Prime Multi-Unit Investment Opportunity in South Los Angeles. Rare chance to acquire a 2020 yr built high-yield, multi-unit completely vacant property in a desirable South Los Angeles location, just minutes from BMO Stadium, Exposition Park, and with easy access to the 110 Freeway (Vernon Exit). Ideal for investment or owner-user, this versatile property is well-suited for homeless shelters, interim transition housing, non-profit organizations, and government-backed master lease programs. Featuring four units with an impressive total of 32 master suite-style bedrooms and 32 bathrooms, each suite is equipped with a private bath and mini-split HVAC system for maximum comfort. The property also offers common dining areas and laundry facilities in each unit. Zoned R-2 with R-3 occupancy per COO, this unique asset presents significant flexibility and potential. Details and photos coming soon! Completely Vacant!
Property Details
Price:
$4,190,000
MLS #:
25512351
Status:
Active
Baths:
0
Address:
550 W 47th Street
Type:
Residential Income
Neighborhood:
c42downtownla
City:
Los Angeles
Listed Date:
Mar 18, 2025
State:
CA
ZIP:
90037
Lot Size:
8,433 sqft / 0.19 acres (approx)
Year Built:
2020
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Schools
Interior
Appliances
Refrigerator, Gas Cooktop
Fireplace Features
None
Heating
Forced Air, Electric
Exterior
Garage Spaces
2.00
Parking Features
Tandem Garage, Garage – Two Door, Shared Driveway
Parking Spots
7.00
Pool Features
None
Security Features
Gated Community
Sewer
Sewer Paid
Spa Features
None
Stories Total
3
View
None
Financial
Tenant Pays
Gas, Electricity, Trash Collection
Map
Community
- Address550 W 47th Street Los Angeles CA
- AreaC42 – Downtown L.A.
- CityLos Angeles
- CountyLos Angeles
- Zip Code90037
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550 W 47th Street
Los Angeles, CA
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