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488 E 47th St, Los Angeles, CA 90011
$785,000
488 E 47th St, Los Angeles, CA 90011View this property at 488 E 47th St, Los Angeles, CA 90011
488 E 47th StLos AngelesCA90011
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Property Description
This is an excellent opportunity to purchase a triplex located in the high rental demand area, just south of Downtown Los Angeles. The location is minutes to Downtown Los Angeles, Staples Center/South Park, USC, Exposition Park, etc. Great opportunity for investment or owner-occupied property.
Full Property Details
Full Property Details for 488 E 47th St
General
- Price: $785,000
- Status: Active
- Type: Multi-Family
- MLS ID: 24-393477
- Updated: 5/17/2024
- Added to Site: 15 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Additional Information
- Other Features: None
Parking
- Garage Description: Driveway
Location
- Area: Downtown L.A.
- County: Los Angeles
- Cross Streets: West of Avalon Blvd.
- Driving Directions: West of Avalon Blvd.
Heating & Cooling
- Cooling Type: None
- Heating Type: None
Structural Information
- # Buildings: 2
- Stories/Levels: 0
- Square Feet: 2,473
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1922
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 3
- Unit Type: 2106, 2107
Unit 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Total Bathrooms: 1
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1404
- Lot Size: 6117
- Lot Size Source: Vendor Enhanced
- Zoning: LAR2
Financial Considerations
- Price Per Sq. Ft.: $317.43
- Assessment Year: 1922
Disclosures and Reports
- Disclosures/Reports: None
- APN: 5109-019-021
Listed by Andrew C. Lee, Moussa Mehdizadeh
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Schools
Schools serving 488 E 47th St
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
750 E 49th St, Los Angeles, CA 90011 | K-5 | 0.3 mi | |
4410 McKinley Ave, Los Angeles, CA 90011 | 6-8 | 0.4 mi | |
1319 E 41st St, Los Angeles, CA 90011 | 9-12 | 1.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 488 E 47th St
Date
Details
Price
Change
Source
5/17/2024
Listed
$785,000
93.83%
MLS
5/08/2015
Sold
$405,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 488 E 47th St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,959
5%
$460,817
2%
2022
$5,691
1%
$451,782
2%
2021
$5,612
-1%
$442,924
1%
2020
$5,663
4%
$438,383
2%
2019
$5,449
2%
$429,788
2%
2018
$5,367
2%
$421,362
2%
2017
$5,252
3%
$413,100
2%
2016
$5,114
72%
$405,000
75%
2015
$2,965
-1%
$231,663
2%
2014
$2,992
—
$227,126
—
2013
$2,992
—
$226,101
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 488 E 47th St
488 E 47th St, Los Angeles, CA 90011 (MLS# 24-393477) is a Multi-Family property with units containing 5 bedrooms and 0 full bathrooms. 488 E 47th St is currently listed for $785,000 and was received on May 17, 2024. Want to learn more about 488 E 47th St? Do you have questions about finding other Multi-Family real estate for sale in Downtown L.A.? You can browse all Downtown L.A. real estate or contact a Coldwell Banker agent to request more information.