-534 W 47th ST
Los Angeles, CA, 90037
$3,695,000
21 Beds
19 Baths
11,954 SqFt
0.36 Acres
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Less than $195,000 per unit an Actual Cap Rate of 6.8% and Actual GRM of 10.61. Pro-Forma Cap rate of 11.43% and GRM of 7.05 . Well-Maintained 19-Unit Multifamily property on a Large Double Lot Approx. 15,464 sq. ft. lot located at 526-534 W. 47th St., Los Angeles, CA 90037. This offering includes two adjacent parcels: APNs 5018-027-015 and 5018-027-016. Many units have been fully remodeled and upgraded. Located just minutes south of USC, BMO Stadium, and near shops and restaurants. Situated in a rapidly gentrifying neighborhood with significant development potential. Potential to build affordable or low-income housing, (buyer to verify). Tremendous upside once units are turned. Four units may be delivered vacant at close of escrow. Convenient access to the 110 Freeway, public transits, and local amenities. No on-site manager required. Drive-by only, please do not disturb tenants. For further details, call or text the listing agent.

Property Details

Price:
$3,695,000
MLS #:
25582509
Status:
Active
Beds:
21
Baths:
19
Type:
Single Family
Neighborhood:
c42downtownla
Listed Date:
Dec 3, 2025
Finished Sq Ft:
11,954
Total Sq Ft:
11,954
Lot Size:
15,464 sqft / 0.36 acres (approx)
Year Built:
1927
Community GatedC42 – Downtown L.a.C42downtownla

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Schools

Interior

Appliances
RF
Cooling
NO
Heating
WL

Exterior

Construction Materials
STC
Security Features
GC

Financial

Gross Operating Income
$337,816
Net Operating Income
$247,988

Map

Community

Market Summary

Current real estate data for Single Family in Los Angeles as of Dec 10, 2025
2,758
Single Family Listed
67
Avg DOM
460
Avg $ / SqFt
$1,521,478
Avg List Price

Property Summary

    -534 W 47th ST Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90037. It is listed for $3,695,000 and features 21 beds, 19 baths, and has approximately 11,954 square feet of living space, and was originally constructed in 1927. The current price per square foot is $309. The average price per square foot for Single Family listings in Los Angeles is $460. The average listing price for Single Family in Los Angeles is $1,521,478.

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Los Angeles, CA