323 W 47th Place, Los Angeles, California 90037, Los Angeles, 90037 - bed, bath

323 W 47th Place, Los Angeles, California 90037 home-pic-0

323 W 47th Place

Los Angeles, California 90037

ACTIVE UNDER CONTRACT
CONDITION: GOOD
0Beds
0Baths
1,925Sq Ft
4,550Lot Size

Property Price

LIST PRICE$824,900

SUMMARY

Analysis of 323 W 47th Place, Los Angeles, California 90037 is currently available with a list price of $824,900. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property, built in 1989, has undergone recent renovations, particularly in the front unit, which features updated finishes. The kitchen showcases modern gray cabinetry, a stainless steel refrigerator, and new countertops. The bathroom also appears updated with a new vanity and tub/shower surround. The flooring throughout is a consistent wood-look laminate, and recessed lighting is present in some areas. While the back unit is described as well-kept, it hasn't been remodeled, suggesting it may not be as current as the front. The overall condition is good, indicating it's move-in ready with some areas showing recent updates, but not a full, comprehensive renovation across the entire property. The presence of a gas wall heater suggests an older heating system, but it is functional. No specific information on cooling systems or electrical devices is provided, but the visible updates suggest a functional electrical system.

PROSSTRENGTHS & OPPORTUNITIES

  • Prime Location

    Exceptional proximity to USC, Exposition Park, Banc of California Stadium, and major freeways (110 & 10), offering excellent access to employment centers and amenities.

  • Investment Potential

    True duplex with separate utility meters (water shared) and strong rental demand in the area, ideal for investors or owner-occupiers seeking income generation.

  • Remodeled Unit

    The front unit has been tastefully remodeled, providing modern finishes and an immediate appeal to potential tenants or occupants.

CONSRISKS & DEFICIENCIES

  • Shared Water Meter

    Water utility is shared between the two units, which may require careful management and potential future upgrades for individual metering.

  • Back Unit Condition

    While well-kept, the back unit has not been remodeled, potentially requiring updates to match the appeal of the front unit.

  • Limited Parking

    Gated parking is available, but the exact number of spaces is not specified, which could be a constraint in a high-density area.

About 323 W 47th Place

Excellent investment or owner-user opportunity! This well-maintained duplex at 323 W 47th Pl, Los Angeles 90037 is a true two-unit property with separate utility meters for each unit, water is shared. Ideally located minutes from USC, Exposition Park, Banc of California Stadium, LA Memorial Coliseum, and the Natural History Museum, with quick access to DTLA, the 110 & 10 freeways, Metro lines, and the expanding Downtown-to-Inglewood corridor. The property features two spacious 3-bedroom, 1-bath units. The front unit has been tastefully remodeled in recent years, offering updated finishes and modern comfort, while the back unit is well-kept and has its own rear facing access. There is great rental potential in the area. The units also feature mirrored floor plans. Additional highlights include gated parking, a front yard, and a private back patio. The entire property is fully fenced, providing security and privacy for both units with gated parking. With its prime central location and true duplex setup, this property is perfect for investors seeking reliable income or buyers looking to live in one unit while renting out the other. Proximity to universities, transit, and major job centers ensures consistent rental demand. Don’t miss this opportunity to own a piece of Los Angeles real estate with long-term growth and income potential!

Property Details

Public Facts

Property Type
Duplex
Year Built
1989
Lot Size
4,550 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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds--
50%
Baths--
50%
Square foot1,9252,419
30%
Lot Size4,5505,409.5
15%
Price$824.9K$890.0K
45%
Price per sq ft$429$324
70%
Built year19891923
80%
HOA$0$0
50%
Days on market158259
15%

Pricing History

Listed for Sale

Nov 15, 2025

$824,900

$835,000

-1% Price Drop

Initial Listing

Price Change

Oct 19, 2025

$835,000

$849,900

-2% Price Drop

Initial Listing

Price Change

Sep 29, 2025

$849,900

Initial Listing

Sold

May 9, 2023

$700,000

Public Record

Sold

Feb 14, 2019

$520,000

Public Record

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