$1,299,000
Active
27 Days Online
8 Beds4 Baths2,772 SQFT
Active

961 W 47th Street Los Angeles, CA 90037

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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 TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site26 Days
  • MLS StatusActive
  • MLS ID NumberSR24102931
  • Home Size Source Assessor
  • Year Built1913
  • Lot Size0.1535 Acres
  • Full Baths4
  • Partial BathsN/A

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General Features

  • Parking Spaces 3
  • Sewer Public Sewer
  • Number of Stories 22
  • Acreage 0.1535
  • Water Public
  • Property Sub Type Quadruplex
  • Garage Spaces 3
  • Attached Garage Yes
  • Zoning LARD3
  • Listing Conditions Standard
  • Direction Faces South

Interior Features

  • Cooling Central Air
  • Fireplace Features None
  • Laundry Features Electric Dryer HookupWasher Hookup
  • Fireplace No

Exterior Features

  • View Neighborhood
  • Pool Features None
  • Lot 2-5 Units/ AcreFront YardLawn

Community Features

  • Association Dues 0
  • Community Features CurbsSidewalksStorm DrainsStreet LightsSuburban
  • Senior Community No
  • MLS Area C34 - Los Angeles Southwest

Schools

School District
Los Angeles Unified
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$6,879
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