961 W 47th Street, Los Angeles, CA 90037
Local realty services provided by:Better Homes and Gardens Real Estate Registry
961 W 47th Street,Los Angeles, CA 90037
$1,100,000
- 8 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by:angela dominguez
Office:rodeo realty
MLS#:SR25070265
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,100,000
About this home
$99,000 PRICE REDUCTION 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 whil
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Home facts
- Listing ID #:SR25070265
- Added:182 day(s) ago
- Updated:September 30, 2025 at 01:59 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
Finances and disclosures
- Price:$1,100,000
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