NOT LISTED FOR SALE

242 E 47th Place Los Angeles, CA 90011

South Park Neighborhood

Estimated Value: $683,000 - $850,525

5 Beds
3 Baths
1,678 Sq Ft
$471/Sq Ft Est. Value

Last Sold December 31, 2019

Last sale price $530,000 $316 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,739/month

About This Home

As of December 2019

NICE 2 SEPARATE UNITS IN A LOT

Last Agent to Sell the Property

Ricardo Borjas

First Family Homes License #01185416 Listed on: 12/18/2019

Last Buyer's Agent

Ricardo Borjas

First Family Homes License #01185416 Listed on: 12/18/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1911

Lot Details

  • 5,212 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • 1,678 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 5109009011

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 5109009011
  • Year Built: 1911
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 315.85

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Outside
  • 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, Walkstreet
  • Lot Size Sq Ft: 5212.00
  • Lot Size Acres: 0.1197

Multi Family

  • Lot Size Area: 5212.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2019
Closed on
Dec 17, 2019
Sold by
Alonso Evelyn Yahosca and Barquero Eveling Y
Bought by
Torres Abraham
Seller's Agent
Ricardo Borjas
First Family Homes
Buyer's Agent
Ricardo Borjas
First Family Homes
List Price
$539,000
Sold Price
$530,000
Premium/Discount to List
-$9,000
-1.67%
Current Estimated Value
$790,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,381
Avg. Annual Appreciation
6.90%
Original Mortgage
$503,500
Outstanding Balance
$443,908
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$346,473

Purchase Details

Closed on
Nov 9, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Barquero Eveling Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,659
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 10, 2011
Sold by
Resendiz Jose Inocente and Gonzalez Hortencia Perez
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 10, 2008
Sold by
Bermudez Hernan Heriberto and Bermudez Luz Lorena
Bought by
Resendiz Jose Inocente

Purchase Details

Closed on
May 6, 2008
Sold by
Resendiz Jose Inocente and Gonzalez Hortencia Perez
Bought by
Bermudez Hernan Heriberto and Bermudez Luz Lorena

Purchase Details

Closed on
Jun 9, 2005
Sold by
Rivas Zael A and Resendiz Jose Inocente
Bought by
Resendiz Jose Inocente and Gonzalez Hortencia Perez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 12, 2004
Sold by
Gonzalez Hortencia Perez
Bought by
Resendiz Jose Inocente

Purchase Details

Closed on
Aug 12, 2004
Sold by
Flores Blanca E
Bought by
Rivas Zael A and Resendiz Jose Inocente

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 2003
Sold by
Hud
Bought by
Flores Blanca E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,100
Interest Rate
5.71%

Purchase Details

Closed on
Aug 26, 2002
Sold by
Citimortgage Inc
Bought by
Hud

Purchase Details

Closed on
Feb 15, 2002
Sold by
Coleman Larry
Bought by
Citimortgage Inc

Purchase Details

Closed on
May 16, 2000
Sold by
Etaat Sharareh
Bought by
S E Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,430
Interest Rate
8.15%

Purchase Details

Closed on
Apr 24, 2000
Sold by
S E Investments Llc
Bought by
Coleman Lary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,430
Interest Rate
8.15%

Purchase Details

Closed on
Feb 9, 2000
Sold by
First Union National Bank
Bought by
Etaat Sharareh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,200
Interest Rate
4.35%

Purchase Details

Closed on
Dec 20, 1999
Sold by
Estrada Ricardo
Bought by
Fremont Home Loan Owner Trust 1999-1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,200
Interest Rate
4.35%

Purchase Details

Closed on
Feb 16, 1999
Sold by
Kupper Victor D
Bought by
Kupper Victor D and The Victor Kupper Family Trust

Purchase Details

Closed on
Nov 25, 1998
Sold by
Kupper Victor D and The Victor Kupper Family Trust
Bought by
Estrada Ricardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
9.75%

Purchase Details

Closed on
Jun 29, 1998
Sold by
Pledged Property Ii Llc
Bought by
Kupper Victor D

Purchase Details

Closed on
Jun 7, 1998
Sold by
Kupper Ethel
Bought by
Kupper Victor D

Purchase Details

Closed on
May 13, 1998
Sold by
Lynch Warren
Bought by
Pledged Property Ii Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Torres Abraham $530,000 Wfg Title Company
Barquero Eveling Y $215,000 Lsi Title Company
Federal Home Loan Mortgage Corporation $180,319 Accommodation
Resendiz Jose Inocente -- None Available
Bermudez Hernan Heriberto -- None Available
Resendiz Jose Inocente -- Lawyers Title
Resendiz Jose Inocente -- Diversified Title
Rivas Zael A $390,000 Diversified Title
Flores Blanca E $230,000 California Counties Title Co
Hud -- Fidelity Title
Citimortgage Inc $204,422 First American Title Ins Co
S E Investments Llc -- Fidelity Title
Coleman Lary $192,000 Fidelity National Title Co
Etaat Sharareh $116,000 First American Title Ins Co
Fremont Home Loan Owner Trust 1999-1 -- First American Title Ins Co
Kupper Victor D -- American Title Co
Estrada Ricardo $195,000 American Title Co
Kupper Victor D $105,000 Fidelity Title
Kupper Victor D -- Fidelity Title
Pledged Property Ii Llc $96,800 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Abraham $503,500
Previous Owner Barquero Eveling Y $243,659
Previous Owner Resendiz Jose Inocente $340,000
Previous Owner Rivas Zael A $312,000
Previous Owner Flores Blanca E $223,100
Previous Owner Coleman Lary $190,430
Previous Owner Etaat Sharareh $81,200
Previous Owner Estrada Ricardo $156,000
Closed Estrada Ricardo $9,750
Closed Rivas Zael A $78,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2019 12/31/19 Sold $530,000 -1.7% $316 / Sq Ft
12/18/2019 12/18/19 Pending -- -- --
12/18/2019 12/18/19 For Sale $539,000 -- $321 / 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 $7,170 $579,627 $437,456 $142,171
2024 $7,170 $568,263 $428,879 $139,384
2023 $7,035 $557,121 $420,470 $136,651
2022 $6,713 $546,198 $412,226 $133,972
2021 $6,627 $535,490 $404,144 $131,346
2020 $6,691 $530,000 $400,000 $130,000
2019 $7,322 $341,956 $209,655 $132,301
2018 $7,210 $335,252 $205,545 $129,707
2016 $4,036 $322,235 $197,564 $124,671
2015 $3,979 $317,396 $194,597 $122,799
2014 $4,004 $311,180 $190,786 $120,394
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2019

    Ricardo Borjas

    First Family Homes

    (562) 688-9242

    22 Total Sales

    Ricardo Borjas
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19223255

California Regional Multiple Listing Service (CRMLS)

APN: 5109-009-011

California Los Angeles County Los Angeles 90011 South Park

242 E 47th Place, Los Angeles, CA

Not Listed for Sale

MultiFamily

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