488 E 47th Street Los Angeles, CA ^$ 777,000

488 E 47th Street

^$ 777,000

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488 E 47th Street

Los Angeles, CA, 90011

^$ 777,000

Bedrooms5 Baths1.0 Sq 2,473

Monthly Estimate*

^$ 4,847

Listed by Andrew C. Lee

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Multi-Family Home for sale in Los Angeles, CA

for $777,000 with 5 bedrooms and 1 full bath. This 2,473 square foot home was built in 1922 on a lot size of 0.1404.

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.

Multi-Family Active

Price

^$ 777,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1404

Year Built

1922

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

25603897

Days on Market

Features

General

Living Area 2473

Sewer Other

Heating Wall Furnace

Cooling None

Possession Close Of Escrow

Appliances Disposal Refrigerator

Zoning LAR2

Patio/Porch Features Porch

Pool Features None

Security Features Gated Community

Construction Materials Stucco

Year Built 1922

Tenant Pays Electricity Gas

View None

Stories Count 1

Levels One

Gross Income 57492

Community Features Gated

County Los Angeles

Net Operating Income 43119

New Construction 0

Property Type Residential Income

HOA 0

Facing Direction North

Full Baths 0

Special Listing Conditions Standard

Status Active

Directions Triplex on 47th Street East of San Pedro St; South of E. Vernon Ave. East of 110 Freeway & minutes south of Downtown Los Angeles University of Southern California Exposition Park etc.

City Los Angeles

Entry Location Living Room

Senior Community Y/N 0

Number Of Units Total 3

MLS Area C42 - Downtown L.A.

Lot Size Units Square Feet

Lot Size Square Feet 6117

Spa Features None

Additional Parcels Y/N 0

Rent Control Y/N 1

Standard Status Active

Interior

Total Stories 1

Air Conditioning Y/N 0

Heating Y/N 1

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Total Bedrooms 5

Total Baths 3

Exterior

Parking Features Driveway

Total Parking 2

Lot Size Area 6117

Number of Buildings 2

Spa 0

Building Area Total 2473

Lot Size Acres 0.1404

Private Pool 0

* Excluded Features

List By

Andrew C. Lee

Broker

aclee.aig@sbcglobal.net

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$4,847

Per Month

Monthly Principal & Interest: $4,847
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,903,585

Percent of Sale Price 145%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/20/2025	$777,000		Listed Price

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488 E 47th Street, Los Angeles, CA, 90011 is a Multi-Family Home for sale at $777,000 with 2,473 sqft and a lot size of 0.1404. 488 E 47th Street has 5 bedrooms, 1.0 baths, and was built in 1922. The property's zip code is 90011 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/23/2025. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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488 E 47th Street

Multi-Family Home for sale in Los Angeles, CA

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