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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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961 W 47th Street Los Angeles, CA 90037
$1,228,520 0 beds, 0 baths
0 sqft
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Agent Remarks

Located in the heart of South Los Angeles,  this investment property has a strong upside potential in a neighborhood that’s actively transitioning and showing signs of revitalization. This four-unit property includes two income-producing units and two vacant units, offering flexibility for owner-occupied or investors ready to capitalize on rental demand. The area is seeing increased investment and development activity, making it an up-and-coming community with growing appeal. Positioned just 1.5 miles from the new Lucas Museum of Narrative Art (Star Wars Museum), 1.2 miles from the Natural History Museum, and just over a mile from the California Science Center and Children’s Science Center, this property sits at the intersection of culture, education, and innovation. It’s also only 1.3 miles from USC, making it an ideal opportunity for parents looking to avoid high dormitory costs by investing in housing for their student. Instead of paying rent, your child can live in one of the units while the others generate rental income—turning an expense into a wealth-building strategy. Adding even more value, the detached 3-car garage has excellent potential for conversion into an Accessory Dwelling Unit (ADU), which could provide additional income and boost overall property value. Just 1.4 miles from BMO Stadium, home of LAFC, this property is perfectly positioned to benefit from the continued transformation of South LA. With cultural landmarks, major institutions, and infrastructure upgrades nearby, this s a rare opportunity to invest in a rising neighborhood while enjoying immediate and future gains. Seller motivated to entertain the best and highest offers. PRICE TO SELL.

Listing Details

Property type: Quadruplex (Multi-Family)
Status: Active
MLS# SR25070265
List price is $1,228,520 Reduced by $21,480 on 5/23/2025
Beds: 0
Baths: 0
None fireplaces
Built in 1913
1 story
0.15 acres
Lot size: 0.1534
County: Los Angeles
Zoning: LARD3
Parking description: Garage,Garage Door Opener
Lot description: TwoToFiveUnitsAcre
MLS area: C34 - Los Angeles Southwest

Last Updated: 6/4/2025

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This listing belongs to the C34 - Los Angeles Southwest MLS area

Lat/Long: 34.000852, -118.290457.
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Listing Agent: Angela Dominguez
Lic#: 01276603
Office Name: Tustin

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

Compared to National:

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Lic#: 01276603

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Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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© 2025 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
Lic#: 01317331

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