Los Angeles, CA 90037,961 W 47th Street
Los Angeles, CA 90037,961 W 47th Street
Los Angeles, CA 90037,961 W 47th Street
Los Angeles, CA 90037,961 W 47th Street
Los Angeles, CA 90037,961 W 47th Street
Los Angeles, CA 90037,961 W 47th Street
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$ 1,228,520
Est. payment | /mo

8 Beds

4 Baths

6,683 Sqft Lot


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$ 1,228,520
Est. payment | /mo
Save

8 Beds

4 Baths

6,683 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25070265

Bedrooms 8

HOA Y/N No

Lot Size 6,683 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Located in the heart of South Los Angeles,this investment property has a strong upside potential in a neighborhood thats 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 Childrens Science Center, this property sits at the intersection of culture, education, and innovation. Its 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 incometurning an expense into a wealth-building strategy. Adding even more value, the detached 3-car garage has excellent potential for conversion into an Accessory Dwelling Unit (ADU), which could provide additional income and boost overall property value. Just 1.4 miles from BMO Stadium, home of LAFC, this property is perfectly positioned to benefit from the continued transformation of South LA. With cultural landmarks, major institutions, and infrastructure upgrades nearby, this s a rare opportunity to invest in a rising neighborhood while enjoying immediate and
Located in the heart of South Los Angeles,this investment property has a strong upside potential in a neighborhood thats 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 Childrens Science Center, this property sits at the intersection of culture, education, and innovation. Its 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 incometurning an expense into a wealth-building strategy. Adding even more value, the detached 3-car garage has excellent potential for conversion into an Accessory Dwelling Unit (ADU), which could provide additional income and boost overall property value. Just 1.4 miles from BMO Stadium, home of LAFC, this property is perfectly positioned to benefit from the continued transformation of South LA. With cultural landmarks, major institutions, and infrastructure upgrades nearby, this s a rare opportunity to invest in a rising neighborhood while enjoying immediate and future gains. Seller motivated to entertain the best and highest offers. PRICE TO SELL.

Location

State CA

County Los Angeles

Area Los Angeles (90037)

Zoning Assessor

Building

Lot Description Sidewalks

Story 2

Lot Size Range 4000-7499 SF

Level or Stories 1 Story

Others

Monthly Total Fees $41

Space Rent $2,150

San Diego Regional MLS (SDMLS)
Listed by Angela Dominguez • Keller Williams North Valley
advisor-avatar

+1(404) 386-0862

ronesha.nation@ournationrealty.org

6207 Vista Santa Clara, Diego, California, 92154, United States

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961 W 47th Street