643 East 47th Street

Los Angeles, CA 90011

$1,300,000
Price
—
Beds
3,874 Sq. Ft.
$336 / Sq. Ft.
3,874
Sq. Ft.
$336
per Sq. Ft.

Description

This 5 unit apartment building is located in the City of Los Angeles consisting of three 2 beds/1 bath, square feet range from 790 - 820 and two units have washer and dryer hook ups. Two 1 bed/1 bath, square feet approx 440. The property is fully leased with month to month and long term tenants. The property is minutes from downtown Los Angeles via the 110 Freeway or municipal roads, the property offers reasonable access to the entirety of LA's many communities and attractions.This 5 unit apartment building is located in the City of Los Angeles consisting of three 2 beds/1 bath, square feet range from 790 - 820 and two units have washer and dryer hook ups. Two 1 bed/1 bath, square feet approx 440. The property is fully leased with month to month and long term tenants. The property is minutes from downtown Los Angeles via the 110 Freeway or municipal roads, the property offers reasonable access to the entirety of LA's many communities and attractions.
  1. Listed by Vanessa Payne • DRE #01158096 • Brokerage DRE #02211662 • Berkshire Hathaway HomeServices California Properties • 949-836-2558

Property Details for 643 East 47th Street

Parking Spaces Total
5
Total Units
5.0
Business Type
Commercial, Multi-Tenant, Rental
Lot Size Source
Assessor
Building Area Total
3874
Building Area Units
Square Feet
Stories Total
2
Entry Level
1
LISTING UPDATED: 11/19/2024 02:10 PM

Property Details for 643 East 47th Street

StatusActive
MLS #OC24235418
Days on Market32
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial Sale / Multi Family
Year Built1962
Lot Size0.15 AC / 6,746 SF
CountyLos Angeles County

Building Information for 643 East 47th Street

Stories2Residences-Year Built1962Building Size-Lot Size0.15 AC / 6,746 SF

Property Information for 643 East 47th Street

Income / Expense / Tax Details
Income Details
  • Gross Scheduled Income: $124,680
  • Net Operating Income: $116,415
  • Current Financing: Private
Expense Details
  • Operating Expense: $8,264
  • Expense Year: $2,024
  • Insurance Expense: $2,474
  • Water Sewer Expense: $3,600
  • Real Estate Tax Expense: $2,190
Community / Development
Community / Development
  • Investment Property: Yes
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: See Remarks
  • Cooling: None
  • Heating: Wall Furnace
Exterior Features
  • Security Features: Carbon Monoxide Detector(s), Closed Circuit Camera(s), Fire and Smoke Detection System, Smoke Detector(s)
  • Construction Materials: Concrete, Stucco
  • Fence: Yes
  • Fencing: Block, Chain Link
Land/Lot Info
  • Sign on Property: No
  • Lot Features: Back Yard, Front Yard, Level with Street, Lot 6500-9999
  • Land Use: Multi-Family
  • Lease Considered: No
  • Land Lease: No
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Electric: Standard
  • Water Source: Public
Property / Structure Info
  • Building Status: Existing
  • Asset Class: Multi-Family
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $2,900
  • Unit Type Area: 820
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 1
  • Unit Type Description: Lower
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $2,250
  • Unit Type Area: 440
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 2
  • Unit Type Description: Lower
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,040
  • Unit Type Area: 790
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 3
  • Unit Type Description: Lower
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $2,300
  • Unit Type Area: 790
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 4
  • Unit Type Description: Upper
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,900
  • Unit Type Area: 440
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 5
  • Unit Type Description: Upper

Property History for 643 East 47th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 643 East 47th Street

Taxable ValueLand$446,206Additions$334,654Total$780,860
Tax Record2024$10,349 ($862 / month)
Home Facts
Total Finished SqFt3,874 SqFtAbove Grade Finished SqFt3,874 SqFtLot Size6,744 SqFtStyleMulti-Family Res (5+ Units)Year Built1962ZoningLAR2CountyLOS ANGELESAPN5108-005-018

Schools near 643 East 47th Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Forty-Ninth Street Elementary School
PublicK to 5

Nava College Preparatory Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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643 East 47th Street is a multi-family home for sale in Los Angeles, CA 90011. This property was listed for sale on November 19, 2024 by Berkshire Hathaway HomeServices California Properties, it's currently listed at $1,300,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Forty-Ninth Street Elementary School, Alliance College-Ready Middle Academy No. 12 and Social Justice Schools: Fine Arts Academy At Dr. Maya Angelou Community High. 643 East 47th Street is a 0-bed, 0-bath, 3,874 sqft multi-family home built in 1962.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway HomeServices California Properties, Vanessa Payne, DRE #01158096

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.