961 W 47th Street Los Angeles, CA 90037
Investment Property! This charming and well-maintained fourplex offers four units, each featuring 2 bedrooms and 1 bathroom. Recent upgrades include renovated kitchens and bathrooms in each unit. With nearly 2,800 sqft of living space on an over 6,600 sqft lot, this property presents a lucrative investment potential. Zoned LARD3, the property had previous permits for an ADU that have now expired, allowing for the potential addition of a 2-bed, 1-bath unit to further increase income potential. The 3-car garage will be vacant upon closing. Conveniently located near Exposition Park, the 110 Freeway, Downtown LA, Crypto Arena, LA Live, USC, museums, parks, and major restaurants, this property is an excellent investment opportunity. The property will be delivered with tenants in place, ensuring immediate rental income. Please do not disturb tenants.
- Property TypeCondo
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site12 Days
- MLS StatusActive
- MLS ID NumberSR24102931
- Home Size Source N/A
- Year Built1913
- Lot Size0.1535 Acres
- Full Baths4
- Partial BathsN/A
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General Features
- Parking Garage Spaces 3
- Sewer Public Sewer
- Terms CashConventionalCash To New Loan
- Stories 2 Story
Interior Features
- Additional Rooms Other/Remarks
- Cooling Central Forced Air
Exterior Features
- Water Public
- Pool N/K
- View Neighborhood
Community Features
- Sales Restrictions Standard
- Miscellaneous Storm DrainsSuburban
- Neighborhood Voices of 90037