CA > Los Angeles
Los Angeles, CA 90037,961 W 47th Street
Los Angeles, CA 90037,961 W 47th Street
Los Angeles, CA 90037,961 W 47th Street
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$1,199,000
Est. payment /mo
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8 Beds
4 Baths
Price Dropped by $29K

961 W 47th Street Los Angeles, CA 90037

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Patty Doyle

Patty Doyle

+1(619) 886-0321

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25070265

Bedrooms 8

Property Sub-Type Res Income 2-4 Units

Property Description

Located in the heart of South Los Angeles,this investment property has a strong upside potential in a neighborhood thats actively transitioning and showing signs of revitalization. This four-unit property includes two income-producing units and two vacant units, offering flexibility for owner-occupied or investors ready to capitalize on rental demand. The area is seeing increased investment and development activity, making it an up-and-coming community with growing appeal. Positioned just 1.5 miles from the new Lucas Museum of Narrative Art (Star Wars Museum), 1.2 miles from the Natural History Museum, and just over a mile from the California Science Center and Childrens Science Center, this property sits at the intersection of culture, education, and innovation. Its also only 1.3 miles from USC, making it an ideal opportunity for parents looking to avoid high dormitory costs by investing in housing for their student. Instead of paying rent, your child can live in one of the units while the others generate rental incometurning an expense into a wealth-building strategy. Adding even more value, the detached 3-car garage has excellent potential for conversion into an Accessory Dwelling Unit (ADU), which could provide additional income and boost overall property value. Just 1.4 miles from BMO Stadium, home of LAFC, this property is perfectly positioned to benefit from the continued transformation of South LA. With cultural landmarks, major institutions, and infrastructure upgrades nearby, this s a rare opportunity to invest in a rising neighborhood while enjoying immediate and

Location

State CA

County Los Angeles

Zoning Assessor

Direction S of Vernon Ave/ E of Vermont Ave

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Tax ID 5018009022

MLS Router / San Diego MLS
Listed by Angela Dominguez Rodeo Realty

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agent

Patty Doyle

Agent | License ID: 01507441

+1(619) 886-0321

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961 W 47th Street

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