550 W 47th Street, Los Angeles, CA 90037 (MLS # 25512351)
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Prime Multi-Unit Investment Opportunity in South Los Angeles. Rare chance to acquire a 2020 yr built high-yield, multi-unit completely LEASED property in a desirable South Los Angeles location, just minutes from BMO Stadium, Exposition Park, and with easy access to the 110 Freeway (Vernon Exit). Ideal for investment or owner-user, this versatile property is well-suited for homeless shelters, interim transition housing, non-profit organizations, and government-backed master lease programs. Featuring four units with an impressive total of 32 master suite-style bedrooms and 32 bathrooms, each suite is equipped with a private bath and mini-split HVAC system for maximum comfort. The property also offers common dining areas and laundry facilities in each unit. Zoned R-2 with R-3 occupancy per COO, this unique asset presents significant flexibility and potential. Completely Leased and receives stream of income flow.
| DAYS ON MARKET | 76 | LAST UPDATED | 5/15/2025 |
|---|---|---|---|
| YEAR BUILT | 2020 | COMMUNITY | Downtown L.A. |
| GARAGE SPACES | 2.0 | COUNTY | Los Angeles |
| STATUS | Active | PROPERTY TYPE(S) | Residential Income |
| PRICE HISTORY | |
| Prior to Mar 27, '25 | $4,290,000 |
|---|---|
| Mar 27, '25 - May 15, '25 | $4,190,000 |
| May 15, '25 - Today | $3,850,000 |
| ADDITIONAL DETAILS | |
| APPLIANCES | Gas Cooktop, Refrigerator |
|---|---|
| AREA | Downtown L.A. |
| CONSTRUCTION | Concrete, Stucco |
| GARAGE | Door-Multi, Garage, Shared Driveway, Tandem, Yes |
| HEAT | Electric, Forced Air |
| LOT | 8433 sq ft |
| PARKING | Door-Multi,Garage,Shared Driveway,Tandem |
| POOL DESCRIPTION | None |
| SEWER | Sewer Tap Paid |
| STORIES | 3 |
| STYLE | Modern |
| VIEW DESCRIPTION | None |
| ZONING | LARD2 |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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