Under ContractSingleFamilyResidence

1493 W 47th Street

Los Angeles, CA, 90062

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$1,125,000

MLS: 25592823

Beds

5

Baths

4

Sq Ft

2,516

Lot

0.13 ac

Year Built

1912

MLS #

25592823

Days on Market

197

Listed

Sep 15, 2025

Description

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. Seller may be willing to assist with buyers closing cost or rate reduction. 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.

Location

Los Angeles, Los Angeles County, CA 90062

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Listed by: Vanetta Lockridge · Crown Real Estate & Funding, Inc.

Payment estimate

$8,115

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $112,500 · Loan: $1,012,500

%
Principal & Interest
$6,221
Property tax (1.25%)
$1,172
Homeowners insurance
$300
Mortgage insurance
$422
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $39,375 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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