526 -534 W 47th Street Los Angeles, CA ^$ 3,695,000

526 -534 W 47th Street

^$ 3,695,000

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Recently Listed

526 -534 W 47th Street

Los Angeles, CA, 90037

^$ 3,695,000

Bedrooms-- Baths-- Sq 11,954

Monthly Estimate*

^$ 23,052

Listed by Keller Williams Luxury

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Commercial Property for sale in Los Angeles, CA

for $3,695,000. This 11,954 square foot building was built in 1927 on a lot size of 0.355.

Less than $195,000 per unit an Actual Cap Rate of 6.8% and Actual GRM of 10.61. Pro-Forma Cap rate of 11.43% and GRM of 7.05 . Well-Maintained 19-Unit Multifamily property on a Large Double Lot Approx. 15,464 sq. ft. lot located at 526-534 W. 47th St., Los Angeles, CA 90037. This offering includes two adjacent parcels: APNs 5018-027-015 and 5018-027-016. Many units have been fully remodeled and upgraded. Located just minutes south of USC, BMO Stadium, and near shops and restaurants. Situated in a rapidly gentrifying neighborhood with significant development potential. Potential to build affordable or low-income housing, (buyer to verify). Tremendous upside once units are turned. Four units may be delivered vacant at close of escrow. Convenient access to the 110 Freeway, public transits, and local amenities. No on-site manager required. Drive-by only, please do not disturb tenants. For further details, call or text the listing agent.

Commercial Active

Price

^$ 3,695,000

Property Type

Commercial

Taxes

^$ 0

Style

Lot Size

0.355

Year Built

1927

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

25628245

Days on Market

114

Features

General

Utilities Electricity Available Natural Gas Available

Roof Shingle

Zoning LARD2

HOA Fee 0

Security Features Gated Community

Construction Materials Stucco

Year Built 1927

Tax Year 2024

Community Features Gated

County Los Angeles

Net Operating Income 251306

Insurance Expense 5500

Property Type Commercial Sale

Special Listing Conditions Standard

Status Active

Directions West of Figueroa East of Hoover

City Los Angeles

Number Of Units Total 19

MLS Area C42 - Downtown L.A.

Lot Size Units Square Feet

Lot Size Square Feet 15464

Trash Expense 3950

Virtual Tour https://youtu.be/f5MHOHIcsZk

Standard Status Active

Cap Rate 6.8

Interior

Total Stories 0

Heating Y/N true

Laundry Features None

Total Baths 0

Exterior

Total Parking 0

Lot Size Area 15464

Building Area Total 11954

Lot Size Acres 0.355

Lot Size Source Assessor

* Excluded Features

List By

Keller Williams Luxury

Broker

shawnpou@aol.com

Affordability Calculator

$23,052

Per Month

Monthly Principal & Interest: $23,052
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% 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

Trends
Schools

Commerical listings in Los Angeles, CA

Average List Price ^$2,730,936

Percent of Sale Price 26%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/12/2025	$3,695,000		Listed Price

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526 -534 W 47th Street, Los Angeles, CA, 90037 is a Commercial Property for sale at $3,695,000 with 11,954 sqft and a lot size of 0.355. 526 -534 W 47th Street was built in 1927. The property's zip code is 90037 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/16/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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526 -534 W 47th Street

Commercial Property for sale in Los Angeles, CA

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