Ideally located in the heart of Los Angeles, this well-maintained 3-unit multifamily property in desirable R2 zoning offers exceptional long-term value and reliable rental income. Featuring 2,912 sq ft living space on a generous 7,556 sq ft Lot, the property consists of two comfortable 2Bed/1Bath units and one spacious 3Bed/2Bath two-story unit. One unit has been upgraded with laminated flooring and modern finishes. Each unit is equipped with individual gas and electric meters, minimizing owner expenses, and tenants benefit from a large gated parking area with ample space. Situated in R2 zoning, the property also presents potential for future expansion or redevelopment possibilities ( buyer to verify). Its central location offers unmatched convenience-near Downtown LA, USC, Exposition Park, transit, and major freeways- ensuring consistent rental demand and long-term growth. A great opportunity for investors seeking stability. All tenants have been consistently reliable with their rent payments.
Property Details
Price:
$820,000
MLS #:
25572337
Status:
Active
Beds:
7
Baths:
4
Type:
Single Family
Neighborhood:
c42downtownla
Listed Date:
Dec 22, 2025
Finished Sq Ft:
2,912
Total Sq Ft:
2,912
Lot Size:
7,556 sqft / 0.17 acres (approx)
Year Built:
1931
See this Listing
Schools
Interior
Cooling
NO
Heating
WL
Exterior
Parking Spots
5
Financial
Map
Community
- Address631 E 47th ST Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90011
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Jan 02, 2026
1,708
Single Family Listed
75
Avg DOM
1,035
Avg $ / SqFt
$1,712,909
Avg List Price
Property Summary
- 631 E 47th ST Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90011. It is listed for $820,000 and features 7 beds, 4 baths, and has approximately 2,912 square feet of living space, and was originally constructed in 1931. The current price per square foot is $282. The average price per square foot for Single Family listings in Los Angeles is $1,035. The average listing price for Single Family in Los Angeles is $1,712,909.
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