Property listed by eXp Realty of California Inc, Raul Herrera 888-584-9427
$965,000
Nestled in the heart of Los Angeles, 315 W 47th St is an incredible 4-unit multi-family investment opportunity you won't want to miss! This well-maintained property is perfect for seasoned investors or those looking to start their real estate portfolio. Conveniently located just minutes from downtown LA, USC, LAFC stadium,… Read More and major freeways, this property provides easy access to the city's best amenities, dining, and entertainment. With solid rental income potential, spacious units, and a prime location in a high-demand area, this property is truly a gem. The front unit features 4 bedrooms and 2 bathrooms, while the detached building at the rear includes 3 separate 1-bedroom, 1-bathroom units, offering a versatile mix of living spaces. All units are separately metered for electricity and gas, providing convenience and reducing landlord expenses. Whether you're looking to live in one unit and rent out the others or maximize your cash flow, this property is a smart choice. Don't miss your chance to own a piece of LA's thriving real estate marketschedule your viewing today! Read Less
Listing Snapshot
Days Online
68
Last Updated
Property Type
Other
Beds
7
Square Ft.
2,451
Lot Size
0.1 Acres
Year Built
1922
MLS Number
25490103
30 Days Snapshot Of 90037
$683k
-1%
(avg) sold price
4
-33%
homes sold
63
-48%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1922, Building area total: 2,451, Levels: One, Living area: 2451, 1 story, 2 buildings
Cooling
None
Income
Gross income: $60,024, Net operating income: $46,224
Lot
0.1048 acres, 4,566 square feet, Size: 4,566
Parking
Driveway
Property
Zoning: LARD2
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
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