$777,000
488 E 47th Street, Los Angeles CA 90011
Multi-Family (3 Units)
Property type
115 days
On market
$314
Price per sqft
N/A
Garage
1922
Year built
6,117 sqft
Lot size
Open Houses
Overview
488-492 E. 47th St offers an excellent opportunity to purchase a triplex investment in South Los Angeles minutes to Downtown Los Angeles, University of Southern California, etc. Easy access to the 110 and 10 Freeways. Property features two buildings Front building has 2 Units - 2Bd/1Ba Unit & Single/1 Ba Unit (Yr blt 1904); Rear Building is a SFR - 2Bd/1Ba (Yr blt 1922)....
Listing provided by: Andrew C Lee DRE #01046440 213-625-1629, Andrew C. Lee
Listing updated: Feb 18, 2026 at 08:20am.
Last checked: Jun 5, 2026 at 08:31pm
Source: CRMLS #26650297
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $1,571 | $1,571 | $1,571 | Unfurnished |
| 1 | 0 | 1 | — | $1,615 | $1,615 | $1,615 | Unfurnished |
| 1 | 2 | 1 | — | $1,671 | $1,671 | $1,671 | Unfurnished |
# of Buildings: 2
# of Units Total: 3
Disposal: 3
Refrigerator: 3
Rent Control: Yes
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
12.1x
List Price / Annual Gross Rent
Cap Rate
5.55%
NOI / List Price
Net Operating Income: $43,119
Interior
Cooling: None
Heating: Wall Furnace
Appliances: Disposal, Refrigerator
Entry Location: Living Room
Exterior
Architectural Style: Craftsman
Stories Total: 1
Levels: One
Construction Materials: Stucco
Direction Faces: North
Security Features: Gated Community
Pool: None
Spa: None
Sewer: Other
View: None
Patio and Porch Features: Porch
Garage and Parking
Parking: Driveway
Parking Total: 2
Lot Information
Land Lease: No
Parcel #: 5109019021
Additional Parcels: No
Zoning: LAR2
Community
HOA: No
Senior Community: No
Community Features: Gated
Nearby Schools
Nearby schools around the 488 E 47th Street, Los Angeles, CA 90011. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$621,600
Total Interest
$792,817
Total Payment
$1,414,417
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$4,888
per month
Property History for 488 E 47th Street
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90011.
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