324 W 47th Place Los Angeles, CA $ 559,900
324 W 47th Place
$ 559,900
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324 W 47th Place

Los Angeles, CA, 90037
$ 559,900
Baths1.0 Sq 2,006

Monthly Estimate*

$ 3,447

Listed by Century 21 Allstars
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Studio

Multi-Family Home for sale in Los Angeles, CA

for $559,900 with 1 full bath. This 2,006 square foot home was built in 1910 on a lot size of 0.1242.

Excellent opportunity in the heart of Los Angeles. This versatile duplex offers strong upside potential in a rapidly growing market. Two separate units provide flexible options for rental income, owner occupancy, or multi-generational living. The property sits on a generously sized lot with onsite parking and room to maximize future value. Conveniently located near Downtown Los Angeles, LAX, USC, BMO Stadium, Exposition Park, Metro access, major freeways, shopping, and dining. The area continues to see strong rental demand and long-term growth, making this property ideal for buyers seeking income potential and long-term appreciation. Opportunities like this are becoming harder to find in Los Angeles. Whether you plan to renovate or hold as an investment, this property offers a strong foundation for future value.

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Multi-Family Active

Price

$ 559,900

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1242

Year Built

1910

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

DW26108947

Days on Market

3

Features
General
Sewer Public Sewer
Cooling None
Roof Shingle
HOA Fee 0
Garage Spaces 0
Architectural Style Craftsman
Pool Features None
Construction Materials Stucco
Year Built 1910
View None
Stories Count 1
Levels One
Property Subtype Duplex
Gross Income 0
Community Features Storm Drain(s) Street Lights Sidewalks Urban
Accessibility None
County Los Angeles
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
New Construction false
Property Type Residential Income
HOA false
Contingency This property is part of a First Look program. It allows owner occupant buyers to have their offers negotiated on day 8 of being listed. Owner occupants are those buyers that will occupy the property as their principal residence within 60 days of closing and will maintain their occupancy for at least 1 year. These buyers are required to sign an Owner Occupant Certification as part of the contract. An investor trust vacation or part-time residence or purchasing for another person will be considered an Investor and are not eligible for First Look. Investors are welcomed to make offers on the 30th day but will not be countered until the 31st day. See supplemental section.
Garage Y/N false
Special Listing Conditions Real Estate Owned
Status Active
Directions South of Vernon Ave Between S Broadway & S Grand Ave
City Los Angeles
Entry Location Ground Level w/ Steps
Senior Community Y/N false
Number Of Units Total 2
MLS Area C37 - Metropolitan South
Lot Size Units Square Feet
Lot Size Square Feet 5408
Listing Terms Cash FHA 203(k)
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Property Condition Fixer
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 5
Property Sub Type Additional Duplex
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Interior
Interior Amenities Built-in Features Ceiling Fan(s) Granite Counters
Flooring Carpet
Fireplace Features None
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N false
Fireplace Y/N false
Laundry Features Inside
Entry Level 1
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Exterior
Parking Features Driveway
Lot Features Front Yard
Water Source Public
Total Parking 5
Lot Size Area 5408
Number of Buildings 2
Spa false
Building Area Total 2006
Lot Size Acres 0.1242
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
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* Excluded Features
List By
Century 21 Allstars

Broker

misael@calreopro.com

Email

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$3,447
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$3,447
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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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/20/2026$559,900 Listed Price

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324 W 47th Place, Los Angeles, CA, 90037 is a Multi-Family Home for sale at $559,900 with 2,006 sqft and a lot size of 0.1242. 324 W 47th Place is a studio with 1.0 baths and was built in 1910. The property's zip code is 90037 which is in Los Angeles, CA