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$600,000 New For Sale

783 E 47th Street
Los Angeles, CA 90011

2 units | Multi Family Home
6704 sq ft - MLS# DW18148553
Property Photo
1/29

Description

LOCATION AND CASH FLOW!!! This Duplex is low maintenance and is 100% completely remodeled and vacant. Property consist of 2 separate houses that sit on a large LAR2 lot. Front house has been fully remodeled, vacant and in move in condition, features 4 bedrooms and 2 full bathroom, with open floor plan and a laundry closet inside. Rear house features 2 bedrooms and 1 full bathroom, open floor plan, fully upgraded and vacant. Both units have a brand new roof, electrical and plumbing. Large common backyard between both houses that is fully paved and very large side yard, perfect for entertaining. Landscaped front yard with sprinkler system. Both units are separately metered for gas & power. Wide long paved driveway for 8+ cars, property is fully gated. Centrally located from schools, public transit, shopping areas, Fwy 110 and 10. Only 8 Minutes to downtown Los Angeles, USC and much more. Definitely a great buy and hold or owner to live in property.

Features

  • # of Parking Spaces: 10.00
  • Accessibility: No Interior Steps
  • Appliances: Range/Stove Hood
  • Appliances YN: Yes
  • Area: C23 - Metropolitan
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 1550.00
  • Building Area Units: Square Feet
  • Co-Listing Agent License: 01707197
  • Co-Listing Office License: 01975669
  • Community Features: Curbs, Sidewalks, Street Lighting
  • Construction Materials: Drywall Walls, Stucco
  • Country: US
  • Directions: Between Avalon Blvd and McKinley Ave, on 47th St
  • Electric: Standard
  • Electric Expense: 40.00
  • Fence YN: Yes
  • Fencing: Wood, Wrought Iron
  • Flooring: Tile, Wood
  • Foundation Details: Concrete Perimeter, Raised
  • Fuel Expense: 30.00
  • Gardener Expense: 40.00
  • Gross Income: 3800.00
  • Gross Scheduled Income: 3800.00
  • Heating: Wall Heater
  • Heating YN: Yes
  • Insurance Expense: 50.00
  • Interior Features: Ceiling Fan, Copper Plumbing Full, Crown Moldings, Open Floor Plan, Recessed Lighting
  • Laundry Features: In Closet
  • Laundry YN: Yes
  • Listing Agent License: 01709871
  • Listing Office License: 01975669
  • Listing Status: Active
  • Lot Features: Back Yard, Front Yard, Landscaped, Lawn, Lot 6500-9999, Near Public Transit, Paved, Sprinklers In Fr
  • Lot Size: 0.1539
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Net Operating Income: 3500.00
  • New Taxes Expense: 75609.00
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Operating Expense: 300.00
  • Other Structures: Two On A Lot
  • Parking Spaces: 10.00
  • Property Condition: Updated/Remodeled
  • Property Type: Multi Family Home
  • Rent Control YN: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Roof: Composition, Shingle
  • Room Type: All Bedrooms Down, Kitchen, Living Room
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector
  • Stories: One
  • Style: Contemporary,Modern
  • Sub Type: Multi Family Home
  • Total Expenses: 78430.00
  • Trash Expense: 20.00
  • Uncovered Spaces: 10.00
  • Units: 2
  • Utilities: Cable Available, Phone Available, Sewer Connected, Water Connected
  • Water Sewer Expense: 100.00
  • Water Source: Public
  • Window Features: Double Pane Windows, Low Emissivity Windows
  • Year Built: 1919
  • Year Built Source: Assessor
  • Zip Code: 90011
  • Zoning: LAR2
  • View: Neighborhood, Yes

Helped over 400 families create affordable living through income wealth and hundreds more with home ownership. For over 15 years The RP Group has listed and sold desirable move-in ready homes in the greater Los Angeles County area.

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