• Asking Price $1,400,000
  • Estimated Value: $1,289,862

  • 961 W 47TH ST LOS ANGELES, CA 90037

  • 8 Beds 4 Baths 2,772 SqFt
  • Multi-family (5 or more units) / Resale (MLS)
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Property Details for 961 W 47TH ST, LOS ANGELES, CA 90037

Features

  • Price/sqft: $505
  • Lot Size: 6683 sq. ft.
  • Total Units: 4
  • Total Rooms: 9
  • Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4
  • Heating: 24
  • Construction Type: Wood

Facts

  • Year Built: 01/01/1913
  • Property ID: 880274330
  • MLS Number: SR24086410
  • Parcel Number: 5018-009-022
  • Property Type: Multi-family (5 or more units)
  • County: LOS ANGELES
  • Legal Description: VERMONT AND VERNON AVE TRACT LOT/SEC 70
  • Zoning: LARD3
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. 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 6,700 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.

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Property Brokerage: Coldwell Banker Residential Brokerage 301 N. Canon Drive # E Beverly Hills CA 90210
Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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