Property
Beds
4
Full Baths
None
1/2 Baths
None
Year Built
1907
Sq.Footage
2,803
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.
Features & Amenities
Interior
-
Total Bedrooms
4
-
Bathrooms
N/A
-
Cooling YN
NO
-
Cooling
None
-
Heating YN
NO
-
Heating
None
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
None
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.1534
-
Property Type
Residential Income
Price
-
Sales Price
$625,000
-
Sq. Footage
2, 803
-
Price/SqFt
$222
HOA
-
Association
NO
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
-
Senior Community YN
NO
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Sean Namigohar , Lyon Stahl Investment Real Estate, Inc.
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