Investment Property! 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 nearly 2,800 sqft of living space on an over 6,600 sqft lot, this property presents a lucrative investment potential. Zoned LARD3, the property had previous permits for an ADU that have now expired, allowing for the potential addition of a 2-bed, 1-bath unit to further increase income potential. The 3-car garage will be vacant upon closing. Conveniently located near Exposition Park, the 110 Freeway, Downtown LA, Crypto Arena, 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. Please do not disturb tenants.
Property Details
Price:
$1,299,000
MLS #:
SR24102931
Status:
Active
Beds:
8
Baths:
4
Address:
961 W 47th Street
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
c34losangelessouthwest
City:
Los Angeles
Listed Date:
May 1, 2024
State:
CA
Finished Sq Ft:
2,772
ZIP:
90037
Lot Size:
6,685 sqft / 0.15 acres (approx)
Year Built:
1913
Schools
Interior
Cooling
Central Air
Fireplace Features
None
Exterior
Community Features
Curbs, Sidewalks, Storm Drains, Street Lights, Suburban
Garage Spaces
3.00
Lot Features
2-5 Units/ Acre, Front Yard, Lawn
Parking Spots
3.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
View
Neighborhood
Water Source
Public
Financial
Association Fee
0.00
Map
Community
- Address961 W 47th Street Los Angeles CA
- AreaC34 – Los Angeles Southwest
- CityLos Angeles
- CountyLos Angeles
- Zip Code90037
Similar Listings Nearby
- 1132 4th Avenue
Los Angeles, CA$1,688,000
3.80 miles away
- 5410 Reynier Avenue
Los Angeles, CA$1,685,000
4.91 miles away
- 3947 S Cloverdale Avenue
Los Angeles, CA$1,650,000
4.21 miles away
- 3944 Somerset Drive
Los Angeles, CA$1,649,999
2.90 miles away
- 4235 W 59th Place
Los Angeles, CA$1,648,000
3.51 miles away
- 1023 S Wilton Place
Los Angeles, CA$1,615,000
3.81 miles away
- 5317 S Corning Avenue
Los Angeles, CA$1,600,000
4.71 miles away
- 5905 S Chariton Avenue
Los Angeles, CA$1,599,900
4.80 miles away
- 1827 S Burnside Avenue
Los Angeles, CA$1,599,900
4.77 miles away
- 1035 Westchester Place
Los Angeles, CA$1,599,000
3.84 miles away
Courtesy of Coldwell Banker Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Robert Barksdale include the name of the listing broker. Neither the listing company nor Robert Barksdale shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved. 961 W 47th Street
Los Angeles, CA
LIGHTBOX-IMAGES