NOT LISTED FOR SALE

737 E 47th St Los Angeles, CA 90011

South Park Neighborhood

Estimated Value: $780,000 - $857,000

5 Beds
3 Baths
1,724 Sq Ft
$474/Sq Ft Est. Value

Last Sold May 08, 2020

Last sale price $420,000 $244 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $5,112/month

138 Days on Market

About This Home

As of May 2020

Legally 3 units, however, units are being used as 2 units. Perfect property for an investor looking for a flip or owner-occupied, live in one and rent the other two. The front unit is a separate home with three bedrooms, one bath. The second and third units are being used as a one-two bedroom 2 bath home. Very easy to convert back to a one-bedroom and a single.

Last Agent to Sell the Property

Juan Sanchez Jr

Century 21 Allstars License #01213825 Listed on: 10/26/2019

Century 21 Allstars

Last Buyer's Agent

Juan Sanchez Jr

Century 21 Allstars License #01213825 Listed on: 10/26/2019

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,327

Year Built

  • Built in 1905

Lot Details

  • 6,743 Sq Ft Lot
  • 1 Common Wall
  • Lawn

Home Design

  • 1,724 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces

Listing and Financial Details

  • Tax Lot 39
  • Assessor Parcel Number 5108006020

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $110
  • Insurance Expense $45
  • New Taxes Expense $448
  • Operating Expense $700
  • Gross Income $13,440
  • Net Operating Income $960

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,327

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5108006020
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 243.62

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 5.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn
  • Lot Size Sq Ft: 6743.00
  • Lot Size Acres: 0.1548

Multi Family

  • Electric Expense: 110.00
  • Gross Income: 13440.00
  • Gross Scheduled Income: 13440.00
  • Insurance Expense: 45.00
  • Lot Size Area: 6743.0000 Square Feet
  • Net Operating Income: 960.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 960.00
  • Rent Control: Yes
  • Total Expenses: 700.00

Tax Info

  • New Taxes Expense: 448.00
  • Tax Census Tract: 2286.00
  • Tax Lot: 39
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2020
Sold by
Angeleno Homes Llc
Bought by
Angeles Hilario Cruz and Cruz Family Trust
Current Estimated Value
$817,695

Purchase Details

Closed on
Mar 5, 2020
Sold by
Ortega Roberto and Cueva Maria
Bought by
Angeleno Homes Llc

Purchase Details

Closed on
Jun 10, 1994
Sold by
Ortega Roberto and Ortega Maria
Bought by
Ortega Roberto and Ortega Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,200
Interest Rate
8.56%
Source: Public Records

Range of Values:

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Average Value
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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
Angeles Hilario Cruz $700,000 Stewart Title Of Ca Inc
Angeleno Homes Llc $420,000 Stewart Title
Ortega Roberto -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ortega Roberto $116,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2020 05/08/20 Sold $420,000 -2.3% $244 / Sq Ft
03/14/2020 03/14/20 For Sale $430,000 +2.4% $249 / Sq Ft
03/12/2020 03/12/20 Pending -- -- --
02/22/2020 02/22/20 Off Market $420,000 -- --
02/22/2020 02/22/20 For Sale $430,000 +2.4% $249 / Sq Ft
02/01/2020 02/01/20 Off Market $420,000 -- --
02/01/2020 02/01/20 For Sale $430,000 +2.4% $249 / Sq Ft
12/14/2019 12/14/19 Off Market $420,000 -- --
10/26/2019 10/26/19 For Sale $430,000 -- $249 / 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 $9,327 $757,701 $416,736 $340,965
2024 $9,327 $742,845 $408,565 $334,280
2023 $9,150 $728,280 $400,554 $327,726
2022 $8,731 $714,000 $392,700 $321,300
2021 $8,623 $700,000 $385,000 $315,000
2020 $3,025 $219,321 $115,433 $103,888
2019 $2,918 $215,021 $113,170 $101,851
2018 $2,820 $210,805 $110,951 $99,854
2016 $2,684 $202,622 $106,644 $95,978
2015 $2,648 $199,580 $105,043 $94,537
2014 $2,677 $195,672 $102,986 $92,686
Source: Public Records

Agents Affiliated with this Home

  • Juan Sanchez Jr

    Seller's Agent in 2020

    Juan Sanchez Jr

    Century 21 Allstars

    (323) 816-9443

    25 Total Sales

    Juan Sanchez Jr
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19253481

California Regional Multiple Listing Service (CRMLS)

APN: 5108-006-020

California Los Angeles County Los Angeles 90011 South Park

737 E 47th St, Los Angeles, CA

This home is located at 737 E 47th St, Los Angeles, CA 90011 since 26 October 2019 and is currently estimated at $817,695, approximately $474 per square foot. This property was built in 1905. 737 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.

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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