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 #
CRSR24086410
MLS Source
California Regional MLS
Days on Site
265
Pool
None
Garage/Parking
Garage: 3 Car(s)
Listing Agent
Michael Massa
Coldwell Banker Realty
License #: 02082631
Phone: –
Co-Listing Agent
Brian Mallasch
Coldwell Banker Realty
License #: 01748272
Phone: (818) 540-4003
# Buildings | # Leased Units | # Total Units |
---|---|---|
3 | 4 | 4 |
961 W 47th St is a Residential Income in Los Angeles, CA 90037. This – square foot property sits on a 6,685 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,299,000 and was built in 1913.
This address can also be written as 961 W 47th St, Los Angeles, CA 90037.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of October 15, 2024. For the most current information, please contact Michael Massa