603 W 47th ST new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90037
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,278 sqft
Price per Sqft $467
MLS Listing ID 25510483
Bedrooms 11
Year Built 1924
Lot Size 8,276 Sqft
Property Description
Exceptional Four-Unit Investment Property with High Market-Rate Rents & Prime LA Location. Unlock the potential of this high-performing, fully upgraded four-unit property, a rare opportunity for investors seeking strong cash flow and long-term appreciation. This standout asset seamlessly blends classic charm and modern sophistication, offering the perfect combination of style, convenience, and profitability. Behind the secure gated entry, you'll find a beautifully restored Spanish-style duplex in the front and a newly constructed modern duplex in the rear, featuring two garages and a covered carport, a premium feature in this high-demand rental market. Property Highlights: (2) Two-bedroom, two-bath units (1) Four-bedroom, two-bath unit with an extra-large bonus room (1) Three-bedroom, two-bath unit Stylish, open-concept layouts with chef's kitchens, oversized islands, and high-end finishes. Ample parking, including garages, carports, and open spaces, ensures convenience for tenants. Prime central location with easy access to USC, Banc of California Stadium, Crypto.com Arena, major freeways, public transit, and Downtown LA Smart Investment Opportunity. This turnkey, income-generating property is designed for maximum rental appeal in one of LA's most sought-after neighborhoods. With market-rate rents, high tenant demand, and appreciating property values, this is an unbeatable opportunity for investors looking to expand their portfolio with a premium, cash-flowing asset. Don't miss out! Contact us today to schedule a private tour and secure this incredible investment.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LARD2
Interior
Flooring Laminate,Tile
Laundry Inside
Exterior
Parking Features Assigned,Direct Access,Garage,Garage Door Opener
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Gated
View Y/N No
View None
Roof Type Shingle
Building
Story 2
Sewer Other
Water Public
New Construction No
Others
Acceptable Financing Cash,Conventional,Cal Vet Loan,FHA,Fannie Mae,Freddie Mac,Government Loan
Listing Terms Cash,Conventional,Cal Vet Loan,FHA,Fannie Mae,Freddie Mac,Government Loan
Special Listing Condition Standard