967 W 47th St Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90037
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,803 sqft
Price per Sqft $222
MLS Listing ID 25585877
Bedrooms 4
Year Built 1907
Lot Size 6,684 Sqft
Acres 0.1534
Property Sub-Type Multi-Family
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 Los Angeles Southwest
Zoning LARD3
Rooms
Other Rooms None
Interior
Heating None
Cooling None
Equipment None
Exterior
Parking Features None
Building
Story 1
Level or Stories One
Others
Special Listing Condition Standard