10 days on rocket

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

$780,000

Home List Price

$9,263*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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227 W 47th St, Los Angeles$780,000

Buyer Closing Credits

$9,263*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Garage2 spaces
Year Built1909
MLS #CV24083313
Lot Size0.18 Acres
StatusActive

About 227 W 47th St

This fantastic duplex near downtown LA, BMO Stadium, and the Coliseum. This property presents an excellent opportunity, whether you're a first-time buyer or seasoned investor looking to expand your portfolio. Prime Location: Situated near downtown LA, BMO Stadium, and the Coliseum, this duplex offers convenience and accessibility to major freeways and amenities. 2 car garage detached great for ADU conversion With two units available front house is 4 bed and 2 bath and rear is 2 bed 1 bath, you have the flexibility to live in one unit and rent out the other, optimizing your investment potential. While the property may need some tender loving care (TLC), it presents an incredible opportunity to add value and customize according to your preferences.

Property Details

Property Features

Property Information:

  • Year Built: 1909
  • Stories: 1

Listing Office:

  • Office Name: Alex Avilez, Broker
  • Office Phone: (626) 290-6900
  • Listing Agent: Alex Avilez

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

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: Broadway head east on 47th look for address

Price Information

Listing Price Info

Price Summary:

  • List Price: $780,000

Tax Information:

  • Annual Amount: $7,459
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

227 W 47th St vs Los Angeles

10 DAYS ON ROCKET

-24 Days

$780,000

-$206.4K Less

KEY TAKEAWAY

This property is $206.4K less than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #CV24083313

Listing Office:

  • Office Name: Alex Avilez, Broker
  • Office Phone: (626) 290-6900
  • Listing Agent: Alex Avilez

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: 5/6/2024, 2:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 03, 2005Home Sold
$475,000
Mar 15, 2001Home Sold
$215,000
Oct 25, 2000Home Sold
$164,000
Dec 10, 1996Home Sold
$185,000
Jul 09, 1996Home Sold
$110,000

Tax History

YEARPROP. TAXASSESSMENT
2021$7,459$599,679
2020$7,241$593,531
2019$7,097$581,894
2018$6,943$570,485
2017$6,943$559,300

History based on county public records data.

Payment Calculator

$3,960

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,405

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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-6965236
5
/10
  • West Vernon Avenue Elementary School

  • 4312 S Grand Ave

  • 0.28 miles

  • Public District Grades KG-5

school-card-donut-6965237
8
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 6.94 miles

  • Public Magnet Grades KG-6

school-card-donut-6965238
6
/10
  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 19.85 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-6965239
4
/10
  • William Jefferson Clinton Middle School

  • 3500 S Hill St

  • 1.12 miles

  • Public District Grades 6-8

school-card-donut-6965240
4
/10
  • Studio

  • 2211 W Avenue 30

  • 7.50 miles

  • Public District Grades 6-8

High School

school-card-donut-6965241
8
/10
  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 4.50 miles

  • Public Magnet Grades 9-12

school-card-donut-6965242
8
/10
  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 18.37 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,347. Typical income of Los Angeles, CA residents is less than $35k annually. The majority of families are single, with kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesCaliforniaLos Angeles CountyLos Angeles90037227 W 47th St

This home is located at 227 W 47th St in Los Angeles, CA and zip code 90037 in the South LA neighborhood. This home, which was built in 1909, sits on a 0.18 acre lot. It has been listed on Rocket Homes since April 26, 2024 and is currently priced at $780,000.

Los Angeles, CA housing market in April 2024 saw over 701 listings sold above listed price, more than 204 sold at listed price and over 629 sold below. The number of homes for sale in Los Angeles, CA increased by 14.9% between March 2024 and April 2024. In April 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $986,427.

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

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