631 E 47th St Los Angeles, CA 90011
South Park NeighborhoodEstimated payment $5,042/month
About This Home
Ideally located in the heart of Los Angeles, this well-maintained 3-unit multifamily property in desirable R2 zoning offers exceptional long-term value and reliable rental income. Featuring 2,912 sq ft living space on a generous 7,556 sq ft Lot, the property consists of two comfortable 2Bed/1Bath units and one spacious 3Bed/2Bath two-story unit. One unit has been upgraded with laminated flooring and modern finishes. Each unit is equipped with individual gas and electric meters, minimizing owner expenses, and tenants benefit from a large gated parking area with ample space. Situated in R2 zoning, the property also presents potential for future expansion or redevelopment possibilities ( buyer to verify). Its central location offers unmatched convenience-near Downtown LA, USC, Exposition Park, transit, and major freeways- ensuring consistent rental demand and long-term growth. A great opportunity for investors seeking stability. All tenants have been consistently reliable with their rent payments.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1931
Interior Spaces
- 2,912 Sq Ft Home
- 1-Story Property
- Oven or Range
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Bathrooms
Parking
- 5 Parking Spaces
- Assigned Parking
Additional Features
- 7,556 Sq Ft Lot
- Heating System Mounted To A Wall or Window
Listing and Financial Details
- Assessor Parcel Number 5108-005-017
Community Details
Overview
- 2 Buildings
- 3 Units
Building Details
- Rent Control
Map
Home Values in the Area
Average Home Value in this Area
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 | $9,097 | $725,084 | $507,560 | $217,524 |
| 2024 | $9,097 | $710,867 | $497,608 | $213,259 |
| 2023 | $8,928 | $696,929 | $487,851 | $209,078 |
| 2022 | $8,525 | $683,265 | $478,286 | $204,979 |
| 2021 | $8,412 | $669,868 | $468,908 | $200,960 |
| 2020 | $8,492 | $663,440 | $464,100 | $199,340 |
| 2019 | $8,168 | $650,440 | $455,000 | $195,440 |
| 2018 | $3,330 | $247,710 | $187,662 | $60,048 |
| 2016 | $3,158 | $237,671 | $180,376 | $57,295 |
| 2015 | $3,116 | $234,102 | $177,667 | $56,435 |
| 2014 | $3,146 | $229,517 | $174,187 | $55,330 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/18/2025 11/18/25 | Price Changed | $820,000 | -6.8% | $282 / Sq Ft | |
| 08/07/2025 08/07/25 | For Sale | $880,000 | +35.4% | $302 / Sq Ft | |
| 12/27/2018 12/27/18 | Sold | $650,000 | -9.7% | $223 / Sq Ft | View Prior Sale |
| 11/11/2018 11/11/18 | Pending | -- | -- | -- | |
| 07/19/2018 07/19/18 | For Sale | $719,500 | -- | $247 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $650,000 | Wfg Title Company | |
| Grant Deed | -- | Ticor Title Of Nevada Inc | |
| Grant Deed | $255,000 | Lsi Title Company Ca | |
| Trustee Deed | $229,355 | Accommodation | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Gift Deed | -- | Chicago Title Co | |
| Interfamily Deed Transfer | -- | Chicago Title | |
| Gift Deed | -- | Chicago Title Co | |
| Joint Tenancy Deed | $172,000 | First American |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $337,000 | New Conventional | |
| Previous Owner | $1,590,000 | Purchase Money Mortgage | |
| Previous Owner | $173,000 | No Value Available | |
| Previous Owner | $167,894 | FHA |
Source: The MLS
MLS Number: 25572337
APN: 5108-005-017
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.
© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
- 4129 Avalon Blvd
- 4355 Avalon Blvd
- 4416 Crocker St
- 456 E 43rd Place
- 401 E 46th St
- 415 E Vernon Ave
- 405 E 43rd Place
- 4607 Wadsworth Ave
- 4618 Wall St
- 940 E 49th St
- 811 E 43rd Place
- 915 E 50th St
- 4421 Wall St
- 721 E 42nd Place
- 146 E 45th St
- 5123 S San Pedro St
- 4305 San Pedro Place
- 857 E 52nd Place
- 4625 S Central Ave
- 4230 Wall St
- 4417 Avalon Blvd Unit 2
- 865 E 49th St
- 4444 S San Pedro St
- 252 E 47th St
- 337 E 49th St Unit 337
- 222 E Vernon Ave Unit 3/4
- 222 E Vernon Ave Unit 1/4
- 4909 1/2 S Central Ave
- 227 E 52nd St Unit 7
- 117 E 45th St
- 4345 Woodlawn Ave
- 433 E 41st Place Unit 433
- 4226 Wall St Unit 4226
- 9605 S Avalon Blvd
- 203 E 53rd St Unit 3
- 1185 E Vernon Ave
- 718 E 40th Place
- 750 E 40th Place
- 238 W 46th St
- 1314 E 48th St