1493 W 47th, Los Angeles, California 90062, Los Angeles, 90062 - 0 bed, 0 bath
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1493 W 47th
Los Angeles, California 90062
ACTIVE
CONDITION: EXCELLENT
0Beds
0Baths
2,841Sq Ft
5,717Lot Size
Property Price
LIST PRICE$1,200,000
EST. MARKET VALUE
$1,263,389
5% BelowMARKET VALUE
SUMMARY
This fully remodeled duplex represents a Prime Investment Opportunity, listed at a List Price of $1,200,000—positioned well below the $1,227,685 Fair Market Value by 2%. This valuation gap provides $27,685 in Instant Equity. Featuring a Turnkey Condition Rating, the property offers 2,841 sqft of living space with modern kitchens and a private patio. With both units delivered vacant, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking immediate rental income or a move-in ready residence in Los Angeles.
Estimated Market Value
$1,263,389+$63,389 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1493 W 47th Subject 0 bd · 0 ba · 2,841 sqft · $445 | $1,200,000* List Price | 0 | 0 | 2,841 | $445 | - |
A 5422 Ruthelen Street Sold 0 bd · 0 ba · 2,832 sqft · $452 · 0.8 mi | $1,280,000 | 0 | 0 | 2,832 | $452 | 0.8 mi |
B 5422 Ruthelen Street Sold 7 bd · 5 ba · 2,832 sqft · $452 · 0.8 mi | $1,280,000 | 7 | 5 | 2,832 | $452 | 0.8 mi |
C 1435 W 53rd Sold 0 bd · 0 ba · 2,431 sqft · $402 · 0.5 mi | $977,000 | 0 | 0 | 2,431 | $402 | 0.5 mi |
D 4034 Brighton Ave Active 0 bd · 0 ba · 2,628 sqft · $323 · 0.6 mi | $850,000 List Price | 0 | 0 | 2,628 | $323 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1912, the property is a fully remodeled, turnkey duplex. The interior features modern kitchens with stainless steel appliances, new laminate flooring, recessed lighting, updated windows, and fresh paint throughout, meeting the criteria for a recent high-quality renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Condition
The property is fully remodeled and turnkey, offering a modern living experience that eliminates the need for immediate capital expenditure or post-purchase renovations.
- Immediate Rental Flexibility
Both units are delivered vacant, providing a rare opportunity for an owner-user to move in immediately or for an investor to secure market-rate tenants without the complications of existing leases.
- Substantial Living Space
With 2,841 square feet of living area, the property offers significant scale for a duplex, allowing for spacious unit layouts that can command premium rents in the Los Angeles market.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2841, other record living area = 2516.
- Recently Sold Property
The property was recently sold within the past year on 2026-08-27. The sold price is $820,000.00.
- Underperforming School District
The local public schools carry low ratings (ranging from 1 to 3), which may deter family-oriented tenants and potentially limit long-term capital appreciation.
About 1493 W 47th
Fully remodeled duplex for sale! Both turnkey and vacant for owner user or investor.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1912
- Lot Size
- 5,717 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Normandie Avenue Elementary School
Grades K-5 • 0.3 mi
3/10
Dr. James Edward Jones Primary Center
Grades K-2 • 0.6 mi
0/10
Marguerite Poindexter Lamotte Elementary
Grades K-5 • 0.8 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 2,841 | 2,090.331 |
| Lot Size | 5,717 | 5,852.908 |
| Price | $1.20M | $830.9K |
| Price per sq ft | $422 | $394 |
| Built year | 1912 | 1928 |
| HOA | $0 | $0 |
| Days on market | 40 | 87 |
Pricing History
Listed for Sale
Sep 30, 2026
$1,200,000
Initial Listing
Sold
Aug 27, 2026
$820,000
Public Record
Sold
Sep 10, 2019
$819,000
Public Record
Sold
Nov 14, 2018
$74,000
Public Record
Sold
Nov 1, 2018
$425,000
Public Record