961 W 47th Street
Los Angeles, CA, 90037
$1,228,520
Beds
0 Baths
SqFt
0.15 Acres
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Located in the heart of South Los Angeles, this investment property has a strong upside potential in a neighborhood that’s actively transitioning and showing signs of revitalization. This four-unit property includes two income-producing units and two vacant units, offering flexibility for owner-occupied or investors ready to capitalize on rental demand. The area is seeing increased investment and development activity, making it an up-and-coming community with growing appeal.

Positioned just 1.5 miles from the new Lucas Museum of Narrative Art (Star Wars Museum), 1.2 miles from the Natural History Museum, and just over a mile from the California Science Center and Children’s Science Center, this property sits at the intersection of culture, education, and innovation. It’s also only 1.3 miles from USC, making it an ideal opportunity for parents looking to avoid high dormitory costs by investing in housing for their student. Instead of paying rent, your child can live in one of the units while the others generate rental income—turning an expense into a wealth-building strategy.

Adding even more value, the detached 3-car garage has excellent potential for conversion into an Accessory Dwelling Unit (ADU), which could provide additional income and boost overall property value. Just 1.4 miles from BMO Stadium, home of LAFC, this property is perfectly positioned to benefit from the continued transformation of South LA. With cultural landmarks, major institutions, and infrastructure upgrades nearby, this s a rare opportunity to invest in a rising neighborhood while enjoying immediate and future gains.

Seller motivated to entertain the best and highest offers. PRICE TO SELL.

Property Details

Price:
$1,228,520
MLS #:
SR25070265
Status:
Active
Baths:
0
Address:
961 W 47th Street
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
c34losangelessouthwest
City:
Los Angeles
Listed Date:
Mar 31, 2025
State:
CA
ZIP:
90037
Lot Size:
6,683 sqft / 0.15 acres (approx)
Year Built:
1913
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Interior

Fireplace Features
None

Exterior

Community Features
Park, Sidewalks
Garage Spaces
3.00
Lot Features
2-5 Units/ Acre
Parking Features
Garage Door Opener
Parking Spots
3.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public

Financial

Tenant Pays
Cable T V, Electricity, Grounds Care, Gas

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961 W 47th Street
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