Active

961 W 47th ST

LOS ANGELES CA, 90037

$1,400,000


$505.05 per sqft

Active

8 Beds

4 Baths

2,772 sqft

Residential

Built in 1913

Fantastic Investment Opportunity! 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 close to 2,800 sq. ft. of living space on an over 6,600 sq. ft. lot, this property presents a lucrative investment potential. Zoned LARD3, the property also had previous permits for an ADU that have now expired, allowing for an additional 2 bed/1 bath unit to further increase income potential. Garage will be vacant upon closing. Conveniently located near the 110 Freeway, Downtown LA, Staples Center, 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. Tenants are not aware of the sale, so please do not disturb them.

SR24086410MR

MLS ID

April 1, 2024

Listed

May 9, 2024

Updated

Map

961 W 47th ST
LOS ANGELES CA, 90037

Interior Features

Total Stories

2


Bedrooms

8


Total Bathrooms

4


Laundry Description

Electric Dryer Hookup, Hookup - Electric, Washer Hookup


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.15 Acres


Sewer

Public Sewer

Other Property Details

Area Name

Los Angeles Southwest


Days on Market

8


Garage

Yes


Garage Spaces

3


Parking Total

3


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

LARD3

Listed by Michael Massa with Coldwell Banker Realty
Listing Contact: 310-779-9007 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Backbeat Homes shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 5/9/2024

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