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Listed by Angela Dominguez • Rodeo Realty
$1,199,000
Est. payment /mo
6,683 Sqft Lot
New
961 W 47th ST Los Angeles, CA 90037
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR26012599
Style Traditional
Year Built 1913
Lot Size 6,683 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
Located in the heart of South Los Angeles, this investment property has a strong upside potential in a neighborhood that's actively transitioning and showing signs of revitalization. This four-unit property includes two income-producing units and two vacant units, offering flexibility for owner-occupied or investors ready to capitalize on rental demand. The area is seeing increased investment and development activity, making it an up-and-coming community with growing appeal. Positioned just 1.5 miles from the new Lucas Museum of Narrative Art (Star Wars Museum), 1.2 miles from the Natural History Museum, and just over a mile from the California Science Center and Children's Science Center, this property sits at the intersection of culture, education, and innovation. It's also only 1.3 miles from USC, making it an ideal opportunity for parents looking to avoid high dormitory costs by investing in housing for their student. Instead of paying rent, your child can live in one of the units while the others generate rental income-turning an expense into a wealth-building strategy. Adding even more value, the detached 3-car garage completely remodeled has excellent potential for conversion into an Accessory Dwelling Unit (ADU), which could provide additional income and boost over
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Interior
Laundry 30, Other, 38
Exterior
Parking Features Gate / Door Opener
Garage Spaces 3.0
Pool None
Roof Type Shingle
Building
Story One Story
Foundation Raised
Water District - Public
Architectural Style Traditional
Others
Tax ID 5018009022
Special Listing Condition Not Applicable
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