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Sold for $595,000 Sold

783 E 47th Street
Los Angeles, CA 90011

2 units | Multi Family Home
6704 sq ft lot - MLS# DW18148553
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Sold for $595,000 on Aug 21, 2018


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.


  • # of Parking Spaces: 10.00
  • Accessibility: No Interior Steps
  • Appliances: Range 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 Lights
  • 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 Furnace
  • Heating YN: Yes
  • Insurance Expense: 50.00
  • Interior Features: Ceiling Fan(s), Copper Plumbing Full, Crown Molding, Open Floorplan, Recessed Lighting
  • Laundry Features: In Closet
  • Laundry YN: Yes
  • Listing Agent License: 01709871
  • Listing Office License: 01975669
  • Listing Status: Closed
  • 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(s)
  • Selling Agent: Jaime Bermeo
  • Selling Agent License: 01315740
  • Selling Office: Realty One Group Diamond
  • Selling Office License: 02030113
  • Sewer: Public Sewer
  • Sold Date: 2018-08-21
  • Sold Price: 595000.00
  • 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, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Wat
  • 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 500 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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Excellence Real Estate

Ray Penado
CalBRE # 01709871
10220 Old River School Rd
Downey, CA 90241
U.S. Navy Veteran
(562) 569-8488

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