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

Los Angeles, CA, 90037
$ 2,250,000
Baths0.0 Sq 4,429

Monthly Estimate*

$ 15,717

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $2,250,000. 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

Studio

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

0024356505

Features
General
Heating Wall Furnace
Possession Close of Escrow
Zoning LARD2
Architectural Style Traditional
Security Features Gated Community
Year Built 1924
Tenant Pays Electricity Gas
Levels Two
Accessibility Other
County Los Angeles
Net Operating Income 94775.0
New Construction No
Property Type C
HOA / Comm Assn No
Status Active
City Los Angeles
Buyer Agent Compensation 2.00
View Y/N No
Senior Community Y/N No
MLS Area C42 - Downtown L.A.
Lot Size Square Feet 8276.0
Street Name 47th
Additional Parcels Y/N No
Structure Type None
Standard Status Active
Buyer Agent Compensation Type %
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Interior
Flooring Laminate
Kitchen Appliances Built-In
Total Stories 2
Heating Y/N Yes
Street Suffix Street
Total Baths 0
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Exterior
Parking Features Assigned Driveway - Combination Attached Carport
Water Source None Public
Lot Size Area 8276.0
Spa No
Pool Y/N? No
Building Area Total 4429.0
Lot Size Acres 0.19
Lot Size Units Square Feet
Land Lease Type Fee
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* Excluded Features
List By
Walter Castillo

Listing Agent

Coldwell Banker Realty

Broker

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
793437 Elementary School
793428 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 West 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 West 47th Street is a studio with 0.0 baths and was built in 1924. The property's zip code is 90037 which is in Los Angeles, CA