961 47th Street, Los Angeles, CA 90037

Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
#1#2#3
961 47th Street,Los Angeles, CA 90037
$1,299,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:michael massa
Office:coldwell banker realty
MLS#:SR24086410
Source:CAREIL

Price summary

  • Price:$1,299,000

About this home

Fantastic Investment Opportunity! 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 close to 2,800 sq. ft. of living space on an over 6,600 sq. ft. lot, this property presents a lucrative investment potential. Zoned LARD3, the property also had previous permits for an ADU that have now expired, allowing for an additional 2 bed/1 bath unit to further increase income potential. Garage will be vacant upon closing. Conveniently located near the 110 Freeway, Downtown LA, Staples Center, 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. Tenants are not aware of the sale, so please do not disturb them.

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Home facts

  • Year built:1913
  • Listing Id #:SR24086410
  • Added:469 day(s) ago
  • Updated:December 09, 2024 at 05:48 PM

Structure and exterior

  • Year built:1913
  • Lot area:0.15 Acres

Utilities

  • Water:District - Public

Finances and disclosures

  • Price:$1,299,000
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