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

$1,999,999

Home List Price

$10,000*

Closing Credit

11 Bedrooms
8 Baths
4,429 SqFt
$452/SqFt
House

Location

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605 W 47th St, Los Angeles$1,999,999

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingAttached Carport, Door-Single, Garage, Gated, Private
Attached GarageYes
Year Built1924
HeatingWall Furnace
FireplaceNone
ViewNone
MLS #24462989
Lot Size0.19 Acres
StatusActive

About 605 W 47th St

Discover a lucrative investment opportunity with this four-unit property, featuring market-rate rents and an appealing mix of classic and modern design. Behind the gates, you'll find a beautifully renovated Spanish-style duplex in front and a newly constructed, modern duplex in the rear. All units are in excellent condition, with upgrades that make them highly desirable for tenants. This property offers (2) 2-bedroom, 2-bath units, (1) 4-bedroom, 2-bath unit, and (1) 3-bedroom, 2-bath unit. Each residence boasts an open floor plan with spacious kitchens and islands perfect for comfortable, modern living. Tenants will also benefit from ample parking options, including garages, carports, and open spaces, ensuring convenience and ease. This property is located centrally and provides easy access to public transportation, major freeways, USC University, Banc of California Stadium, Crypto.com Arena, and the vibrant Downtown Los Angeles scene. It's a prime opportunity for investors seeking steady cash flow and appreciation potential in a high-demand area. Take advantage of this exceptional investment. Contact us today to learn more and secure your stake in this highly sought-after property!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1924
  • Stories: 2
  • Living Area: 4,429 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (323) 464-9272
  • Listing Agent: Walter Castillo

Interior Features

Interior Information:

  • Flooring Type: Laminate
  • Fireplace: None

Bedroom and Bathroom Information:

  • Total Bedroom Count: 11

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached Carport, Door-Single, Garage, Gated, Private

Lot Features

Lot Information:

  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace

Other

Directions Information:

  • Directions: West of Figueroa on 47th Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,999,999
  • Price Per SqFt: $452/SqFt
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Housing Market Comparison

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

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

605 W 47th St vs Los Angeles

1 DAY ON ROCKET

-37 Days

$1,999,999

+$976.5K More

$452/SqFt

-$189 Less

KEY TAKEAWAY

This property is $976.5K more than the Median Sold Price and $189/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: #24462989

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (323) 464-9272
  • Listing Agent: Walter Castillo

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: 11/14/2024, 5:21:10 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$10K

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,063

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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.

Nearby Schools

school-card-donut-285142
3
/10
  • Marguerite Poindexter LaMotte Elementary School

  • 4410 Orchard Ave

  • 0.28 miles

  • Public District Grades KG-5

school-card-donut-285143
5
/10
  • West Vernon Avenue Elementary

  • 4312 S Grand Ave

  • 0.37 miles

  • Public District Grades KG-5

school-card-donut-285144
3
/10
  • 52nd Street Elementary School

  • 816 W 51st St

  • 0.38 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

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

All data provided by Home Junction and Claritas

Frequently Asked Questions About 605 W 47th St

What is the listing price of this property?

The listing price of 605 W 47th St property is $1,999,999.

What type of property is this?

The property 605 W 47th St is a house located in Los Angeles, California, 90037.

Is this property for sale now?

Active Listing: 605 W 47th St is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 605 W 47th St has 11 bedrooms and 8 bathrooms.

What is the square footage of this property?

The property 605 W 47th St is 4,429 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 605 W 47th St is 1924.

Rocket HomesCaliforniaLos Angeles CountyLos Angeles90037605 W 47th St

This home is located at 605 W 47th St in Los Angeles, CA and zip code 90037 in the South LA neighborhood. This 4,429 square foot home, which was built in 1924, sits on a 0.19 acre lot. Features: 11 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since November 13, 2024 and is currently priced at $1,999,999.

In October 2024, from all listings sold in Los Angeles, CA there were more than 598 sold above asking price, over 753 sold below and more than 191 were sold right at the asked price. In October 2024 in Los Angeles, CA there were 11.2% more homes for sale than in September 2024. In October 2024 median list price was $1,023,474 and the average listing age was 38 days.

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

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