605 W 47th ST Active 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 24462989
Bedrooms 11
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1924
Lot Size 8,276 Sqft
Property Description
Discover a lucrative investment opportunity with this four-unit property, featuring market-rate rents and an appealing mix of classic and modern design. Behind the gates, you'll find a beautifully renovated Spanish-style duplex in front and a newly constructed, modern duplex in the rear. All units are in excellent condition, with upgrades that make them highly desirable for tenants. This property offers (2) 2-bedroom, 2-bath units, (1) 4-bedroom, 2-bath unit, and (1) 3-bedroom, 2-bath unit. Each residence boasts an open floor plan with spacious kitchens and islands perfect for comfortable, modern living. Tenants will also benefit from ample parking options, including garages, carports, and open spaces, ensuring convenience and ease. This property is located centrally and provides easy access to public transportation, major freeways, USC University, Banc of California Stadium, Crypto.com Arena, and the vibrant Downtown Los Angeles scene. It's a prime opportunity for investors seeking steady cash flow and appreciation potential in a high-demand area. Take advantage of this exceptional investment. Contact us today to learn more and secure your stake in this highly sought-after property!
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LARD2
Interior
Heating Wall Furnace
Flooring Laminate
Fireplaces Type None
Fireplace No
Appliance Built-In
Exterior
Parking Features Attached Carport,Door-Single,Garage,Gated,Private
Carport Spaces 2
Pool None
Community Features Gated
View Y/N No
View None
Roof Type Shingle
Attached Garage Yes
Total Parking Spaces 9
Private Pool No
Building
Story 2
Entry Level Two,Multi/Split
Sewer Other
Architectural Style Traditional
Level or Stories Two,Multi/Split
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 5018029028
Security Features Gated Community
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
Financing Cash,Conventional,FHA,VA
Special Listing Condition Standard