$1,299,000
For Sale

961 W 47th Street

Los Angeles, CA 90037
2772 sqft | 8 beds | 4 baths | 0.15 acres | #SR24102931
Listing OfficeColdwell Banker Realty
Browse 30 photos
Type:Purchase
Structure:Townhouse
Zone:Residential

Description

Investment Property! 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 nearly 2,800 sqft of living space on an over 6,600 sqft lot, this property presents a lucrative investment potential. Zoned LARD3, the property had previous permits for an ADU that have now expired, allowing for the potential addition of a 2-bed, 1-bath unit to further increase income potential. The 3-car garage will be vacant upon closing. Conveniently located near Exposition Park, the 110 Freeway, Downtown LA, Crypto Arena, 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. Please do not disturb tenants.

  • Interior Details
      • Bedrooms8
      • Bathrooms4
      • Full Baths4
  • Property Details
      • Lot DescriptionTwoToFiveUnitsAcre, FrontYard, Lawn
      • ViewNeighborhood
      • Stories2
    • Measurements
      • Acres0.1535
      • Square Feet2772
    • Parking
      • Parking Spaces3
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1913
  • Utilities / Energy Details
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • School DistrictLos Angeles Unified
      • CountyLos Angeles
  • Financial Details
      • Original List Price$1,400,000
  • Other
      • MLS #SR24102931

Location

Diana HernandezReal Estate Group
$
years

Down Payment

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%
10.0%

Interest Rate

%
6.0%

Tax Rate

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2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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