Commercial: MLS #0025628245 Los Angeles, CA $ 3,495,000
Commercial: MLS #0025628245
$ 3,495,000
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Commercial: MLS #0025628245

Los Angeles, CA, 90037
$ 3,495,000
Bedrooms-- Baths--

Monthly Estimate*

$ 21,804

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Commercial Property for sale in Los Angeles, CA

for $3,495,000. This building was built in 1927.

Less than $184,000 per unit an Actual Cap Rate of 7.25% and Actual GRM of 10.04. Pro-Forma Cap rate of 12,14% and GRM of 6.66 . 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.

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Commercial Active

Price

$ 3,495,000

Property Type

Commercial

Taxes

$ 0

Style

Year Built

1927

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0025628245

Features
General
Utilities Natural Gas Available Electricity Available
Roof Shingle
Zoning LARD2
Security Features Gated Community
Construction Materials Stucco
Year Built 1927
Tax Year 2024
County Los Angeles
Net Operating Income 253556.0
Insurance Expense 5500.0
Property Type F
Status Active
City Los Angeles
MLS Area C42 - Downtown L.A.
Trash Expense 3950.0
Virtual Tour https://youtu.be/f5MHOHIcsZk
Standard Status Active
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Exterior
Lot Size Area 15464.0
Land Lease Type Fee
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Interior
Total Stories 0
Heating Y/N Yes
Total Baths 0
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* Excluded Features
List By
Shahram Pourebrahim

Listing Agent

Keller Williams Luxury

Broker

Affordability Calculator

$21,804
Per Month
100%
0%
0%
Monthly Principal & Interest
$21,804
Monthly Property Taxes
--
Monthly Home Insurance
--
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
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/17/2025$3,495,000 -5.41% Price Down
12/12/2025$3,695,000 Listed Price

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