961 47th Street

Los Angeles, CA 90037

$1,400,000

Listed Price
8

bed Beds

4

shower Baths

2,772 sqft

straighten $505 / sqft

1913

calendar_month Built

Property Description

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.

Interior Features

Bedroom Information
Bedrooms 8
Bathroom Information
Bathrooms 4
Fireplace Information
Features None
Interior Information
Cooling Type Central Air

Listing Information

Address 961 47th Street
City Los Angeles
State CA
Zip 90037
County Los Angeles
Listing Agent Michael Massa DRE#02082631
Co-Listing Agent Brian Mallasch DRE#01748272
Courtesy Of Coldwell Banker Realty
MLS SR24102931
List Price $1,400,000
Status Active
Type Residential
Subtype Quadruplex
Structure Size 2,772
Lot Size 6,685
Year Built 1913
DOM 4

Exterior Information

Maps

Listing information courtesy of: Michael Massa, Brian Mallasch, Coldwell Banker Realty . *Based on information from the Association of REALTORS/Multiple Listing as of May 25th, 2024 at 10:05 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.