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

$865,000 Sold Price as of 01/25/2023
  • 9 Beds
  • 4 Baths
  • 2,814 Sq.Ft.
Sold
$865,000 Sold Price as of 01/25/2023 Refinance Your Mortgage

Map preview of 154 E 47th St, Los Angeles, CA 90011

Property Overview: 154 E 47th St Los Angeles, CA has 9 bedrooms, 4 bathrooms, 2,814 living square feet and 6,750 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Listed by Neema Ahadian | BRE #01346750 | Marcus & Millichap
Last checked: 1 minute ago | Last updated: June 5th, 2023 | Source CRMLS | DOM: 111

Home details

Lot Sq. Ft
6,750
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22203297
City
Los Angeles
County
Los Angeles
Time on Site
601 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,609
  • Total Rent: $1,609
  • Pro Forma/Market Rent: $1,650
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,850
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 3
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,377
  • Total Rent: $4,754
  • Pro Forma/Market Rent: $5,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6.57%
  • Gross Rent Multiplier: 10.64
  • Gross Scheduled Income: --
  • Net Operating Income: $69,025
  • Gross Operating Income: $93,725
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 154 E 47th St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Natural Gas
Kitchen Information
  • Has Appliances
  • Refrigerator
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Parking Space
Property Information
  • Total # of Units: 4
  • Parcel Number: 5109002012
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Located between S Main St and Wall St
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Sale History for 154 E 47th St

Last sold for $865,000 on January 25th, 2023
  • January, 2023

  • Jan 25, 2023

    Date

    Sold

    CRMLS: 22203297

    $865,000

    Price

  • Aug 30, 2022

    Date

    Active

    CRMLS: 22203297

    $1,225,000

    Price

  • April, 2018

  • Apr 12, 2018

    Date

    Sold

    CRMLS: SB18034221

    $500,000

    Price

  • Mar 8, 2018

    Date

    Pending

    CRMLS: SB18034221

    $525,000

    Price

  • Feb 13, 2018

    Date

    Active

    CRMLS: SB18034221

    $525,000

    Price

  • Listing provided courtesy of CRMLS

    CBRE is pleased to present a great value add opportunity! Drive by only, do not disturb tenants. Call listing agent Matt for details.

  • April, 2018

  • Apr 12, 2018

    Date

    Sold (Public Records)

    Public Records

    $550,000

    Price

  • October, 2012

  • Oct 25, 2012

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 154 E 47th St

Assessed Value (2020): $572,220
Year Land Value Improved Value Assessed Value
2020 $353,736 $218,484 $572,220

Home Value Compared to the Market

This property vs the competition

154 E 47th St sold on January 25, 2023 for 20.17% 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 $337.6 per/sqft which puts the price per square foot 55.29% lower than the current median sale per square foot for the city of Los Angeles.

About 154 E 47th St

Detailed summary of property

154 E 47th St is a multi family that recently sold in Los Angeles, CA 90011. This multi family property offered 9 bedrooms, 4 bathrooms, roughly 2,814 living square feet, and sits on an approximately 6,750 square foot lot. 154 E 47th St was first listed on ArdentRealEstateGroup.com on September 27, 2022. The homeowner sold the property for $865,000. 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 20.17% lower than the current median priced home. Local homes that are currently for sale include 217 W 57th St, 3811 Trinity St and 854 E 50th St. While the average home in Los Angeles, CA is selling in 92 days, 154 E 47th St has a days on market of 111 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 154 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 154 E 47th St

Public county record property details
Beds
5
Baths
3
Year built
1922
Sq. Ft.
2,814
Lot Size
6,750
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
10
APN
5109-002-012

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%)

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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.