227 W 47th Street, Los Angeles, California 90037, Los Angeles, 90037 - bed, bath
227 W 47th Street
Los Angeles, California 90037
Property Price
SUMMARY
Analysis of 227 W 47th Street, Los Angeles, California 90037 is currently available with a list price of $699,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1909, this property is explicitly marketed as a 'value-add' opportunity needing 'TLC.' The listing and images indicate significant deferred maintenance, aging infrastructure, and outdated kitchen and bathroom facilities that require substantial rehabilitation and system updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- High-Yield Unit Mix
The property features a rare 4BR/2BA front unit and a 2BR/1BA back unit, providing a versatile configuration that commands top-tier rents and appeals to large families or house-hackers.
- ADU Conversion Potential
The detached garage is perfectly positioned for an ADU conversion, offering a strategic opportunity to add a third income stream and significantly increase the property's total value.
- Strategic Growth Location
Located minutes from DTLA, BMO Stadium, and the Coliseum, this asset is situated in a high-growth corridor, ensuring strong long-term appreciation and high tenant demand.
CONSRISKS & DEFICIENCIES
- Significant Renovation Required
The property is noted as needing 'TLC,' implying that substantial upfront capital and vision are necessary to address deferred maintenance and reach peak After Repair Value (ARV).
- Aging Infrastructure
Originally built in 1909, the structure may require costly updates to major systems like plumbing, electrical, and foundation to meet modern building codes and tenant expectations.
About 227 W 47th Street
Maximize your equity with this strategic value-add opportunity. This duplex needs TLC. Features a rare 4BR/2BA front unit (high-demand/top-tier rent) and a 2BR/1BA back unit, ideal for house-hacking or a high-cap rate portfolio addition. The Upside: Detached garage is perfectly positioned for an ADU conversion to create a third income stream. The Location: Minutes from DTLA, BMO Stadium, and the Coliseum. The Play: Bring your vision, renovate to peak ARV, and secure a versatile asset in a high-growth corridor. Don't miss out!!
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1909
- Lot Size
- 7,845 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 1,863 | 2,419 | 25% |
| Lot Size | 7,845 | 5,451.5 | 95% |
| Price | $699.0K | $890.0K | 25% |
| Price per sq ft | $375 | $324 | 60% |
| Built year | 1909 | 1923 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 260 | 5% |
Pricing History
Listed for Sale
Feb 27, 2026
$699,000
Initial Listing
Sold
Oct 3, 2005
$475,000
Public Record
Sold
Mar 15, 2001
$215,000
Public Record
Sold
Oct 25, 2000
$164,000
Public Record
Sold
Jun 9, 2000
$201,202
Public Record
Sold
Dec 10, 1996
$185,000
Public Record