961 W 47th Street, Los Angeles, CA 90037 (MLS # SR24086410)

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PRICE $1,400,000 dsIDX morgage calculator
BEDS n/a
BATHS 0
HOME SIZE 2,772 sqft
LOT SIZE 6,687 sqft
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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.

DAYS ON MARKET 16 LAST UPDATED 5/9/2024
YEAR BUILT 1913 COMMUNITY Los Angeles Southwest
GARAGE SPACES 3.0 COUNTY Los Angeles
STATUS Active PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AREA Los Angeles Southwest
BUYER'S BROKERAGE COMPENSATION 2.500 %
GARAGE Yes
LOT 6685 sq ft
LOT DESCRIPTION 2-5 Units/Acre, Front Yard, Lawn
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
WATER Public
ZONING LARD3
MORTGAGE CALCULATOR
   

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Listed with Coldwell Banker Realty

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