NOT LISTED FOR SALE

1245 E 47th St Los Angeles, CA 90011

Central Alameda Neighborhood

Estimated Value: $616,000 - $809,000

5 Beds
3 Baths
1,658 Sq Ft
$441/Sq Ft Est. Value

Last Sold November 22, 2021

Last sale price $635,000 $383 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,535/month

9 Days on Market

About This Home

As of November 2021

GREAT INVESTMENT DUPLEX IN SOUTH LA FRONT HOME FEATURES 3 BED 1 BATH BACK UNIT 2 BED 1 BATH COVERED CARPORT WITH ATTACH RESTROOM. LONG DRIVEWAY TONS OF PARKING SPACES PLENTY OF FRONT AND BACK YARD.

Last Agent to Sell the Property

Ana B Gutierrez

Realty World Experts License #02019095 Listed on: 10/12/2021

Realty World Experts

Last Buyer's Agent

Leticia (Letty) Cortez

West Shores Realty, Inc. License #02059856

West Shores Realty, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1895

Lot Details

  • 6,929 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Interior Spaces

  • 1,658 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces
  • Parking Available

Listing and Financial Details

  • Legal Lot and Block 45 / 3
  • Assessor Parcel Number 5107010017
  • $368 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $150
  • Fuel Expense $50
  • Insurance Expense $60
  • Trash Expense $100
  • Water Sewer Expense $100
  • Operating Expense $550
  • Gross Income $3,500
  • Net Operating Income $2

Property Details

Home Type

Multi-Family

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 100.00
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5107010017
  • Year Built: 1895
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 382.99

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside, Outside
  • Sewer: Public Sewer
  • Trash Expense: 100.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6929.00
  • Lot Size Acres: 0.1591

Multi Family

  • Electric Expense: 150.00
  • Fuel Expense: 50.00
  • Gross Income: 3500.00
  • Gross Scheduled Income: 3500.00
  • Insurance Expense: 60.00
  • Lot Size Area: 6929.0000 Square Feet
  • Net Operating Income: 2.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 3000.00
  • Rent Control: Yes
  • Total Expenses: 550.00

Tax Info

  • Tax Block: 3
  • Tax Census Tract: 2287.10
  • Tax Lot: 45
  • Tax Tract Number: 0-007
  • TaxOtherAnnualAssessmentAmount: 368.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2017
Closed on
May 2, 2018
Sold by
Hernandez Antonio
Bought by
Martinon Alexis
Seller's Agent
Ana B Gutierrez
Realty World Experts
Buyer's Agent
Ana B Gutierrez
Realty World Experts
List Price
$340,000
Sold Price
$340,000
Current Estimated Value
$731,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$391,371
Avg. Annual Appreciation
10.63%
Original Mortgage
$333,841
Outstanding Balance
$293,015
Interest Rate
5.37%
Mortgage Type
FHA
Estimated Equity
$438,356

Purchase Details

Closed on
Mar 6, 2018
Sold by
Hernandez Floriberta
Bought by
Hernnadez Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,841
Outstanding Balance
$293,015
Interest Rate
5.37%
Mortgage Type
FHA
Estimated Equity
$438,356

Purchase Details

Closed on
Dec 22, 2017
Sold by
Hernandez Yanira
Bought by
Hernandez Antonio

Purchase Details

Closed on
Apr 3, 2015
Sold by
Hernandez Antonio
Bought by
Hernandez Yanira and Hernandez Efren

Purchase Details

Closed on
May 8, 2007
Sold by
Rodriguez Oscar Arturo
Bought by
Hernandez Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.12%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 12, 2006
Sold by
Rodriguez Oscar Arturo
Bought by
Rodriguez Oscar Arturo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
8%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 8, 2005
Sold by
Rodriguez Santos Porfirio
Bought by
Rodriguez Oscar A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,000
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2003
Sold by
Amesquita Rafael
Bought by
Rodriguez Santos Porfirio and Rodriguez Oscar A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.99%

Purchase Details

Closed on
Sep 24, 2002
Sold by
Newton Berthina
Bought by
Amesquita Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,200
Interest Rate
5.17%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Martinon Alexis $340,000 Pacific Coast Title Company
Hernnadez Antonio -- Pacific Coast Title Company
Hernandez Antonio -- None Available
Hernandez Yanira -- None Available
Hernandez Antonio $580,000 Investors Title Company
Rodriguez Oscar Arturo -- Investors Title Company
Rodriguez Oscar Arturo -- Alliance Title Company
Rodriguez Oscar A -- Ticor Title Co Of California
Rodriguez Santos Porfirio $230,000 Provident Title Company
Amesquita Rafael $124,000 Provident Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinon Alexis $333,841
Previous Owner Hernnadez Antonio $11,900
Previous Owner Rodriguez Oscar Arturo $116,000
Previous Owner Hernandez Antonio $464,000
Previous Owner Rodriguez Oscar Arturo $400,000
Previous Owner Rodriguez Oscar A $283,000
Previous Owner Rodriguez Santos Porfirio $184,000
Previous Owner Amesquita Rafael $99,200
Closed Rodriguez Santos Porfirio $46,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/22/2021 11/22/21 Sold $635,000 +4.1% $383 / Sq Ft
10/22/2021 10/22/21 Pending -- -- --
10/12/2021 10/12/21 For Sale $610,000 +79.4% $368 / Sq Ft
06/01/2018 06/01/18 Sold $340,000 0.0% $205 / Sq Ft View Prior Sale
12/21/2017 12/21/17 Pending -- -- --
12/12/2017 12/12/17 For Sale $340,000 -- $205 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,432 $673,867 $530,604 $143,263
2024 $8,316 $660,654 $520,200 $140,454
2023 $8,158 $647,700 $510,000 $137,700
2022 $7,785 $635,000 $500,000 $135,000
2021 $4,571 $357,400 $273,306 $84,094
2019 $4,440 $346,800 $265,200 $81,600
2018 $4,629 $380,253 $228,152 $152,101
2016 $4,409 $365,490 $219,294 $146,196
2015 $4,106 $326,000 $180,000 $146,000
2014 $3,786 $291,300 $180,600 $110,700
Source: Public Records

Agents Affiliated with this Home

  • Ana B Gutierrez

    Seller's Agent in 2021

    Ana B Gutierrez

    Realty World Experts

    (562) 499-9059

    1 in this area

    18 Total Sales

    Ana B Gutierrez
    Section Image
  • Leticia (Letty) Cortez

    Buyer's Agent in 2021

    Leticia (Letty) Cortez

    West Shores Realty, Inc.

    (310) 651-0149

    3 in this area

    8 Total Sales

    Leticia (Letty) Cortez
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21223542

California Regional Multiple Listing Service (CRMLS)

APN: 5107-010-017

California Los Angeles County Los Angeles 90011 Central Alameda

1245 E 47th St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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