603 W 47th Street Los Angeles, CA $ 2,250,000
603 W 47th Street
$ 2,250,000
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603 W 47th Street

Los Angeles, CA, 90037
$ 2,250,000
Bedrooms11 Baths8.0 Sq 4,429

Monthly Estimate*

$ 15,717

Listed by Coldwell Banker Realty
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Multi-Family Home for sale in Los Angeles, CA

for $2,250,000 with 11 bedrooms and 8 full baths. This 4,429 square foot home was built in 1924 on a lot size of 0.19.

Attention Investors and 1031 Exchangers: Profit-Generating Opportunity Awaits! Presenting a unique and lucrative four-unit property with market rents, this charming combination of Spanish-style duplex and modern duplex behind the gates will impress. The front units have been completely renovated, while the remaining units are newly constructed, all boasting excellent condition and market-value rents. Parking is plentiful, offering a combination of garages, carports, and open parking spaces to accommodate tenants comfortably. Comprising (2) 2-bedroom, 2-bathroom units, (1) 4-bedroom, 2-bathroom unit, and (1) 3-bedroom, 2-bathroom unit, each residence features open layouts with spacious kitchens and islands, perfect for modern living. Centrally located near public transportation and local freeways, this property is within minutes of USC University, the New Banc of California Stadium, Crypto.com Arena, and vibrant DTLA. Whether you're a seasoned investor or new to the market, this is an exceptional opportunity not to be missed. Reach out today for more details and secure your investment in this highly sought-after property!

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Multi-Family Active

Price

$ 2,250,000

Bedrooms

11

Full Bath

8

Property Type

Multi-Family

Taxes

$ 0

Style

Traditional

Lot Size

0.19

Year Built

1924

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24356505

Days on Market

80

Features
General
Sewer Other
Heating WallFurnace
Possession CloseOfEscrow
Appliances BuiltIn
Zoning LARD2
Garage Spaces 2.0
Architectural Style Traditional
Pool Features None
Security Features GatedCommunity
Year Built 1924
Tenant Pays Electricity Gas
View None
Stories 2
Levels Two
Gross Income 130800.0
Community Features Gated
County Los Angeles
Net Operating Income 94775.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage Y
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Buyer Financing Cash Conventional CalVetLoan FHA VA
Directions West of Figueroa / South of Vernon
City Los Angeles
Disclosures RentControl
View Y/N N
Senior Community Y/N N
Open Parking Spaces 7.0
Total Units 4
MLS Area C42 - Downtown L.A.
Lot Size Square Feet 8276.0
Private Pool N
Waterfront Y/N N
Carport Y/N Y
Street Name 47th
Listing Terms Cash Conventional CalVetLoan FHA
Spa Features None
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Days on Market 27
Standard Status Active
Occupancy Description Tenant
Cap Rate 4.21
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Interior
Flooring Laminate
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Full Baths 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Street Suffix Street
Total Bedrooms 11
Electric On Property Y/N N
Total Baths 8
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Exterior
Parking Features AttachedCarport Assigned Driveway Gated
Water Source Public
Total Parking 9.0
Lot Size Area 8276.0
Number of Buildings 2
Spa N
Building Area Total 4429.0
Lot Size Acres 0.19
Lot Size Units SquareFeet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 603
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* Excluded Features
List By
Coldwell Banker Realty

Broker

(213) 792-0940

Phone

Affordability Calculator

$15,717
Per Month
100%
0%
0%
Monthly Principal & Interest
$15,717
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/1/2024$2,250,000 -2.17% Price Down
2/9/2024$2,300,000 Listed Price

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603 W 47th Street, Los Angeles, CA, 90037 is a Multi-Family Home for sale at $2,250,000 with 4,429 sqft and a lot size of 0.19. 603 W 47th Street has 11 bedrooms, 8.0 baths, and was built in 1924. The property's zip code is 90037 which is in Los Angeles, CA