W 47th ST Lot 37
Los Angeles, CA, 90037
$1,698,000
12 Beds
8 Baths
4,510 SqFt
0.18 Acres
Add
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Don’t miss this rare opportunity to own an income generating fourplex in one of Los Angeles’ most rapidly developing neighborhoods near USC! This exceptional property combines brand-new construction (2 units, built in 2025) and upgraded existing units (2 units) for a combined 4-unit investment property.

The property has 3 units available for rent and 1 unit paying rent, making it ideal for investors looking to identify their own tenants and maximize cash flow. With a cap rate of 7.13% and a gross rent multiplier (GRM) of 10.95, this asset presents strong current returns and long-term appreciation in a high-demand rental market.

This property is one of three 4-unit investment properties in the same area available in the portfolio—offering great opportunity for buyers looking to invest in an individual or multiple income-generating assets.

At the rear of the property sits a newly built (2025) duplex, featuring two beautifully designed 3-bedroom, 2-bathroom units—each 912 square feet. These modern residences offer stylish vinyl plank flooring, quartz countertops, dual-pane energy-efficient windows, new water heaters, in-unit washer/dryer hookups, and fully paid-off solar panels for long-term energy savings. These units are not subject to rent control.

The front duplex built in 1914 has been thoughtfully upgraded and includes two spacious 3-bedroom, 2-bathroom units, each over 1,300 square feet. These units also feature dedicated laundry rooms with washer/dryer hookups and updated interiors, providing comfort and convenience for tenants. The property has plenty of onsite parking as well as it is an oversized lot exceeding 7,770 square feet in the heart of Los Angeles.

The property has undergone significant infrastructure upgrades, including a modernized electrical system with separate electric meters and sub panels for each unit, as well as all-copper plumbing throughout.

A 5-minute drive to the University of Southern California (USC), and close proximity to Downtown Los Angeles including Crypto Arena, LA LIVE, this property is perfectly positioned in a high-demand rental market. With easy access to major freeways and everyday amenities, this turn-key property is perfect for seasoned or first-time investors seeking solid returns, low maintenance, and a prime location for continued growth.

Property Details

Price:
$1,698,000
MLS #:
BB25199705
Status:
A
Beds:
12
Baths:
8
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
c42
Listed Date:
Sep 4, 2025
Finished Sq Ft:
4,510
Lot Size:
7,778 sqft / 0.18 acres (approx)
Year Built:
2025
NewconstructionC42C42Los Angeles Unified

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Schools

School District:
Los Angeles Unified

Interior

Appliances
GR
Bathrooms
8 Full Bathrooms
Cooling
CA, WW
Flooring
TILE, VINY
Heating
CF, COM
Laundry Features
GE, WH

Exterior

Community Features
CRB
Parking Spots
4
Roof
SHN

Financial

Map

Community

Market Summary

Current real estate data for Single Family in Los Angeles as of Oct 28, 2025
2,763
Single Family Listed
67
Avg DOM
665
Avg $ / SqFt
$1,839,398
Avg List Price

Property Summary

    W 47th ST Lot 37 Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90037. It is listed for $1,698,000 and features 12 beds, 8 baths, and has approximately 4,510 square feet of living space, and was originally constructed in 2025. The current price per square foot is $376. The average price per square foot for Single Family listings in Los Angeles is $665. The average listing price for Single Family in Los Angeles is $1,839,398.

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Los Angeles, CA