NOT LISTED FOR SALE

717 E 47th St Los Angeles, CA 90011

South Park Neighborhood

Estimated Value: $614,000 - $820,000

4 Beds
2 Baths
867 Sq Ft
$859/Sq Ft Est. Value

Last Sold June 24, 2016

Last sale price $410,000 $473 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $4,552/month

14 Days on Market

About This Home

As of June 2016

Great investment/income opportunity or the perfect home for large families! This duplex positioned in a popular rental location is a great opportunity for the savvy investor with each of the two units consisting of two bedrooms and one bathroom. New interior and exterior paint, new flooring throughout both units and new appliances. Centrally located close to many shopping and dining options including the Los Amigos Mall, Santee Alley famed flee market, McKay's American Eatery and Pasta Roma are all a short drive away. Nearby schools include The Accelerated School (kindergarten), Wadsworth Ave Elementary, and Thomas Jefferson High School. Certainly there is plenty of potential for smart investors.

Last Agent to Sell the Property

Benedict Garcia

Success With Integrity Realty License #01778004 Listed on: 04/19/2016

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,996

Year Built

  • Built in 1905

Lot Details

  • 6,743

Home Design

  • Duplex

Interior Spaces

  • 867 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven or Range
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway

Additional Features

  • 6,743 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5108-005-026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,996

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 867
  • Stories: 1
  • Year Built: 1905
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Garbage Disposal, Range/Oven, Trash Compactor
  • Price Per S Q F T: 483.85

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 4

Utilities

  • Heating: Wall Gas

Lot Info

  • Assessed Improvement Value: 128000
  • Assessed Land Value: 190000
  • Assessor Parcel Number: 5108-005-026
  • Geocode Override: No
  • Lot Size Area: 6743

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 00
  • Type Of Units: Duplex
  • Vacancy Rate: 100%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2016
Closed on
Jun 20, 2016
Sold by
Fannie Mae
Bought by
Hernandez Mayra and Hernandez Oldin E Mejia
Seller's Agent
Benedict Garcia
Success With Integrity Realty
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$419,500
Sold Price
$410,000
Premium/Discount to List
-$9,500
-2.26%
Current Estimated Value
$745,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,132
Avg. Annual Appreciation
6.20%
Original Mortgage
$402,573
Outstanding Balance
$322,136
Interest Rate
3.57%
Mortgage Type
FHA
Estimated Equity
$390,799

Purchase Details

Listed on
Apr 19, 2016
Closed on
Jun 10, 2016
Sold by
Orellana Jose Serrano
Bought by
Hernandez Mayra
Seller's Agent
Benedict Garcia
Success With Integrity Realty
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$419,500
Sold Price
$410,000
Premium/Discount to List
-$9,500
-2.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,573
Outstanding Balance
$322,136
Interest Rate
3.57%
Mortgage Type
FHA
Estimated Equity
$390,799

Purchase Details

Closed on
Jul 10, 2014
Sold by
Holman Louis C and Holman Sheryl
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 29, 2009
Sold by
Holman Louis C and Holman Sheryl
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 26, 2006
Sold by
Holman Louis C and Holman Louis C
Bought by
Holman Louis C and Holman Sheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,000
Interest Rate
7.62%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 16, 2005
Sold by
Holman Sheryl L
Bought by
Holman Louis C and Holman Louis C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
9.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 1998
Sold by
Fortman Johnie M
Bought by
Holman Louis C and Holman Sheryl L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
10.75%

Purchase Details

Closed on
Dec 5, 1995
Sold by
Fortman Johnnie Mae
Bought by
Fortman Johnnie Mae and Holman Louis C
Source: Public Records

Range of Values:

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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
Hernandez Mayra $410,000 Lawyers Title Ie
Hernandez Mayra -- Lawyers Title
Federal National Mortgage Association $416,830 None Available
Federal National Mortgage Association $381,239 Landsafe Title
Holman Louis C -- Orange Coast Title
Holman Louis C -- Orange Coast Title
Holman Louis C -- Orange Coast Title
Fortman Johnnie Mae -- First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Mayra $12,630
Open Hernandez Mayra $402,573
Closed Hernandez Mayra $402,573
Previous Owner Holman Louis C $360,000
Previous Owner Holman Louis C $289,000
Previous Owner Holman Louis C $262,500
Previous Owner Holman Louis C $208,250
Previous Owner Holman Louis C $144,000
Previous Owner Holman Louise C $13,895
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2016 06/24/16 Sold $410,000 -2.3% $473 / Sq Ft
05/03/2016 05/03/16 Pending -- -- --
04/19/2016 04/19/16 For Sale $419,500 -- $484 / Sq Ft
Source: The MLS

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 $5,996 $485,348 $314,886 $170,462
2024 $5,996 $475,832 $308,712 $167,120
2023 $5,882 $466,503 $302,659 $163,844
2022 $5,614 $457,357 $296,725 $160,632
2021 $5,541 $448,390 $290,907 $157,483
2020 $5,593 $443,794 $287,925 $155,869
2019 $5,378 $435,093 $282,280 $152,813
2018 $5,255 $426,563 $276,746 $149,817
2016 $4,059 $322,849 $192,897 $129,952
2015 $4,002 $318,000 $190,000 $128,000
2014 $2,721 $204,609 $115,093 $89,516
Source: Public Records

Agents Affiliated with this Home

  • Benedict Garcia

    Seller's Agent in 2016

    Benedict Garcia

    Success With Integrity Realty

    (310) 531-4207

    4 Total Sales

    Benedict Garcia
    Section Image

  • S

    Buyer's Agent in 2016

    Subscriber Non

    Non-Participant Office

See All Agents

Map

Source: The MLS

MLS Number: 16-116884

The MLS

APN: 5108-005-026

California Los Angeles County Los Angeles 90011 South Park

717 E 47th St, Los Angeles, CA

This home is located at 717 E 47th St, Los Angeles, CA 90011 since 19 April 2016 and is currently estimated at $745,132, approximately $859 per square foot. This property was built in 1905. 717 E 47th St is a home located in Los Angeles County with nearby schools including Forty-Ninth Street Elementary School, George Washington Carver Middle School, and Thomas Jefferson Senior High School.

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The MLS © 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.
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