605 W 47th Street, Los Angeles, CA 90037 (MLS # 25559443)
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Turnkey Income Property | Fully Renovated Fourplex | Prime LA LocationIncredible opportunity to own a beautifully reimagined four-unit luxury residence just minutes from the LA Coliseum, USC, and Expo Park. Perfect for 1031 exchange buyers and savvy investors, this fully renovated property offers immediate cash flow, long-term upside, and timeless curb appeal in one of LA's most rapidly appreciating neighborhoods. Expertly restored by a seasoned contractor, each unit showcases modern, high-end finishes while preserving the classic charm of LA architecture. Highlights include stainless steel appliances, quartz countertops, in-unit laundry, wall A/C units, designer fixtures, and updated flooring throughout. The property is tenant-occupied and income-producing, ideal for buyers seeking a low-maintenance, stabilized asset with strong market rents. Gated for privacy and thoughtfully laid out to maximize comfort and functionality, these four units check all the boxes for long-term performance. Strategically located near major employment centers, cultural destinations, public transit, and future development zones, this is a rare chance to secure a premium income-generating property in a high-demand rental market. Shown by appointment only...please do not disturb tenants.
| DAYS ON MARKET | 72 | LAST UPDATED | 7/24/2025 |
|---|---|---|---|
| YEAR BUILT | 1924 | COMMUNITY | C42 - Downtown L.A. |
| GARAGE SPACES | 2.0 | COUNTY | Los Angeles |
| STATUS | Active | PROPERTY TYPE(S) | Residential Income |
| PRICE HISTORY | |
| Prior to Jul 24, '25 | $1,699,000 |
|---|---|
| Jul 24, '25 - Today | $1,900,000 |
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | C42 - Downtown L.A. |
| GARAGE | Yes |
| LOT | 8276 sq ft |
| PARKING | Assigned, Carport, Direct Access, Driveway, Garage, Private |
| POOL DESCRIPTION | None |
| SEWER | Other |
| STORIES | 2 |
| STYLE | Contemporary |
| VIEW DESCRIPTION | None |
| WATER | Public |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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