Exceptional Four-Unit Investment Property with High Market-Rate Rents & Prime LA Location. Unlock the potential of this high-performing, fully upgraded four-unit property, a rare opportunity for investors seeking strong cash flow and long-term appreciation. This standout asset seamlessly blends classic charm and modern sophistication, offering the perfect combination of style, convenience, and profitability. Behind the secure gated entry, you’ll find a beautifully restored Spanish-style duplex in the front and a newly constructed modern duplex in the rear, featuring two garages and a covered carport, a premium feature in this high-demand rental market. Property Highlights: (2) Two-bedroom, two-bath units (1) Four-bedroom, two-bath unit with an extra-large bonus room (1) Three-bedroom, two-bath unit Stylish, open-concept layouts with chef’s kitchens, oversized islands, and high-end finishes. Ample parking, including garages, carports, and open spaces, ensures convenience for tenants. Prime central location with easy access to USC, Banc of California Stadium, Crypto.com Arena, major freeways, public transit, and Downtown LA Smart Investment Opportunity. This turnkey, income-generating property is designed for maximum rental appeal in one of LA’s most sought-after neighborhoods. With market-rate rents, high tenant demand, and appreciating property values, this is an unbeatable opportunity for investors looking to expand their portfolio with a premium, cash-flowing asset. Don’t miss out! Contact us today to schedule a private tour and secure this incredible investment.
Property Details
Price:
$1,999,000
MLS #:
25510483
Status:
Active
Baths:
0
Address:
603 W 47th Street
Type:
Residential Income
Neighborhood:
c42downtownla
City:
Los Angeles
Listed Date:
Mar 12, 2025
State:
CA
ZIP:
90037
Lot Size:
8,276 sqft / 0.19 acres (approx)
Year Built:
1924
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Schools
Interior
Appliances
Built- In
Flooring
Laminate, Tile
Exterior
Garage Spaces
2.00
Parking Features
Assigned, Garage Door Opener, Direct Garage Access
Parking Spots
11.00
Pool Features
None
Roof
Shingle
Security Features
Gated Community
Sewer
Other
Spa Features
None
Stories Total
2
View
None
Water Source
Public
Financial
Map
Community
- Address603 W 47th Street Los Angeles CA
- AreaC42 – Downtown L.A.
- CityLos Angeles
- CountyLos Angeles
- Zip Code90037
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603 W 47th Street
Los Angeles, CA
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