2 months on rocket

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

$5,790,000

21 Bedrooms
19 Baths
11,954 SqFt
$484/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ParkingNone
Year Built1927
HeatingWall Furnace
CoolingNone
MLS #24352341
Lot Size0.35 Acres
StatusActive

About 526 W 47th St

MAJOR PRICE REDUCTION- PRICE REDUCED BY $200K. WELL-MAINTAINED 19-UNITS SITTING ON A HUGE DOUBLE LOT, APPROX. 15,464 SQ. FT. COMPLETE ADDRESS: 526-534 W. 47Th ST., LA 90037. CONSISTS OF TWO ADJACENT PARCELS # 5018-027-15 & # 50-18-027-16. MINUTES SOUTH OF USC, CLOSE TO SHOPS AND RESTAURANTS. GREAT LOCATION WITH HUGE DEVELOPMENT POTENTIALS. POSSIBILITY TO BUILD AFFORDABLE / LOW INCOME UNITS; (BUYER TO VERIFY). TREMENDOUS UPSIDE POTENTIAL ONCE UNITS ARE TURNED. CLOSE TO 110-FREEWAY, SHOPS & PUBLIC TRANSITS. DRIVE BY ONLY, PLEASE DO NOT CONTACT TENANTS. CALL / TEXT LISTING AGENT FOR MORE DETAILS.

Property Details

Property Features

Property Information:

  • Year Built: 1927
  • Stories: 0
  • Living Area: 11,954 SqFt

Listing Office:

  • Office Name: Keller Williams Realty Westside
  • Office Phone: (310) 482-2500
  • Listing Agent: Albert Aftalion

Interior Features

Interior Information:

  • Appliances: Disposal

Bedroom and Bathroom Information:

  • Total Bedroom Count: 21

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.35 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

School Info

Assigned Schools Information:

  • Manual Arts Senior High School, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • John Muir Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Point Fermin Elementary School, Public Magnet Grades KG-5
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: South of Vernon Ave. / West of Figueroa St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,790,000
  • Price Per SqFt: $484/SqFt

Tax Information:

  • Annual Amount: $16,615
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

526 W 47th St vs Los Angeles

80 DAYS ON ROCKET

+46 Days

$5,790,000

+$4.8M More

$484/SqFt

-$144 Less

KEY TAKEAWAY

This property is $4.8M more than the Median Sold Price and $144/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: #24352341

Listing Office:

  • Office Name: Keller Williams Realty Westside
  • Office Phone: (310) 482-2500
  • Listing Agent: Albert Aftalion

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: 4/28/2024, 8:25:19 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

Aug 11, 2017Home Sold
$2,500,000
Mar 07, 2016Home Sold
$1,995,000
Aug 10, 2015Home Sold
$1,650,000

Tax History

YEARPROP. TAXASSESSMENT
2021$16,615$1,317,572
2020$16,139$1,300,500
2019$15,989$1,275,000
2018$12,494$1,250,000
2017$12,494$963,900

History based on county public records data.

Payment Calculator

$28.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$17.4K

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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-2580302
8
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 6.80 miles

  • Public Magnet Grades KG-6

school-card-donut-2580303
6
/10
  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 19.78 miles

  • Public Magnet Grades KG-5

school-card-donut-2580304
9
/10
  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 24.33 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-2580305
2
/10
  • John Muir Middle School

  • 5929 S Vermont Ave

  • 1.08 miles

  • Public Magnet Grades 6-8

school-card-donut-2580306
4
/10
  • Studio

  • 2211 W Avenue 30

  • 7.68 miles

  • Public District Grades 6-8

High School

school-card-donut-2580307
2
/10
  • Manual Arts Senior High School

  • 4131 S Vermont Ave

  • 0.79 miles

  • Public Magnet Grades 9-12

school-card-donut-2580308
8
/10
  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 4.83 miles

  • Public Magnet Grades 9-12

school-card-donut-2580309
8
/10
  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 18.17 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,706. The majority of Los Angeles, CA residents have income less than $35k annually. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 526 W 47th St

What is the listing price of this property?

The listing price of 526 W 47th St property is $5,790,000.

What type of property is this?

The property 526 W 47th St is a house located in Los Angeles, California, 90037.

Is this property for sale now?

Active Listing: 526 W 47th St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 526 W 47th St are:
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Point Fermin Elementary School: GreatSchools Rating 6/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
John Muir Middle School: GreatSchools Rating 2/10
Studio: GreatSchools Rating 4/10
Manual Arts Senior High School: GreatSchools Rating 2/10
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 $16,615 (source: MLS/based on county public records data).

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

The last sale was on August 11, 2017 for $2,500,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 526 W 47th St has 21 bedrooms and 19 bathrooms.

What is the square footage of this property?

The property 526 W 47th St is 11,954 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 526 W 47th St is 1927.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles90037526 W 47th St

This home is located at 526 W 47th St in Los Angeles, CA and zip code 90037 in the South LA neighborhood. This 11,954 square foot home, which was built in 1927, sits on a 0.35 acre lot. Features: 21 bedrooms, 19 bathrooms. It has been listed on Rocket Homes since February 08, 2024 and is currently priced at $5,790,000.

Over 628 listings were sold over their listed price in March 2024 in Los Angeles, CA. In the same period over 579 listings were sold below the listed price and 196 listings were sold for the listed price. The number of homes for sale in Los Angeles, CA increased by 10.8% between February 2024 and March 2024. In March 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $975,970.

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

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