232 E 47th St Los Angeles, CA 90011
South Park NeighborhoodEstimated payment $5,270/month
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
Berkshire Hathaway HomeServices California Properties Brokerage Phone: 310-980-4384 License #01821253
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
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 |
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: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB26136713
APN: 5109-010-032
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Ask me questions while you tour the home.