967 W 47th Street is a true value-add opportunity with a four-unit apartment community located on 47th Street, just east of Vermont Avenue and south of Vernon Avenue near Exposition Park in Los Angeles. The offering consists of three separate structures situated on a generous 6,682 square foot lot, giving investors flexibility and potential for future redevelopment. Each unit is separately metered for gas and electricity, helping to keep operating expenses low and improving overall cash flow. The property is ideally positioned in a dense, high-demand rental market near Downtown Los Angeles, and USC, ensuring strong tenant demand and long-term stability. Investors will appreciate the significant upside in rents. This combination of location, existing income, and future potential makes it a compelling acquisition for value-focused investors.
Property Details
Price:
$625,000
MLS #:
25585877
Status:
Pending
Beds:
4
Baths:
3
Type:
Single Family
Neighborhood:
c34losangelessouthwest
Listed Date:
Sep 2, 2025
Finished Sq Ft:
2,803
Total Sq Ft:
2,803
Lot Size:
6,684 sqft / 0.15 acres (approx)
Year Built:
1907
See this Listing
Schools
Interior
Cooling
NO
Heating
NO
Exterior
Financial
Map
Community
- Address967 W 47th ST Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90037
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Jan 10, 2026
1,660
Single Family Listed
62
Avg DOM
1,105
Avg $ / SqFt
$1,818,573
Avg List Price
Property Summary
- 967 W 47th ST Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90037. It is listed for $625,000 and features 4 beds, 3 baths, and has approximately 2,803 square feet of living space, and was originally constructed in 1907. The current price per square foot is $223. The average price per square foot for Single Family listings in Los Angeles is $1,105. The average listing price for Single Family in Los Angeles is $1,818,573.
Similar Listings Nearby
967 W 47th ST
Los Angeles, CA


