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1493 W 47th Street, Los Angeles, California 90062, Los Angeles, 90062 - 5 bed, 4 bath

1493 W 47th Street, Los Angeles, California 90062 home-pic-0
ACTIVE$1,125,000
1493 W 47th Street, Los Angeles, California 90062
5Beds
4Baths
2,516Sqft
5,717Lot
Year Built
1912
Close
-
List price
$1.13M
Original List price
$1.14M
Price/Sqft
$447
HOA
-
Days on market
-
Sold On
-
MLS number
25592823
Home ConditionExcellent
Features
View

About this home

We found 3 Cons,5 Pros. Rank: price - $1.12M(84th), sqft - 2516(95th), beds - 5(89th), baths - 4(92th).

Extremely nice very spacious property on a tree lined residential street, two on a lot, with a legal 2+2 ADU that was built in 2019, great for additional income. Separate gas & electric meters. Front house is very large with a family room and bonus office space, dual pane windows, gas burning fireplace, Original nice hardwood flooring throughout, Central AC, Central heat, recessed lighting, with a separate breakfast room in kitchen, all appliances included with sale. The ADU features two bedrooms & two full bathrooms, central AC, central heat, with recessed lighting throughout. Delivered vacant at COE. Close proximity to BMO Stadium, Expo Center, & U.S.C. Placed to profit from area's ongoing expansion including the upcoming Olympic Games and FIFA World Cup.

Nearby schools

3/10
Normandie Avenue Elementary School
Public,•K-5•0.3mi
/10
Dr. James Edward Jones Primary Center
Public,•K-2•0.6mi
2/10
Marguerite Poindexter Lamotte Elementary
Public,•K-5•0.8mi
3/10
Fifty-Second Street Elementary School
Public,•K-5•1.0mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•0.4mi
2/10
John Muir Middle School
Public,•6-8•1.2mi
3/10
Manual Arts Senior High School
Public,•9-12•0.8mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,•9-12•1.4mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,•9-12•1.5mi

Price History

Date
Event
Price
11/19/25
Price Change
$1,125,000-1.3%
09/15/25
Listing
$1,140,000
09/10/19
Sold
$819,000
11/14/18
Sold
$74,000
11/01/18
Sold
$425,000
Condition Rating
Excellent
This property features a legal ADU built in 2019, which is virtually new and meets excellent condition criteria. The main house, though built in 1912, has undergone extensive modern renovations, including updated kitchens with shaker cabinets, quartz countertops, and modern fixtures, as well as renovated bathrooms with contemporary vanities and tiling. Both units boast central AC/heat, recessed lighting, and dual-pane windows, indicating significant recent upgrades to major systems and aesthetics. The original hardwood flooring in the main house is well-maintained, and the overall presentation is move-in ready with no deferred maintenance visible.
Pros & Cons

Pros

Significant Income Potential: Features a legal 2+2 ADU built in 2019 with separate gas and electric meters, offering excellent potential for rental income or multi-generational living.
Strategic Location & Future Growth: Close proximity to BMO Stadium, Expo Center, and USC, positioning the property to benefit from the area's ongoing expansion and upcoming major events like the Olympic Games and FIFA World Cup.
Modern Comforts & Upgrades: Both the main house and ADU are equipped with central AC, central heat, recessed lighting, and dual-pane windows, providing modern comfort and energy efficiency.
Spacious & Well-Appointed Main House: The main residence is very large, featuring a family room, bonus office space, original hardwood flooring, and includes all appliances, offering ample living and functional space.
Immediate Occupancy/Rental Ready: The property is delivered vacant at the close of escrow, allowing for immediate owner-occupancy or tenant placement to maximize rental income potential without delay.

Cons

Age of Main Residence: Built in 1912, the main house, despite updates, may present ongoing maintenance considerations and potential for unforeseen issues typical of older properties.
Mixed School Performance: Local public school ratings are generally average to below average (ratings of 1-3), which could be a deterrent for families prioritizing highly-rated educational institutions.
Recent Price Adjustment: A recent price reduction from the original list price might suggest initial overpricing or a need to attract more buyer interest in the current market.

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