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

$510,000 Sold Price as of 12/03/2020
  • 3 Beds
  • 3 Baths
  • 1,631 Sq.Ft.
Sold
$510,000 Sold Price as of 12/03/2020 Refinance Your Mortgage

Map preview of 438 E 47th St, Los Angeles, CA 90011

Property Overview: 438 E 47th St Los Angeles, CA has 3 bedrooms, 3 bathrooms, 1,631 living square feet and 6,135 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This triplex property is fully rented with 3 -1 bedroom 1 bath units. One is a duplex and the other unit sits above the garages on a lot that is more than 6,100 square feet of land. The adjacent triplex next door is also for sale. 432 E 47th Street. APN 5109-018-023

Listed by LASONYA WELLS | BRE #01452865 | REAL ESTATE EBROKER INC
Last checked: 19 seconds ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 12

Home details

Lot Sq. Ft
6,135
HOA Dues
$0/mo
Year built
1933
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
IV20117848
City
Los Angeles
County
Los Angeles
Time on Site
1214 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 0
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $764
  • Total Rent: $764
  • Pro Forma/Market Rent: $1,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $742
  • Total Rent: $742
  • Pro Forma/Market Rent: $1,300
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $824
  • Total Rent: $824
  • Pro Forma/Market Rent: $1,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $27,960
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $26,613
  • New Taxes: $3,200
  • Trash: $0
  • Insurance: $1,000
  • Water/Sewer: $22,413

Property Details for 438 E 47th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Outside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Tile, Wood
  • All Bedrooms Down, All Bedrooms Up, Laundry
Interior Features
  • Tile Counters
  • Levels: Two
  • Security Features: Window Bars
Exterior Features
Exterior Information
  • Has Fence
  • Wire
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Driveway - Combination, Garage
Lot Information
  • Lot Features: 2-5 Units/Acre, Front Yard, Lot Over 40000 Sqft, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 5109018024
  • Year Built Source: Assessor
  • Property is Attached
  • Has Land Lead
  • Property Condition: Fixer
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Location / Neighborhood
Location Information
  • Directions: .
Neighborhood Information
  • Community Features: Urban
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Sale History for 438 E 47th St

Last sold for $510,000 on December 3rd, 2020
  • December, 2020

  • Dec 5, 2020

    Date

    Sold

    CRMLS: IV20117848

    $510,000

    Price

  • Nov 24, 2020

    Date

    Hold

    CRMLS: IV20117848

    $425,000

    Price

  • Nov 24, 2020

    Date

    Active

    CRMLS: IV20117848

    $425,000

    Price

  • Oct 27, 2020

    Date

    Hold

    CRMLS: IV20117848

    $425,000

    Price

  • Oct 19, 2020

    Date

    Active

    CRMLS: IV20117848

    $425,000

    Price

  • Sep 19, 2020

    Date

    Hold

    CRMLS: IV20117848

    $425,000

    Price

  • Sep 17, 2020

    Date

    Active

    CRMLS: IV20117848

    $425,000

    Price

  • Aug 17, 2020

    Date

    Hold

    CRMLS: IV20117848

    $425,000

    Price

  • Aug 5, 2020

    Date

    Pending

    CRMLS: IV20117848

    $425,000

    Price

  • Jul 11, 2020

    Date

    Hold

    CRMLS: IV20117848

    $425,000

    Price

  • Jul 11, 2020

    Date

    Active

    CRMLS: IV20117848

    $425,000

    Price

  • Jul 1, 2020

    Date

    Hold

    CRMLS: IV20117848

    $425,000

    Price

  • Jul 1, 2020

    Date

    Active

    CRMLS: IV20117848

    $425,000

    Price

  • Jun 22, 2020

    Date

    Hold

    CRMLS: IV20117848

    $425,000

    Price

  • Jun 18, 2020

    Date

    Active

    CRMLS: IV20117848

    $425,000

    Price

  • December, 2020

  • Dec 3, 2020

    Date

    Sold (Public Records)

    Public Records

    $510,000

    Price

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Tax History for 438 E 47th St

Assessed Value (2020): $256,885
Year Land Value Improved Value Assessed Value
2020 $116,546 $140,339 $256,885

Home Value Compared to the Market

This property vs the competition

438 E 47th St sold on December 3, 2020 for 64.29% 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 $260.58 per/sqft which puts the price per square foot 65.49% lower than the current median sale per square foot for the city of Los Angeles.

About 438 E 47th St

Detailed summary of property

438 E 47th St is a multi family that recently sold in Los Angeles, CA 90011. This multi family property offered 3 bedrooms, 3 bathrooms, roughly 1,631 living square feet, and sits on an approximately 6,135 square foot lot. 438 E 47th St was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $510,000. 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 64.29% lower than the current median priced home. Local homes that are currently for sale include 1643 E 87th Pl, 3983 S Van Ness Ave and 220 W Colden Ave. While the average home in Los Angeles, CA is selling in 92 days, 438 E 47th St has a days on market of 12 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 438 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 438 E 47th St

Public county record property details
Beds
4
Baths
3
Year built
1933
Sq. Ft.
1,631
Lot Size
6,116
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
93
APN
5109-018-024

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
$659,000
Median List Price/Sq.Ft.
$460
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$405
Total Inventory
44
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.