NOT LISTED FOR SALE

Estimated Value: $584,000 - $695,000

2 Beds
1 Bath
390 Sq Ft
$1,695/Sq Ft Est. Value

Last Sold January 09, 2024

Last sale price $625,000 $1,603 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,970/month

Highlights

  • Furnished
  • Breakfast Bar
  • Walk-in Shower
  • No HOA
  • Patio
  • Central Heating

About This Home

As of July 2024

Cozy studio apartment situated at 1946 W 47th St in the charming South Los Angeles neighborhood. This property offers a fantastic location with easy access to various amenities, attractions, and educational institutions.

Shopping: Just a short drive away, you'll find the Baldwin Hills Crenshaw Plaza, which features a variety of shops, including Macy's, Sears, and Walmart. For grocery shopping, head to the nearby Ralph's or Food 4 Less.

Food & Restaurants: Explore a range of delicious dining options in the area. Enjoy mouthwatering soul food at Phillip's BBQ, indulge in flavorful tacos at Taco Bell, or grab a quick sandwich at Subway. Other nearby restaurants include Louisiana Famous Fried Chicken and Earle's on Crenshaw.

Schools: The apartment is located within the Los Angeles Unified School District, with nearby schools including Bright Star Secondary Charter Academy, Cienega Elementary School, and Susan Miller Dorsey Senior High School.

Colleges: Several renowned colleges and universities are located within a short commute from the apartment. These include the University of Southern California (USC), Los Angeles Trade-Technical College, Los Angeles Southwest College, and West Los Angeles College.

Entertainment: Catch a movie at the nearby Cinemark Baldwin Hills Crenshaw Plaza 15 and XD theater. For outdoor activities, visit the scenic Kenneth Hahn State Recreation Area or the Jim Gilliam Recreation Center, both offering ample green spaces and recreational facilities.

With its convenient location, proximity to public transportation, and easy access to educational institutions, this apartment is perfect for students, young professionals, and families looking to experience the vibrant South Los Angeles community while enjoying the benefits of city living.

Do not disturb occupants, please contact the listing agent.

Last Agent to Rent the Property

MANUEL AMAYA

Excellence RE Real Estate, Inc. Brokerage Phone: 626-201-3939 License #02069071 Listed on: 06/18/2024

Last Renter's Agent

MANUEL AMAYA

Excellence RE Real Estate, Inc. Brokerage Phone: 626-201-3939 License #02069071 Listed on: 06/18/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,375

Year Built

  • Built in 1915

Lot Details

  • 3,814 Sq Ft Lot
  • No Common Walls

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Entry on the 1st floor
  • Studio

Interior Spaces

  • 390 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Vinyl Flooring

Kitchen

  • Kitchenette
  • Breakfast Bar
  • Gas Range
  • Range Hood
  • Microwave

Bedrooms and Bathrooms

  • 1 Full Bathroom
  • Walk-in Shower

Utilities

  • Central Heating
  • 220 Volts

Additional Features

  • Patio
  • Suburban Location

Community Details

  • No Home Owners Association
  • $3,750 HOA Transfer Fee
  • 2 Units

Listing and Financial Details

  • Security Deposit $1,850
  • Rent includes electricity, gas, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 7/1/24
  • Legal Lot and Block O / 45
  • Tax Tract Number 2322
  • Assessor Parcel Number 5016019007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,375

Year Built

Built in 1915

Lot Details

0

Rental Info

  • Available Date: 2024-07-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 25
  • Deposit Security: 1850
  • Furnished: Furnished
  • Transfer Fees: 3750.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Duplex
  • Inclusions: Refridgerator, Gas stove, Microwave
  • Property Attached: No
  • View: No
  • Zoning: LAR1
  • Property Sub Type: Studio
  • Property Type: Residential Lease
  • Parcel Number: 5016019007
  • Year Built: 1915
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 390.00 Square Feet
  • Stories: 1
  • Entry Location: Side Gate
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Eating Area: Breakfast Counter / Bar
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 4.36
  • Room Type: All Bedrooms Down
  • Bathroom Features: Shower
  • Room Kitchen Features: Kitchenette

Exterior Features

  • Patio: Yes
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Range, Microwave, Range Hood, Refrigerator
  • Electric: 220 Volts
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 3814.00
  • Lot Size Acres: 0.0876

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 3814.0000 Square Feet
  • Number Of Units Total: 2
  • Rent Includes: Electricity, Gas, Trash Collection, Water

Tax Info

  • Tax Block: 45
  • Tax Census Tract: 2322.00
  • Tax Lot: O
  • Tax Tract Number: 2322

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2023
Closed on
Jan 2, 2024
Sold by
Tomas Leonila
Bought by
Tomas Juan
Seller's Agent
Demetrius Brown
CLRE Corporation
Buyer's Agent
MANUEL AMAYA
Excellence RE Real Estate, Inc.
List Price
$598,000
Sold Price
$625,000
Premium/Discount to List
$27,000
4.52%
Views
354
Current Estimated Value
$661,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,136
Avg. Annual Appreciation
2.98%
Original Mortgage
$500,000
Outstanding Balance
$492,232
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$164,359

Purchase Details

Listed on
Nov 21, 2023
Closed on
Dec 13, 2023
Sold by
Manson Manfred and Manson Mesha
Bought by
Ignacio Juan Diego Tomas and Ignacio Tomas Juan
Seller's Agent
Demetrius Brown
CLRE Corporation
Buyer's Agent
MANUEL AMAYA
Excellence RE Real Estate, Inc.
List Price
$598,000
Sold Price
$625,000
Premium/Discount to List
$27,000
4.52%
Views
354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$492,232
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$164,359

Purchase Details

Closed on
Dec 11, 2019
Sold by
Foster Carl Lee and Estate Of Robert L Foster
Bought by
Manson Manfred and Manson Alesha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Tomas Juan -- Lawyers Title
Ignacio Juan Diego Tomas $625,000 Lawyers Title
Manson Manfred $400,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ignacio Juan Diego Tomas $500,000
Previous Owner Manson Manfred $367,000
Previous Owner Manson Manfred $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Rented $1,700 -8.1% --
07/29/2024 07/29/24 Under Contract -- -- --
06/18/2024 06/18/24 For Rent $1,850 0.0% --
01/09/2024 01/09/24 Sold $625,000 0.0% $472 / Sq Ft
12/08/2023 12/08/23 Price Changed $625,000 +4.5% $472 / Sq Ft
12/07/2023 12/07/23 Pending -- -- --
11/21/2023 11/21/23 For Sale $598,000 -- $451 / 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 $5,375 $637,500 $605,676 $31,824
2024 $5,375 $428,876 $343,103 $85,773
2023 $5,276 $420,468 $336,376 $84,092
2022 $5,037 $412,225 $329,781 $82,444
2021 $4,969 $404,143 $323,315 $80,828
2020 $2,662 $203,700 $122,225 $81,475
2019 $2,563 $199,707 $119,829 $79,878
2018 $457 $30,973 $16,131 $14,842
2016 $422 $29,771 $15,505 $14,266
2015 $417 $29,325 $15,273 $14,052
2014 $428 $28,751 $14,974 $13,777
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB24121466

California Regional Multiple Listing Service (CRMLS)

APN: 5016-019-007