NOT LISTED FOR SALE

Estimated Value: $795,000 - $836,019

6 Beds
2 Baths
2,196 Sq Ft
$371/Sq Ft Est. Value

Last Sold April 29, 2015

Last sale price $397,000 $181 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $4,755/month

79 Days on Market

Highlights

  • City Lights View
  • Contemporary Architecture
  • Granite Countertops
  • Open Floorplan
  • Wood Flooring
  • Cooling System Mounted To A Wall/Window

About This Home

As of April 2015

This home is located at 883 E 47th St, Los Angeles, CA 90011 since 27 January 2015 and is currently estimated at $815,505, approximately $371 per square foot. This property was built in 1902. 883 E 47th St is a home located in Los Angeles County with nearby schools including Sally Ride Elementary: A Smart Academy, George Washington Carver Middle School, and Nava College Preparatory Academy.

Last Agent to Sell the Property

Araceli Reyes

Tower Agency License #01484848 Listed on: 01/27/2015

Tower Agency

Last Buyer's Agent

TERESA MORENO

1-2-3 Homekeys License #00954651

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1902

Lot Details

  • 5,507 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall
  • Back and Front Yard

Parking

  • 4 Parking Spaces

Home Design

  • Contemporary Architecture
  • Property Attached
  • Fire Rated Drywall
  • Shingle Roof

Interior Spaces

  • 2,196 Sq Ft Home
  • Open Floorplan
  • Panel Doors
  • Entryway
  • Family Room
  • Living Room
  • City Lights Views
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Sewer Assessments

Additional Features

  • Accessible Parking
  • Outdoor Grill

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 5108024019

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Insurance Expense $700
  • Trash Expense $960
  • Water Sewer Expense $600
  • New Taxes Expense $3,594
  • Gross Income $2,600
  • Net Operating Income $32,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • View: Yes
  • Water Sewer Expenses: 600.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 5108024019
  • Year Built: 1902
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Granite Counters, Open Floorplan
  • Common Walls: 1 Common Wall
  • Flooring: Tile, Wood
  • Accessibility Features: Parking
  • Door Features: Panel Doors
  • Price Per Square Foot: 180.78
  • Room Type: Entry, Family Room, Living Room, Master Bedroom

Exterior Features

  • Exterior Features: Barbecue Private
  • View: City Lights
  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Drywall Walls

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Natural Gas Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Sewer Assessments
  • Trash Expense: 960.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 5507.00
  • Lot Size Acres: 0.1260

Multi Family

  • Electric Expense: 1200.00
  • Gross Income: 2600.00
  • Gross Scheduled Income: 2600.00
  • Insurance Expense: 700.00
  • Lot Size Area: 5507.0000 Square Feet
  • Net Operating Income: 32400.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 3880.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 3594.00
  • Tax Lot: 8
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2015
Sold by
Alvarez Miguel A
Bought by
Alvarez Miguel A and Alvarez Romana
Current Estimated Value
$815,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,750
Interest Rate
3.73%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 30, 2012
Sold by
Pan Partnership Inc
Bought by
Menjivar Hugo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,180
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
May 23, 2011
Sold by
Uitz Martin M
Bought by
Pan Partnership Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,699
Interest Rate
4.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 11, 2006
Sold by
Uitz Martin M
Bought by
Uitz Martin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,500
Interest Rate
10.5%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 21, 2005
Sold by
Uitz Martin M
Bought by
Uitz Martin M and Uitz Jose R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
5.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2005
Sold by
Cardenas Jose Cisneros
Bought by
Uitz Jose R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
5.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2005
Sold by
Uitz Jose R
Bought by
Cardenas Jose Cisneros

Purchase Details

Closed on
Dec 14, 2004
Sold by
Uitz Martin M
Bought by
Uitz Jose R

Purchase Details

Closed on
Jun 25, 2001
Sold by
Uitz Martin M
Bought by
Uitz Martin M and Uitz Jose R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,462
Interest Rate
7.14%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 23, 1999
Sold by
Olmos Maria G
Bought by
Uitz Martin M and Uitz Jose R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,389
Interest Rate
6.86%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 28, 1998
Sold by
Aames Capital Corp
Bought by
Olmos Maria G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,100
Interest Rate
6.95%

Purchase Details

Closed on
Feb 24, 1998
Sold by
Atkins Norman
Bought by
Aames Capital Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Alvarez Miguel A $397,000 Lawyers Title
Menjivar Hugo $269,000 Investors Title
Pan Partnership Inc $182,001 Usa National Title Company
Uitz Martin M -- New Century Title
Uitz Martin M -- --
Uitz Martin M -- --
Uitz Jose R -- --
Cardenas Jose Cisneros -- --
Uitz Jose R -- --
Uitz Martin M -- Orange Coast Title
Uitz Jose R -- Orange Coast Title
Uitz Martin M $197,000 First American Title Co
Olmos Maria G $91,500 Orange Coast Title
Olmos Maria G -- Orange Coast Title
Aames Capital Corp $77,812 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alvarez Miguel A $383,750
Previous Owner Menjivar Hugo $262,180
Previous Owner Pan Partnership Inc $188,699
Previous Owner Uitz Martin M $325,500
Previous Owner Uitz Martin M $255,000
Previous Owner Uitz Martin M $197,462
Previous Owner Uitz Martin M $195,389
Previous Owner Olmos Maria G $104,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2015 04/29/15 Sold $397,000 +1.8% $181 / Sq Ft
04/16/2015 04/16/15 Pending -- -- --
01/27/2015 01/27/15 For Sale $389,900 -- $178 / 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 $5,944 $477,122 $330,502 $146,620
2024 $5,944 $467,768 $324,022 $143,746
2023 $5,833 $458,597 $317,669 $140,928
2022 $5,566 $449,606 $311,441 $138,165
2021 $5,489 $440,791 $305,335 $135,456
2019 $5,328 $427,720 $296,280 $131,440
2018 $5,271 $419,334 $290,471 $128,863
2016 $5,023 $403,053 $279,193 $123,860
2015 $3,571 $281,131 $143,387 $137,744
2014 -- $275,625 $140,579 $135,046
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV15018389

California Regional Multiple Listing Service (CRMLS)

APN: 5108-024-019