Property Photo: 961 W 47th Street CA 90037

Listing Courtesy of: CRMLS / Coldwell Banker Realty / Michael Massa / Brian Mallasch - Contact: 310-779-9007

961 W 47th Street Los Angeles, CA 90037

Active (15 Days)

$1,400,000

2,772

SQFT

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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.

MLS #:
SR24086410

Lot Size
6,685 SQFT

Type
Multifamily

Year Built
1913

County
Los Angeles County

Listed By

Michael Massa, DRE #02082631 CA, Coldwell Banker Realty, Contact: 310-779-9007
Brian Mallasch, DRE #01748272 CA, Coldwell Banker Realty

Source
CRMLS
Last checked May 17 2024 at 1:15 AM GMT+0000

Bathroom Details

Interior Features

Laundry: Washer Hookup
Laundry: Electric Dryer Hookup

Lot Information

Lawn
Front Yard
2-5 Units/Acre

Utility Information

Utilities: Water Source: Public
Sewer: Public Sewer

Stories

Additional Listing Info

Buyer Brokerage Commission: 2.500

Location

Map View | Street View

Listing to Address

Address to Listing

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Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.