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!
Property Details
Price:
$1,999,999
MLS #:
24462989
Status:
Active
Baths:
0
Address:
605 W 47th Street
Type:
Residential Income
Neighborhood:
c42downtownla
City:
Los Angeles
Listed Date:
Nov 12, 2024
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
Fireplace Features
None
Flooring
Laminate
Heating
Wall Furnace
Exterior
Parking Features
Attached Carport, Garage – Single Door, Private, Gated
Parking Spots
9.00
Pool Features
None
Roof
Shingle
Security Features
Gated Community
Sewer
Other
Spa Features
None
Stories Total
2
View
None
Financial
Tenant Pays
Gas, Electricity
Map
Community
- Address605 W 47th Street Los Angeles CA
- AreaC42 – Downtown L.A.
- CityLos Angeles
- CountyLos Angeles
- Zip Code90037
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Courtesy of Coldwell Banker Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
605 W 47th Street
Los Angeles, CA
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