Homes for sale - 961 W 47th ST, Los Angeles, CA 90037

Additional details

JLee Broker

[email protected] +1(650) 857-1000

Listed by Angela Dominguez • Rodeo Realty

$1,199,000

Est. payment - /mo

6,683 Sqft Lot

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UPDATED:

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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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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961 W 47th ST Los Angeles, CA 90037

JLee Broker

Key Details

Location

Interior

Exterior

Building

Others

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