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Backup Offers

140 W 47th St, Los Angeles, CA, 90037

$725,000

Home List Price

$8,609*

Closing Credit

5 Bedrooms
3 Baths
1,740 SqFt
$417/SqFt
House
Schools Nearby

Location

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140 W 47th St, Los Angeles$725,000

Buyer Closing Credits

$8,609*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingDriveway
Year Built1922
HeatingWall Furnace
CoolingNone
ViewNone
MLS #23341917
Lot Size0.13 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 140 W 47th St

This Triplex totaling approximately 1,740 SF on 5,648 SF LA-R2 zoned land. The Triplex consists of 2- 2 bedroom / 1 bathroom units in the front and a 1 bedroom / 1 bathroom unit in the rear. There is on-site parking in the rear in addition to ample street parking. This offering will attract an investor looking for an income producing multi-family property in a densely populated area, just south of Downtown Los Angeles. The Offering is located at the south side of W. 47th St., between Broadway & Main St. The site is approximately 1.25 miles from of Banc of California Soccer Stadium & the Los Angeles Memorial Coliseum and 1.5 miles south of the University of Southern California Campus. It is also just south of Exposition Park; which consists of the California Science Center, Natural History Museum, California African American Museum, and the future George Lucas Museum. The area has a good walking score of 79!It is easily accessible, being just east of the 110 Freeway onramp and 2 miles south of Downtown Los Angeles. The demographics in the immediate area offer over 70,000 people residing within a 1-mile radius and approx. 475,000 people residing within a 3-mile radius.

Property Details

Property Features

Property Information:

  • Year Built: 1922
  • Stories: 1
  • Living Area: 1,740 SqFt

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (310) 375-3511
  • Listing Agent: David Yashar

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

School Info

Assigned Schools Information:

  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • William Jefferson Clinton Middle School, Public District Grades 6-8
  • Studio, Public District Grades 6-8
  • West Vernon Avenue Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Point Fermin Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: Follow the I-110 Freeway towards Vernon Ave. Head East towards Broadway. Make a right on Broadway then a left on 140 W. 47th St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $725,000
  • Price Per SqFt: $417/SqFt

Tax Information:

  • Annual Amount: $5,557
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

140 W 47th St vs Los Angeles

127 DAYS ON ROCKET

+93 Days

$725,000

-$261.4K Less

$417/SqFt

-$215 Less

KEY TAKEAWAY

This property is $261.4K less than the Median Sold Price and $215/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #23341917

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (310) 375-3511
  • Listing Agent: David Yashar

IDX 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/3/2024, 8:20:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 30, 2017Home Sold
$385,000
Apr 06, 1988Home Sold
$111,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,557$444,962
2020$5,394$440,400
2019$5,294$431,766
2018$4,187$423,300
2017$4,187$338,774

History based on county public records data.

Payment Calculator

$3,686

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,240

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5217083
5
/10

  • West Vernon Avenue Elementary School

  • 4312 S Grand Ave

  • 0.36 miles

  • Public District Grades KG-5

school-card-donut-5217084
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 7.02 miles

  • Public Magnet Grades KG-6

school-card-donut-5217085
6
/10

  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 19.82 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-5217086
4
/10

  • William Jefferson Clinton Middle School

  • 3500 S Hill St

  • 1.15 miles

  • Public District Grades 6-8

school-card-donut-5217087
4
/10

  • Studio

  • 2211 W Avenue 30

  • 7.51 miles

  • Public District Grades 6-8

High School

school-card-donut-5217088
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 4.44 miles

  • Public Magnet Grades 9-12

school-card-donut-5217089
8
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 18.47 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,888. Typical income of Los Angeles, CA residents is less than $35k annually. The majority of families are married, with kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 140 W 47th St

What is the listing price of this property?

The listing price of 140 W 47th St property is $725,000.

What type of property is this?

The property 140 W 47th St is a house located in Los Angeles, California, 90037.

Is this property for sale now?

Accepting Backup Offers: 140 W 47th St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 140 W 47th St are:
West Vernon Avenue Elementary School: GreatSchools Rating 5/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Point Fermin Elementary School: GreatSchools Rating 6/10
William Jefferson Clinton Middle School: GreatSchools Rating 4/10
Studio: GreatSchools Rating 4/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,557 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 30, 2017 for $385,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 140 W 47th St has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 140 W 47th St is 1,740 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 140 W 47th St is 1922.

Rocket Homes›California›Los Angeles County›Los Angeles›90037›140 W 47th St

This home is located at 140 W 47th St in Los Angeles, CA and zip code 90037 in the South LA neighborhood. This 1,740 square foot home, which was built in 1922, sits on a 0.13 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 28, 2023 and is currently priced at $725,000.

While more than 701 listings in Los Angeles, CA in April 2024 were sold above asking price, there were more than 204 listings sold at asking price, and more than 629 were sold below. Between March 2024 and April 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 14.9%. In April 2024 median list price was $986,427 and the average listing age was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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