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Property Description

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.

Features
2
1
: Washer Hookup, Electric Dryer Hookup
0
: Curbs, Sidewalks, Storm Drains, Street Lights, Suburban
Additional Information
Coldwell Banker Realty
0
SR207066902
F5260004
Michael
5018009022
: Standard
3
Two
43

Multi-Family For Sale

961 47th Street, Los Angeles, California 90037

2,772 Sqft
$1,400,000
Listing ID #SR24086410
Basic Details
Status : Active
DaysOnMarket : 20
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : SR24086410
Price : $1,400,000
Living Area : 2,772 Sqft
Lot Size : 6,685 Sqft
Year Built : 1913
Country : US
State : California
County : Los Angeles
City : Los Angeles
Zipcode : 90037
Price Per Square Foot : $505
ModificationTimestamp : 2024-05-21 14:07:54
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