We are pleased to offer 972 W. 47th Street, a fully occupied five-unit multifamily investment property located in Los Angeles, California 90037. The property offers an attractive unit mix consisting of three two-bedroom, one-bathroom units, and two three-bedroom, two-bathroom units. The improvements total approximately 4,300 rentable square feet and are situated on two adjacent parcels (APN #’s 5018-010-020 & 5018-010-023) totaling approximately 6,760-square-feet. The property also provides ample on-site parking for residents. Offered at $1,100,000, the property represents a stable, income-producing investment opportunity with an attractive 7.30 gross rent multiplier and a 9.07% capitalization rate. The property is currently fully occupied, providing an investor with immediate and consistent rental income from the date of acquisition. Recent capital improvements include all five of the units being recently renovated within the last five years prior to tenant move-in as well as a recently installed Ring security system. The property also allows future ADU potential with a large rear garage/storage area that can be converted to increase rental income (buyer to verify). With its strong current cash flow, favorable unit mix, recent improvements, and full occupancy, 972 W. 47th Street offers investors a compelling opportunity to acquire a stabilized multifamily asset at an attractive basis in the Los Angeles market.
Property Details
Price:
$1,100,000
MLS #:
26989593
Status:
Active
Beds:
12
Baths:
7
Type:
Single Family
Neighborhood:
c34losangelessouthwest
Listed Date:
Sep 25, 2026
Finished Sq Ft:
4,300
Total Sq Ft:
4,300
Lot Size:
6,760 sqft / 0.16 acres (approx)
Year Built:
1914
See this Listing
Schools
Interior
Cooling
NO
Levels
A
Exterior
Other Structures
SH
Parking Spots
5
Parking Total
5
Financial
Map
Community
- Address972 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 Sep 25, 2026
8,895
Single Family Listed
84
Avg DOM
440
Avg $ / SqFt
$1,574,331
Avg List Price
Property Summary
- 972 W 47th ST Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90037. It is listed for $1,100,000 and features 12 beds, 7 baths, and has approximately 4,300 square feet of living space, and was originally constructed in 1914. The current price per square foot is $256. The average price per square foot for Single Family listings in Los Angeles is $440. The average listing price for Single Family in Los Angeles is $1,574,331.
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