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

323 W 47th Place
Los Angeles, California 90037
Property Price
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
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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 1,925 | 2,419 | 30% |
| Lot Size | 4,550 | 5,409.5 | 15% |
| Price | $824.9K | $890.0K | 45% |
| Price per sq ft | $429 | $324 | 70% |
| Built year | 1989 | 1923 | 80% |
| HOA | $0 | $0 | 50% |
| Days on market | 158 | 259 | 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






















