680 East 47th Street Los Angeles, CA $ 2,000,000
680 East 47th Street
$ 2,000,000
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680 East 47th Street

Los Angeles, CA, 90011
$ 2,000,000
Baths0.0 Sq 11,853

Monthly Estimate*

$ 12,314

680 East 47th Street, Los Angeles, CA 90011 - Image 1
Studio

Multi-Family Home for sale in Los Angeles, CA

for $2,000,000. This 11,853 square foot home was built in 1924 on a lot size of 0.31.

The subject property is a 20-unit apartment complex located in South Los Angeles, just east of the USC campus. The building consists of sixteen singles and four - one-bedroom units. The structure was built in 1924 and contains 11,853 square feet. It is situated on a 13,500 square foot lot which is zoned LAR2. The units are producing almost $20,000 per month and close to $240,000 annually. At list, the GRM is 8.33 and the Cost Per Unit is a very attractive $100,000 per unit. The day one cash flow is almost 8% based on a 35% down payment. Even with those attractive numbers, there is still plenty of upside in the rents, with most doubling upon turnover. This one will not last. Unit sizes are approximate. Buyers to rely on their own investigations

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Multi-Family Active

Price

$ 2,000,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.31

Year Built

1924

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0026641103

Features
General
Living Area 11853.0
Heating Wall Furnace
Zoning LAR2
Year Built 1924
Levels Two
County Los Angeles
Net Operating Income 138873.0
New Construction No
Property Type C
HOA No
Status Active
City Los Angeles
Senior Community Y/N No
MLS Area C42 - Downtown L.A.
Lot Size Units Square Feet
Lot Size Square Feet 13504.0
Standard Status Active
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Exterior
Parking Features Uncovered
Lot Size Area 13504.0
Foundation Details None
Pool Y/N? Yes
Building Area Total 11853.0
Lot Dimensions 100x135
Lot Size Acres 0.31
Land Lease Type Fee
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Interior
Total Stories 2
Air Conditioning Y/N No
Heating Y/N Yes
Total Baths 0
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* Excluded Features
List By
Jerome McAlpin

Listing Agent

Mcalpin & Company

Broker

Affordability Calculator

$12,314
Per Month
100%
0%
0%
Monthly Principal & Interest
$12,314
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
1/23/2026$2,000,000 Listed Price

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680 East 47th Street, Los Angeles, CA, 90011 is a Multi-Family Home for sale at $2,000,000 with 11,853 sqft and a lot size of 0.31. 680 East 47th Street is a studio with 0.0 baths and was built in 1924. The property's zip code is 90011 which is in Los Angeles, CA