See all 5 photos
5 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$625,000
Est. payment /mo
4 Beds
3 Baths
2,803 SqFt
Open House
Wed Oct 15, 3:00pm - 5:00pm
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,803 sqft
Price per Sqft $222
MLS Listing ID 25585877
Bedrooms 4
HOA Y/N No
Year Built 1907
Lot Size 6,682 Sqft
Property Description
967 W 47th Street is a true value-add opportunity with a four-unit apartment community located on 47th Street, just east of Vermont Avenue and south of Vernon Avenue near Exposition Park in Los Angeles. The offering consists of three separate structures situated on a generous 6,682 square foot lot, giving investors flexibility and potential for future redevelopment. Each unit is separately metered for gas and electricity, helping to keep operating expenses low and improving overall cash flow. The property is ideally positioned in a dense, high-demand rental market near Downtown Los Angeles, and USC, ensuring strong tenant demand and long-term stability. Investors will appreciate the significant upside in rents. This combination of location, existing income, and future potential makes it a compelling acquisition for value-focused investors.
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Zoning LARD3
Interior
Heating None
Cooling None
Fireplace No
Exterior
Parking Features None
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5018009021
Special Listing Condition Standard
Read Less Info
Listed by Sean Namigohar Lyon Stahl Investment Real Estate, Inc.
Get More Information
