605 W 47th Street, Los Angeles, CA 90037

5.97 Cap Rate.....Turnkey Four Units. Fully Renovated. Prime Investment & Owner-User Opportunity, Just reduced for immediate action! An exceptional opportunity to own a fully reimagined four-unit income property minutes from USC, the LA Coliseum, and Expo Park. Perfect for investors, 1031 exchange buyers, or owner-users seeking to occupy one unit and collect income from the rest. Expertly restored by a seasoned contractor, this luxury fourplex blends classic Los Angeles architecture with modern design and functionality. Each unit features upgraded kitchens with stainless-steel appliances, quartz countertops, in-unit laundry, wall A/C units, designer fixtures, and new flooring throughout, delivering both style and efficiency. Currently tenant-occupied and producing strong income, the property offers immediate cash flow with long-term upside potential in one of LA's most dynamic and appreciating rental corridors. The gated grounds and thoughtful layout provide privacy, comfort, and ease … read more …