NOT LISTED FOR SALE

263 E 47th St Los Angeles, CA 90011

South Park Neighborhood

Estimated Value: $640,000 - $847,000

3 Beds
3 Baths
1,949 Sq Ft
$371/Sq Ft Est. Value

Sale Details

Date Sold: March 27, 2018

Last sale price $490,000 $251 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $4,504 / mo

45 Days on Market

About This Home

As of March 2018

Three units just South of Downtown Los Angeles.

Last Agent to Sell the Property

Victor Palacios

Star Realty of Southern California License #00816840 Listed on: 12/08/2017

Last Buyer's Agent

General NONMEMBER

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1906

Lot Details

  • 5,706

Home Design

  • 1,949 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Parking

  • Parking Available
  • Driveway

Additional Features

  • Exterior Lighting
  • 5,706 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 5109010024

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,000
  • Trash Expense $1,500
  • Water Sewer Expense $1,500
  • New Taxes Expense $5,000
  • Operating Expense $10,000
  • Net Operating Income $35,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1906

Lot Details

5,706 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Water Sewer Expenses: 1500.00
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5109010024
  • Year Built: 1906
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Square Foot: 251.41

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Trash Expense: 1500.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 5706.00

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Gross Scheduled Income: 45000.00
  • Insurance Expense: 2000.00
  • Net Operating Income: 35000.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 10000.00
  • Rent Control: Yes
  • Total Actual Rent: 3750.00
  • Total Expenses: 10000.00

Tax Info

  • New Taxes Expense: 5000.00
  • Tax Census Tract: 2285.00

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2017
Closed on
Mar 15, 2018
Sold by
Bought by
Seller's Agent
Victor Palacios
Star Realty of Southern California
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$399,000
Sold Price
$490,000
Premium/Discount to List
$91,000
22.81%
Current Estimated Value
$722,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,611
Avg. Annual Appreciation
4.86%
Original Mortgage
$367,500
Outstanding Balance
$314,469
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$408,142

Purchase Details

Closed on
May 10, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,500
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 24, 2004
Sold by
Bought by

Purchase Details

Closed on
Feb 27, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,152
Interest Rate
7.09%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 15, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
8.01%

Purchase Details

Closed on
Jul 23, 1999
Sold by
Bought by

Purchase Details

Closed on
Jul 22, 1999
Sold by
Bought by

Purchase Details

Closed on
Jan 13, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,461
Interest Rate
6.97%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 21, 1997
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,900
Interest Rate
7.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 1997
Sold by
Bought by

Purchase Details

Closed on
Feb 21, 1997
Sold by
Bought by
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

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 Buyer Sale Price Title Company
$490,000 Ticor Title Insurance
$530,000 Security Union
$359,900 --
$249,000 Southland Title Corporation
$122,500 New Century Title Company
-- Landsafe Title
$232,066 Landsafe Title
$225,000 American Title Co
$105,500 --
-- Stewart Title
$108,730 Stewart 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 Borrower Loan Amount
Open $367,500
Previous Owner $450,500
Previous Owner $245,152
Previous Owner $123,000
Previous Owner $217,461
Previous Owner $65,900
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
03/27/2018 03/27/18 Sold $490,000 +22.8% $251 / Sq Ft
01/22/2018 01/22/18 Pending -- -- --
12/08/2017 12/08/17 For Sale $399,000 -- $205 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,035 $557,533 $364,104 $193,429
2024 $6,953 $546,602 $356,965 $189,637
2023 $6,822 $535,885 $349,966 $185,919
2022 $6,512 $525,378 $343,104 $182,274
2021 $6,427 $515,077 $336,377 $178,700
2020 $6,489 $509,796 $332,928 $176,868
2019 $6,240 $499,800 $326,400 $173,400
2018 $4,890 $384,948 $280,908 $104,040
2016 $7,691 $624,067 $317,921 $306,146
2015 $7,580 $614,694 $313,146 $301,548
2014 $7,620 $602,654 $307,012 $295,642
Source: Public Records

Agents Affiliated with this Home

  • Victor Palacios

    Seller's Agent in 2018

    Victor Palacios

    Star Realty of Southern California

    (562) 923-6900

    70 Total Sales

    Victor Palacios
    Section Image

  • G

    Buyer's Agent in 2018

    General NONMEMBER

    NONMEMBER MRML

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW17276945

California Regional Multiple Listing Service (CRMLS)

APN: 5109-010-024

California Los Angeles County Los Angeles 90011 South Park

263 E 47th St, Los Angeles, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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