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.
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
See this Listing
Mortgage Calculator
Schools
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
Map
Community
- Address961 W 47th Street Los Angeles CA
- AreaC34 – Los Angeles Southwest
- CityLos Angeles
- CountyLos Angeles
- Zip Code90037
Similar Listings Nearby
- 7811 S San Pedro Street
Los Angeles, CA$1,595,000
2.53 miles away
- 227 E 52nd Street
Los Angeles, CA$1,595,000
1.18 miles away
- 2460 W 18th Street
Los Angeles, CA$1,595,000
3.12 miles away
- 5459 Carlin Street
Los Angeles, CA$1,595,000
4.63 miles away
- 2131 S Cloverdale Avenue
Los Angeles, CA$1,595,000
4.53 miles away
- 1702 S Hoover Street
Los Angeles, CA$1,589,000
2.90 miles away
- 1641 S New Hampshire Avenue
Los Angeles, CA$1,585,000
2.92 miles away
- 1740 S Rimpau Boulevard
Los Angeles, CA$1,580,000
4.15 miles away
- 2005 Magnolia Avenue
Los Angeles, CA$1,575,000
2.56 miles away
- 3711 S Western Avenue
Los Angeles, CA$1,575,000
1.74 miles away

961 W 47th Street
Los Angeles, CA
LIGHTBOX-IMAGES