526 -534 W 47th Street, Los Angeles, CA 90037

Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
526 -534 W 47th Street,Los Angeles, CA 90037
$3,495,000
  • 21 Beds
  • 19 Baths
  • 11,954 sq. ft.
  • Multi-family
  • Active
Listed by: shahram pourebrahim
Office: keller williams luxury
MLS#:25582509
Source:CRMLS

Price summary

  • Price:$3,495,000
  • Price per sq. ft.:$292.37

About this home

Less than $184,000 per unit an Actual Cap Rate of 7.25% and Actual GRM of 10.04. Pro-Forma Cap rate of 12.14% and GRM of 6.66 . Well-Maintained 19-Unit Multifamily property on a Large Double Lot Approx. 15,464 sq. ft. lot located at 526-534 W. 47th St., Los Angeles, CA 90037. This offering includes two adjacent parcels: APNs 5018-027-015 and 5018-027-016. Many units have been fully remodeled and upgraded. Located just minutes south of USC, BMO Stadium, and near shops and restaurants. Situated in a rapidly gentrifying neighborhood with significant development potential. Potential to build affordable or low-income housing, (buyer to verify). Tremendous upside once units are turned. Four units may be delivered vacant at close of escrow. Convenient access to the 110 Freeway, public transits, and local amenities. No on-site manager required. Drive-by only, please do not disturb tenants. For further details, call or text the listing agent.

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Home facts

  • Year built:1927
  • Listing ID #:25582509
  • Added:118 day(s) ago
  • Updated:December 19, 2025 at 02:14 PM

Rooms and interior

  • Bedrooms:21
  • Total bathrooms:19
  • Living area:11,954 sq. ft.

Heating and cooling

  • Heating:Wall Furnace

Structure and exterior

  • Year built:1927
  • Building area:11,954 sq. ft.
  • Lot area:0.35 Acres

Utilities

  • Sewer:Sewer Tap Paid

Finances and disclosures

  • Price:$3,495,000
  • Price per sq. ft.:$292.37
Based on information from California Regional Multiple Listing Service, Inc. as of December 22, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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