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.
For sale
$777,000
488 E 47th St, Los Angeles, CA 90011
5beds
3baths
2,473sqft
Est.:
Multi Family
Built in 1922
-- sqft lot
$772,500 Zestimate®
$314/sqft
$-- HOA
What's special
- 66 days |
- 425 |
- 21 |
Zillow last checked: 8 hours ago
Listing updated: October 16, 2025 at 05:06pm
Listed by:
Andrew C Lee DRE # 01046440 213-500-6870,
Andrew C. Lee 213-625-1629
Source: CLAW,MLS#: 25603897
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Wall
Cooling
- None
Appliances
- Included: Disposal, Range/Oven, Refrigerator, Gas Water Heater
Interior area
- Total structure area: 2,473
- Total interior livable area: 2,473 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Entry location: Living Room
- Patio & porch: Porch
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: None
- Waterfront features: None
Lot
- Size: 6,115.82 Square Feet
Details
- Additional structures: None
- Parcel number: 5109019021
- Zoning: LAR2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco
Condition
- Year built: 1922
Utilities & green energy
- Sewer: In Street
- Water: Public
Community & HOA
Community
- Security: Gated
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $314/sqft
- Tax assessed value: $470,032
- Annual tax amount: $6,171
- Date on market: 10/9/2025
- Tenant pays: Gas, Electricity
Estimated market value
$772,500
$734,000 - $811,000
$3,316/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/9/2025 | Listed for sale | $777,000-1%$314/sqft |
Source: | ||
| 8/1/2024 | Listing removed | -- |
Source: | ||
| 5/17/2024 | Listed for sale | $785,000$317/sqft |
Source: | ||
| 1/1/2024 | Listing removed | -- |
Source: | ||
| 6/22/2023 | Listed for sale | $785,000-1.9%$317/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,171 +1.6% | $479,432 +2% |
| 2024 | $6,071 +1.9% | $470,032 +2% |
| 2023 | $5,959 +4.7% | $460,817 +2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$4,816/mo
Principal & interest
$3793
Property taxes
$751
Home insurance
$272
Climate risks
Neighborhood: Southeast Los Angeles
Nearby schools
GreatSchools rating
- 4/10Forty-Ninth Street Elementary SchoolGrades: K-5Distance: 0.3 mi
- 3/10George Washington Carver Middle SchoolGrades: 6-8Distance: 0.4 mi
- 3/10Social Justice Schools: Fine Arts Academy At Dr. Maya Angelou Community HighGrades: 9-12Distance: 0.4 mi
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