Los Angeles, CA 90037,961 W 47th ST
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Los Angeles, CA 90037,961 W 47th ST
Los Angeles, CA 90037,961 W 47th ST
Los Angeles, CA 90037,961 W 47th ST
Los Angeles, CA 90037,961 W 47th ST
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$ 1,228,520
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Price Dropped by $21K

961 W 47th ST Los Angeles, CA 90037

6,682 Sqft Lot


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25070265

HOA Y/N No

Rental Info Month To Month

Year Built 1913

Lot Size 6,682 Sqft

Property Sub-Type Quadruplex

Property Description

Located in the heart of South Los Angeles,  this investment property has a strong upside potential in a neighborhood that's 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 Children's Science Center, this property sits at the intersection of culture, education, and innovation. It's 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 income—turning 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 while enjoying immediate and future gains.

Seller motivated to entertain the best and highest offers. PRICE TO SELL.

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Zoning LARD3

Interior

Fireplaces Type None

Fireplace No

Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup

Exterior

Parking Features Garage, Garage Door Opener

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Park, Sidewalks

Total Parking Spaces 3

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5018009022

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard


California Regional MLS (CRMLS)
Listed by Angela Dominguez • Keller Williams North Valley • 818-633-1077
agent

Robin Aimaq

+1(818) 298-6441

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961 W 47th ST