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

$625,000 Sold Price as of 01/03/2022
  • 11 Beds
  • 6 Baths
  • 4,160 Sq.Ft.
Sold
$625,000 Sold Price as of 01/03/2022 Refinance Your Mortgage
Map preview of 314 W 47Th St, Los Angeles, CA 90037

Property Overview: 314 W 47Th St Los Angeles, CA has 11 bedrooms, 6 bathrooms, 4,160 living square feet and 4,477 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: More Pictures Coming Soon. Probate Sale! Full Authority NO Court confirmation needed! Welcome 314 W 47th St. Los Angeles. Attention all Cash Investors this is it, No need to look forward. Great Investment opportunity with tons of potential and upside. It's a Four Unit property compose of two separate buildings. Front building is compose of 3 Units (1) 6 Bedroom 2 Bathroom on top with (2) Singles downstairs along side 1 Bedroom 1 Bathroom each. Has a separate (4) Single Family 3 Bedroom 2 Bathroom with a Den behind. Property is "SOLD AS IS" with current Tenants in place. Property is located in close proximity to USC and the Los Angeles Coliseum. Buyer and Buyer's Agent do their diligence to verify all information, inspections, and property permits.

Listed by Edwin Blanco | BRE #02054714 | Century 21 Realty Masters
Last checked: 7 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 14

Home details

Lot Sq. Ft
4,477
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
DW21228917
City
Los Angeles
County
Los Angeles
Time on Site
929 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Electric Meters: 0
  • # of Gas Meters: 0
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 6
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $2,360
  • Total Rent: $2,360
  • Pro Forma/Market Rent: $4,500
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $1,350
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Furnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $28,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $52,320
  • Net Operating Income: $34,320
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $18,000
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $18,000

Property Details for 314 W 47Th St

Interior Features
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 5110010007
  • Year Built Source: Other
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: South of Slauson and West of S Broadway
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 314 W 47Th St

Last sold for $625,000 on January 3rd, 2022

  • October, 2021

  • Oct 21, 2021

    Date

    Active

    CRMLS: DW21228917

    $825,000

    Price

  • October, 2021

  • Oct 13, 2021

    Date

    Canceled

    CRMLS: P1-6590

    $849,000

    Price

  • Sep 9, 2021

    Date

    Active

    CRMLS: P1-6590

    $849,000

    Price

  • Listing provided courtesy of CRMLS

    Probate Sale! We are pleased to present this great 4 unit multi family offering. Located within just minutes of USC, DTLA, LA LIVE, Los Angeles Memorial Coliseum, Banc of California Stadium. This 4 Unit property has tons of upside potential and waiting for the right investor to capitalize. Front building offers 2 - 1bd units on each side and a spacious 4bd unit upstairs. The rear is a 3bd detached single family. Building has alley access and off street parking only.

  • January, 1998

  • Jan 21, 1998

    Date

    Sold (Public Records)

    Public Records

    $325,000

    Price

  • February, 1997

  • Feb 24, 1997

    Date

    Sold (Public Records)

    Public Records

    $100,000

    Price

Show More

Tax History for 314 W 47Th St

Assessed Value (2020): $498,516
Year Land Value Improved Value Assessed Value
2020 $235,378 $263,138 $498,516

Home Value Compared to the Market

This property vs the competition

314 W 47Th St sold on January 3, 2022 for 30.67% 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 $198.32 per/sqft which puts the price per square foot 73.73% lower than the current median sale per square foot for the city of Los Angeles.

About 314 W 47Th St

Detailed summary of property

314 W 47Th St is a multi family that recently sold in Los Angeles, CA 90037. This multi family property offered 11 bedrooms, 6 bathrooms, roughly 4,160 living square feet, and sits on an approximately 4,477 square foot lot. 314 W 47Th St was first listed on ArdentRealEstateGroup.com on October 15, 2021. The homeowner sold the property for $625,000. 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 30.67% lower than the current median priced home. Local homes that are currently for sale include 135 W 62nd St, 854 E 50th St and 1201 W 54th St. While the average home in Los Angeles, CA is selling in 96 days, 314 W 47Th St has a days on market of 14 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 314 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 314 W 47Th St

Public county record property details
Beds
6
Baths
5
Year built
1924
Sq. Ft.
4,160
Lot Size
4,476
Stories
--
Type
Boarding House, Rooming House, Apt Hotel, Transient Lodgings, Hostel
Pool
No
Spa
No
County
Los Angeles
Lot#
91
APN
5110-010-007

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.
$562
Median Sold Price
$667,000
Median Sold Price/Sq.Ft.
$444
Total Inventory
33
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%)

Thinking of Selling?

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Homes for Sale Near 314 W 47Th St

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Recently Sold Homes Near 314 W 47Th St

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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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