NOT LISTED FOR SALE

Estimated Value: $734,000 - $953,931

4 Beds
3 Baths
1,726 Sq Ft
$486/Sq Ft Est. Value

Last Sold February 25, 2021

Last sale price $586,000 $340 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $5,100/month

210 Days on Market

About This Home

As of February 2021

This home is located at 167 E 47th St, Los Angeles, CA 90011 since 04 May 2020 and is currently estimated at $839,233, approximately $486 per square foot. This property was built in 1923. 167 E 47th St is a home located in Los Angeles County with nearby schools including West Vernon Avenue Elementary School, George Washington Carver Middle School, and Nava College Preparatory Academy.

Last Agent to Sell the Property

Mario Ortega

C-21 Realty Team License #01155697 Listed on: 05/04/2020

Last Buyer's Agent

Claudia Cortez

The Jireh Group License #01338715

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,798

Year Built

  • Built in 1923

Lot Details

  • 7,176 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 1,726 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 18 / 2
  • Assessor Parcel Number 5109002043

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $900
  • Water Sewer Expense $2,100
  • New Taxes Expense $4,698
  • Operating Expense $3,000
  • Gross Income $13,200
  • Net Operating Income $9,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,798

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 2100.00
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5109002043
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 339.51

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7176.00
  • Lot Size Acres: 0.1647

Multi Family

  • Gross Income: 13200.00
  • Gross Scheduled Income: 13200.00
  • Insurance Expense: 900.00
  • Lot Size Area: 7176.0000 Square Feet
  • Net Operating Income: 9600.00
  • 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: 3600.00
  • Rent Control: Yes
  • Total Expenses: 3000.00

Tax Info

  • New Taxes Expense: 4698.00
  • Tax Block: 2
  • Tax Census Tract: 2285.00
  • Tax Lot: 18
  • Tax Tract Number: unknow

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2020
Sold by
Garzas Revocable Family Living Trust and Garzas Revocable Family Living
Bought by
Garandos Darwin
Current Estimated Value
$839,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 11, 2015
Sold by
Garza Antonio G and Garza Irma R
Bought by
The Garzas Revocable Family Living Trust

Purchase Details

Closed on
Jun 17, 2011
Sold by
Garza Irma R and Garza Antonio G
Bought by
Garza Antonio G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
4.55%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
May 10, 2010
Sold by
Huerta Maximino Montoya and Huerta Rosaura
Bought by
Garza Antonio G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
4.55%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Garandos Darwin $586,000 Provident Title
Garzas Revocable Family Living Trust -- Provident Title
The Garzas Revocable Family Living Trust -- None Available
Garza Antonio G -- None Available
Garza Antonio G -- Cctn
Garza Antonio G -- Cctn
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garandos Darwin $0
Previous Owner Garza Antonio G $330,000
Previous Owner Garza Antonio G $330,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2021 02/25/21 Sold $586,000 +1.0% $340 / Sq Ft
11/30/2020 11/30/20 Pending -- -- --
05/04/2020 05/04/20 For Sale $580,000 -- $336 / 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 $7,798 $634,303 $432,972 $201,331
2024 $7,798 $621,867 $424,483 $197,384
2023 $7,649 $609,674 $416,160 $193,514
2022 $7,297 $597,720 $408,000 $189,720
2021 $3,469 $275,161 $137,757 $137,404
2020 $4,829 $272,341 $136,345 $135,996
2019 $4,698 $267,002 $133,672 $133,330
2018 $4,302 $234,432 $131,051 $103,381
2016 $2,824 $225,330 $125,963 $99,367
2015 $2,784 $221,946 $124,071 $97,875
2014 $2,805 $217,599 $121,641 $95,958
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS20085791

California Regional Multiple Listing Service (CRMLS)

APN: 5109-002-043