19478124

    $799,995

    Price

  • Jun 14, 2019

    Date

    Active

    CRMLS: 19478124

    $839,900

    Price

  • Listing provided courtesy of CRMLS

    TWO BEAUTIFUL VACANT HOUSES ON A LOT!! The front home (1,676 sq ft, MARKET RENT approx $3,000/Month) is a 3/1 3/4 bath craftsman style home with hardwood floor throughout, new roof, electrical, plumbing systems, dual pane new windows, completely remodeled kitchen and bathrooms, living rm w/ fp, large formal dining w/ large breakfast area, nice floor plan. The second home is a brand NEW CONSTRUCTION, ADU (895 sq ft), 2 bedrooms, 2 full baths with kitchen, living room, dining area, and laundry room. Perfect for some looking for some extra rental income (MARKET RENT approx $2,500.00) or have extended family or friends live in the back house. The back house has its own address and separate gas meter. Both homes have forced heating and air. PRIME LOCATION FOR COMMUTERS TO DTLA, USC, AND ACCESS TO METRO LINE!! Do not miss this great opportunity to own this very unique piece of property.

  • November, 2018

  • Nov 14, 2018

    Date

    Sold (Public Records)

    Public Records

    $74,000

    Price

  • November, 2018

  • Nov 5, 2018

    Date

    Sold

    CRMLS: DW18227975

    $425,000

    Price

  • Oct 17, 2018

    Date

    Pending

    CRMLS: DW18227975

    $499,000

    Price

  • Oct 6, 2018

    Date

    Hold

    CRMLS: DW18227975

    $499,000

    Price

  • Oct 6, 2018

    Date

    Active

    CRMLS: DW18227975

    $499,000

    Price

  • Sep 26, 2018

    Date

    Hold

    CRMLS: DW18227975

    $499,000

    Price

  • Sep 26, 2018

    Date

    Active

    CRMLS: DW18227975

    $499,000

    Price

  • Sep 19, 2018

    Date

    Hold

    CRMLS: DW18227975

    $499,000

    Price

  • Sep 18, 2018

    Date

    Active

    CRMLS: DW18227975

    $499,000

    Price

  • Listing provided courtesy of CRMLS

    Charming property located on a quiet tree lined street. Home features 1,676 Sq feet on a 5,717 Lot Size. Plenty of Craftman Details throughout home and centrally located to Downtown LA. Property needs updating making this home perfect for Investor or Handyman.

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Tax History for 1493 W 47th St

Assessed Value (2020): $819,000
Year Land Value Improved Value Assessed Value
2020 $444,000 $375,000 $819,000

Home Value Compared to the Market

This property vs the competition

1493 W 47th St sold on September 10, 2019 for 26.88% 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 $317.93 per/sqft which puts the price per square foot 56.09% lower than the current median sale per square foot for the city of Los Angeles.

About 1493 W 47th St

Detailed summary of property

1493 W 47th St is a multi family that recently sold in Los Angeles, CA 90062. This multi family property offered 7 bedrooms, 6 bathrooms, roughly 2,576 living square feet, and sits on an approximately 5,717 square foot lot. 1493 W 47th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $819,000. 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 26.88% lower than the current median priced home. Local homes that are currently for sale include 965 W 47Th St, 3929 Brighton Ave and 5226 S Wilton Pl. While the average home in Los Angeles, CA is selling in 106 days, 1493 W 47th St has a days on market of 69 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 1493 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 1493 W 47th St

Public county record property details
Beds
5
Baths
4
Year built
--
Sq. Ft.
2,516
Lot Size
5,716
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
19
APN
5016-012-019

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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