605 W 47th ST new

Los Angeles,CA 90037

$ 1999999

11 Beds

8 Baths

4429 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,429 sqft

Price per Sqft $451

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

Garage 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

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