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227 W 47th St, Los Angeles, CA, 90037

5beds
3baths
1,863sqft
$699,000
$375price/sqft
$4,818/moest. monthly cost
$192,720/yrincome needed

About This Home

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!!

Getting Around

84
WalkingVery Walkable
62
TransitGood Transit
85
BikeVery Bikeable

Construction

Condition

  • Year built: 1909

Materials

  • Roof: Shingle

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Appliances

  • Appliances included: Gas Range,Water Heater
  • Laundry features: Inside

Bedroom

  • Features: All Bedrooms Down

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3

Features

  • All Bedrooms Down
  • Flooring: Laminate
  • Fireplace features: None
  • Common walls with other units/homes: No Common Walls

Heating

  • Heating features: Wall Furnace

Interior Area

  • Total structure area: 1,863
  • Total interior livable area: 1,863 sqft

Property

Details

  • Parcel number: 5110008034
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: front
  • Pool features: None
  • Spa features: None
  • Fencing: Electric
  • Has view: Yes
  • View description: None

Lot

  • Lot size: 7,845 sqft
  • Features: 0-1 Unit/Acre

Parking

  • Total spaces: 2
  • Parking features: Driveway
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Wildfire

FEMA Declared Disasters in Los Angeles County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,534$42,408
Home Insurance *$153$1,836
Property Taxes $732$8,784
Electricity $399$4,793
Total$4,818$57,816
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$165,188/yr
40% on housing$144,540/yr
45% on housing$128,480/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$375This listing

vs Other Active Listings

Avg $/sqft

ZIP 90037$355
Los Angeles County$602

vs Homes Sold Last Month

Median $/sqft

ZIP 90037$516
Los Angeles County$610

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-12Contingent$699,000
2026-02-27Listed for sale$699,000
2025-07-09Listing removed$785,000
2025-02-07Listed for sale$785,000
2005-10-03Sold$475,000
2001-03-15Sold$215,000
2000-10-25Sold$164,000
2000-06-09Sold$201,202
2000-03-03Sold$201,202
1996-12-10Sold$185,000

For Sale by Agent

AgentKatia Fernandez
BrokerageEquity Smart Real Estate Serv

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