961 W 47th Street, Los Angeles, CA 90037

  • $1,400,000
  • $505
961 W 47th Street, Los Angeles, CA 90037
  • Residential Income
  • Property Type
  • 3.00
  • Garages
  • 1913
  • Year Built
For Sale
961 W 47th Street, Los Angeles, CA 90037
  • $1,400,000
  • $505

Overview

Property ID: SGR-31304604
  • Residential Income
  • Property Type
  • 3.00
  • Garages
  • 1913
  • Year Built

Description

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.

  • Address 961 W 47th Street
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90037
  • Area C34 - Los Angeles Southwest
  • Country United States

Details

Updated on May 5, 2024 at 3:36 pm
  • Property ID: SGR-31304604
  • Price: $1,400,000
  • Land Area: 6685.00 m²
  • Garages: 3.00
  • Year Built: 1913
  • Property Type: Residential Income
  • Property Status: For Sale
  • Living Area: 2772.00
  • MLS#: SR24086410
  • Office Name: COLDWELL BANKER REALTY
  • Agent Name: Michael Massa
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Co-Office Name: Coldwell Banker Realty
  • Co-Agent Name: Brian Mallasch
  • Agent State License: 02082631
  • Co-Agent State License: 01748272
  • IDX Contact Info: 310-779-9007

Additional details

  • Sewer: Public Sewer
  • County: Los Angeles
  • Property SubType: Quadruplex
  • Parking: 3.00
  • Water Source: Public

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