227 W 47Th St, Los Angeles, CA 90037
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227 W 47Th St Los Angeles, CA 90037

$780,000
  • 6 Beds
  • 4 Baths
  • 1,863 Sq.Ft.
For Sale
$780,000 Get Pre-Qualified

Map preview of 227 W 47Th St, Los Angeles, CA 90037

Property Overview: 227 W 47Th St Los Angeles, CA has 6 bedrooms, 4 bathrooms, 1,863 living square feet and 7,845 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: This fantastic duplex near downtown LA, BMO Stadium, and the Coliseum. This property presents an excellent opportunity, whether you're a first-time buyer or seasoned investor looking to expand your portfolio. Prime Location: Situated near downtown LA, BMO Stadium, and the Coliseum, this duplex offers convenience and accessibility to major freeways and amenities. 2 car garage detached great for ADU conversion With two units available front house is 4 bed and 2 bath and rear is 2 bed 1 bath, you have the flexibility to live in one unit and rent out the other, optimizing your investment potential. While the property may need some tender loving care (TLC), it presents an incredible opportunity to add value and customize according to your preferences.

Listed by Alex Avilez | BRE #01271332 | Alex Avilez, Broker
Last checked: 13 minutes ago | Last updated: April 26th, 2024 | Source CRMLS | DOM: 10
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Home details

Lot Sq. Ft
7,845
HOA Dues
$0/mo
Year built
1909
Garage
2 Car
Property Type:
Duplex
Status
Active
MLS#
CV24083313
City
Los Angeles
County
Los Angeles
Time on Site
10 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,600
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

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Property Details for 227 W 47Th St

Interior Features
Laundry Information
  • Has Laundry
  • Individual Room
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: Park Nearby
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5110008034
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Broadway head east on 47th look for address
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 227 W 47Th St

Last sold for $475,000 on October 3rd, 2005
  • April, 2024

  • Apr 25, 2024

    Date

    Active

    CRMLS: CV24083313

    $780,000

    Price

  • October, 2005

  • Oct 3, 2005

    Date

    Sold (Public Records)

    Public Records

    $475,000

    Price

  • March, 2001

  • Mar 15, 2001

    Date

    Sold (Public Records)

    Public Records

    $215,000

    Price

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Tax History for 227 W 47Th St

Assessed Value (2020): $593,531
Year Land Value Improved Value Assessed Value
2020 $401,104 $192,427 $593,531

Home Value Compared to the Market

This property vs the competition

227 W 47Th St is listed 36.84% lower than the median list price for the city of Los Angeles which has a median list price of $1,235,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $418.68 per/sqft which puts the price per square foot 45.91% lower than the median price per square foot for the city of Los Angeles.

About 227 W 47Th St

Detailed summary of property

227 W 47Th St is a duplex located in Los Angeles, CA 90037 and is currently for sale. This duplex offers 6 bedrooms, 4 bathrooms, roughly 1,863 living square feet, and sits on an approximately 7,845 square foot lot. 227 W 47Th St was first listed on ArdentRealEstateGroup.com on April 26, 2024. The homeowner is currently asking $780,000. The median priced home in Los Angeles is $1,235,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 36.84% lower than the median priced home. Local competing homes currently for sale include 710 W 55th St, 735 E Vernon Ave and 916 53Rd St. While the average home in Los Angeles, CA is selling in 94 days, 227 W 47Th St has a days on market of 10 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 227 W 47Th St Los Angeles, CA 90037 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 227 W 47Th St

Public county record property details
Beds
4
Baths
3
Year built
1909
Sq. Ft.
1,863
Lot Size
7,843
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
27,28
APN
5110-008-034

The source for these homes facts are from public records.

90037 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$725,000
Median List Price/Sq.Ft.
$560
Median Sold Price
$667,000
Median Sold Price/Sq.Ft.
$444
Total Inventory
31
Median Sale to List Price %
106.72%
Avg Days on Market
21
Loan Type
Conventional (0%), FHA (50%), VA (0%), Cash (33.33%), Other (0%)

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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.