168 E 47Th Pl, Los Angeles, CA 90011
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168 E 47Th Pl Los Angeles, CA 90011

$699,000 Sold Price as of 01/13/2021
  • 8 Beds
  • 4 Baths
  • 2,408 Sq.Ft.
Sold
$699,000 Sold Price as of 01/13/2021 Refinance Your Mortgage

Map preview of 168 E 47Th Pl, Los Angeles, CA 90011

Property Overview: 168 E 47Th Pl Los Angeles, CA has 8 bedrooms, 4 bathrooms, 2,408 living square feet and 7,284 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Trust Sale - Renovated and Refurbished 4 unit investment property. New roof, 2 units updated, exterior paint, landscape, turnkey property. Property is permitted for 3 units. Section 8 tenants with one unit available for rent at market price. Trustee's property manager has managed the property. Property is sold in as is condition. Seller may require confirmation of sale by Court.

Listed by Anthony Fitzgerald | BRE #01248708 | Braun International Real Estate
Last checked: 12 minutes ago | Last updated: September 16th, 2022 | Source CRMLS | DOM: 70

Home details

Lot Sq. Ft
7,284
HOA Dues
$0/mo
Year built
1920
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20655356
City
Los Angeles
County
Los Angeles
Time on Site
1213 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,102
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $1,496
  • Pro Forma/Market Rent: $4,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 12
  • Gross Scheduled Income: --
  • Net Operating Income: $40,000
  • Gross Operating Income: $60,000
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 168 E 47Th Pl

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Central
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 4
  • Parcel Number: 5109003008
  • Year Built Source: Assessor
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: 47th Street, Los angeles, CA
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Sale History for 168 E 47Th Pl

Last leased for $2,950 on February 15th, 2022
  • September, 2021

  • Sep 18, 2021

    Date

    Active

    CRMLS: SR21206548

    $3,200

    Price

  • Listing provided courtesy of CRMLS

    Beautiful FULLY REMODELED 1200 sw ft 3 bedroom 2 bath for lease for $2750.

  • January, 2021

  • Jan 13, 2021

    Date

    Sold

    CRMLS: 20655356

    $699,000

    Price

  • Nov 4, 2020

    Date

    Active

    CRMLS: 20655356

    $699,000

    Price

  • December, 2020

  • Dec 16, 2020

    Date

    Sold (Public Records)

    Public Records

    $699,000

    Price

  • August, 2019

  • Aug 28, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 168 E 47Th Pl

Assessed Value (2020): $377,415
Year Land Value Improved Value Assessed Value
2020 $139,045 $238,370 $377,415

Home Value Compared to the Market

This property vs the competition

168 E 47Th Pl sold on January 13, 2021 for 41.26% 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 $290.28 per/sqft which puts the price per square foot 61.55% lower than the current median sale per square foot for the city of Los Angeles.

About 168 E 47Th Pl

Detailed summary of property

168 E 47Th Pl is a multi family that recently sold in Los Angeles, CA 90011. This multi family property offered 8 bedrooms, 4 bathrooms, roughly 2,408 living square feet, and sits on an approximately 7,284 square foot lot. 168 E 47Th Pl was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $699,000. 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 41.26% lower than the current median priced home. Local homes that are currently for sale include 876 E 41st Pl, 507 E 59th Pl and 132 E 60th St. While the average home in Los Angeles, CA is selling in 93 days, 168 E 47Th Pl has a days on market of 70 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 168 E 47Th Pl 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 168 E 47Th Pl

Public county record property details
Beds
6
Baths
4
Year built
1920
Sq. Ft.
3,000
Lot Size
7,283
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
7,8
APN
5109-003-008

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
$650,000
Median List Price/Sq.Ft.
$457
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$405
Total Inventory
40
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.