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$777,000
Listing Price4beds
3baths
2,473sqft
6,117sqft lot
488 E 47th St, Los Angeles, CA 90011
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
488-492 E. 47th St offers an excellent opportunity to purchase a triplex investment in South Los Angeles minutes to Downtown Los Angeles, University of Southern California, etc. Easy access to the 110 and 10 Freeways. Property features two buildings Front building has 2 Units - 2Bd/1Ba Unit & Single/1 Ba Unit (Yr blt 1904); Rear Building is a SFR - 2Bd/1Ba (Yr blt 1922). Investment has strong in-place income and additional upside. Buyer to rely on their own due diligence and investigation. Property is fully occupied - Do not disturb Tenants.
Interior Details
2473
4
3
Has Heating:
Yes
Heating Type:
Yes
Has Cooling:
Yes
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
6117
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Triplex
N/A
N/A
N/A
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$5,449
$238,134
$200,249
--%
$438,383
2019
$5,449
$233,465
$196,323
--%
$429,788
2018
$5,367
$228,888
$192,474
--%
$421,362
2017
$5,252
$224,400
$188,700
--%
$413,100
2016
$5,113
$220,000
$185,000
--%
$405,000
2014
$2,992
$125,369
$101,757
--%
$227,126
2013
$2,992
$124,803
$101,298
--%
$226,101
2012
$3,033
$122,356
$99,312
--%
$221,668
Average Home Price in 90011
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In August 2024, LA’s pre-foreclosures plummeted 50% from July and 60% from last year, suggesting better economic conditions or successful homeowner interventions. Similar trends in San Jose, while SF and SD remain stable. Sacramento shows significant improvement. LA’s efforts stand out. #HousingMarket #LosAngeles





