137 W 47th Place, Los Angeles, California 90037, Los Angeles, 90037 - 4 bed, 2 bath
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Los Angeles, California 90037
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $770,000—positioned well below the $806,454 Fair Market Value by 4%. This valuation gap offers $36,454 in Instant Equity for the buyer. Featuring a Mint Condition Rating with a complete high-end remodel, new Samsung appliances, and a massive backyard, this home provides a move-in-ready lifestyle. It is an ideal acquisition for first-time buyers or Owner-Occupants seeking a modern, low-maintenance property in a central Los Angeles location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 137 W 47th Place Subject | $770,000* List Price | 4 | 2 | 1,687 | $478 | - |
A 331 W 52nd Place Sold | $630,000 | 3 | 1 | 1,152 | $547 | 0.4 mi |
B 710 W 49th Place Sold | $715,000 | 3 | 3 | 1,226 | $583 | 0.6 mi |
C 711 W 41st Street Active Under Contract | $699,999 List Price | 6 | 3 | 1,958 | $358 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1907, the property has undergone a complete high-end renovation within the last year. It features a brand new kitchen with stainless steel appliances, fully updated modern bathrooms, new luxury vinyl flooring, and new windows throughout, meeting the criteria for mint condition with no immediate maintenance required.
The property features extensive upgrades including a new kitchen with Samsung stainless steel appliances, updated bathrooms, new windows, and luxury vinyl flooring, ensuring a move-in-ready experience for the buyer.
Boasting a 5,649 sqft lot with a massive backyard and a new alley gate for secure parking, the home offers significant outdoor space and utility that is rare for the area.
With four bedrooms, two full baths, and a formal dining room across nearly 1,700 sqft, the interior provides a spacious and practical floor plan suitable for large families or multi-generational living.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Originally built in 1907, the home may have aging underlying infrastructure or structural elements typical of historic properties that require ongoing maintenance despite recent cosmetic updates.
The property offers no significant views of the city or surrounding landscape, which may limit its appeal to buyers prioritizing aesthetic vistas in the Los Angeles market.
Beautifully remodeled, 4 bedroom and 2 full bath house on a huge lot now available. This home has new windows throughout, new kitchen, new bathrooms, luxury vinyl flooring with brand new Samsung stainless steel stove, dishwasher and microwave. Formal dining room and spacious living room. New laundry hookups inside the home. Massive backyard ideal for entertaining or gardening. New alley gate installed accessible for parking. Located in the South Park area of South Central. Conveniently located minutes from the 110 freeway, downtown LA, South Bay, grocery stores and shopping.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 70% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,687 | 1,302.5 | 70% |
| Lot Size | 5,649 | 5,375 | 63% |
| Price | $770.0K | $672.5K | 70% |
| Price per sq ft | $456 | $473 | 40% |
| Built year | 1907 | 1912 | 10% |
| HOA | $0 | $0 | 50% |
| Days on market | 30 | 153 | 7% |
May 14, 2026
$770,000
Initial Listing
Feb 24, 2025
$485,000
Public Record