$849,900
COMING SOON

Estimated payment $5,270/month

7 Beds
5 Baths
2,755 Sq Ft
6,076 Sq Ft Lot

Highlights

  • No Units Above
  • Gated Parking
  • Contemporary Architecture
  • All Bedrooms Downstairs
  • Open Floorplan
  • Attic

About This Home

Excellent opportunity to own this income producing 2,755 square feet duplex situated on 6,000 sq feet lot with 2 car garage, gated entrance, and a long driveway providing ample additional parking. ONE STORY 4BEDROOM 2BATHROOM FRONT UNIT (232 E 47TH STREET) offers spacious garden like front yard with mature avocado tree. ADDED IN 2015 WITH PERMITS, 2 STORY 3BEDROOM 3BATHROOM REAR UNIT (234 E 47TH STREET) has a private back yard paved with concrete allowing privacy and parking for several vehicles. Both Units have functional floor plans, inside laundry areas, granite counter tops, and separate gas and electric meters. Property has strong in place rents with long standing reliable tenants and might qualify for additional JADU/garage conversion to provide another income venue. (Buyer and Buyer's agent have to exercise their own due diligence with City of LA). Seller might be able to deliver the back unit vacant, but GIVES NO GUARANTEE. Close proximity to all major freeways and downtown LA provides a great potential for a long term real estate investment.

Listing Agent

Yevgeniya Kharkats

Berkshire Hathaway HomeServices California Properties Brokerage Phone: 310-980-4384 License #01821253

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 6,076 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Wood Fence
  • Stucco Fence
  • Fence is in fair condition
  • Paved or Partially Paved Lot
  • Front Yard

Parking

  • 2 Car Garage
  • Detached Carport Space
  • Parking Available
  • Driveway
  • Gated Parking

Home Design

  • Duplex
  • Contemporary Architecture
  • Entry on the 1st floor
  • Cosmetic Repairs Needed
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 2,755 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Granite Countertops
  • Laundry in unit
  • Attic

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • All Bedrooms Down
  • All Upper Level Bedrooms
  • 5 Bathrooms

Additional Features

  • Pasture
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 8 / 4
  • Tax Tract Number 1
  • Assessor Parcel Number 5109010032
  • $492 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,500
  • Water Sewer Expense $3,000
  • Operating Expense $13,500
  • Gross Income $52,020
  • Net Operating Income $52,020

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

6,076 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 3000.00
  • Architectural Style: Contemporary
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5109010032
  • Year Built: 1910
  • Special Features: ComingSoon

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Recessed Lighting, Open Floorplan, Copper Plumbing Full, Granite Counters
  • Stories: 2
  • Common Walls: 1 Common Wall, No One Below, No One Above
  • Flooring: Tile, Laminate
  • Entry Level: 1
  • Levels: One, Two
  • Price Per Square Foot: 308.49
  • Room Type: Attic, All Bedrooms Down, All Bedrooms Up

Exterior Features

  • Fence: Yes
  • Fencing: Wood, Fair Condition, Stucco Wall
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Gated, Driveway, Detached Carport
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Water Available, Natural Gas Connected, Sewer Available, Natural Gas Available, Sewer Connected, Electricity Available, Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Paved, Pasture, Front Yard
  • Lot Size Sq Ft: 6076.00
  • Lot Size Acres: 0.1395
  • Latitude Manual: 34.00072600

Rental Info

  • Tenant Pays: Gas, Electricity

Multi Family

  • Gross Income: 52020.00
  • Gross Scheduled Income: 65520.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 6076.0000 Square Feet
  • Net Operating Income: 52020.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 13500.00
  • Rent Control: Yes
  • Total Expenses: 13500.00

Tax Info

  • Tax Block: 4
  • Tax Lot: 8
  • Tax Tract Number: 1
  • TaxOtherAnnualAssessmentAmount: 492.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,484 $673,132 $406,201 $266,931
2024 $8,361 $659,935 $398,237 $261,698
2023 $8,204 $646,996 $390,429 $256,567
2022 $7,830 $634,311 $382,774 $251,537
2021 $7,724 $621,874 $375,269 $246,605
2019 $7,497 $603,432 $364,140 $239,292
2018 $6,164 $490,353 $197,259 $293,094
2016 $3,008 $237,000 $189,600 $47,400
2015 $3,742 $298,500 $237,800 $60,700
2014 $3,193 $246,000 $196,000 $50,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2015 07/31/15 Sold $237,000 +0.9% $182 / Sq Ft View Prior Sale
06/10/2015 06/10/15 Pending -- -- --
06/10/2015 06/10/15 For Sale $235,000 0.0% $181 / Sq Ft
06/03/2015 06/03/15 Pending -- -- --
05/28/2015 05/28/15 For Sale $235,000 -- $181 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed -- Fidelity National Title Co
Grant Deed $237,000 Pacific Coast Title Company
Grant Deed $355,000 Southland Title
Interfamily Deed Transfer -- Southland Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $385,000 Commercial
Previous Owner $71,000 Stand Alone Second
Previous Owner $284,000 Purchase Money Mortgage
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB26136713

California Regional Multiple Listing Service (CRMLS)

APN: 5109-010-032

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